Senior Audit Specialist Quality Assurance and Reporting

Job Purpose: 

Manage the QART activities and supervise the quality, reporting and transformation measures across the bank.

Key Accountabilities & Detailed Tasks :

• Assist in implementing approved departmental policies, processes, procedures in a controlled and effective manner.
• Assist in conduct Internal Quality Assessment to assess the efficiency and effectiveness of IA through regular on-going review of audit files (selective basis) within Internal Audit.
• Assist in evaluating conformity with regulatory requirements, ARB policies and procedures, the Definition of Internal Audit, IIA Standards and the Code Of Ethics.
• Assist in preparing and periodically reviewing the mission, goals and KPIs of the Internal Audit Group to ensure alignment with the overall strategy of the Bank.
• Assist in liaising with subsidiaries and overseas branches IA function to ensure adequate risk assessment and QA implementation and monitoring.
• Assist in reviewing the annual risk assessment exercise (risk universe and the plan).
• Assist and review any changes in audit methodology that can lead to enhancements of IAG and robust and adding value audit reports.
• Assist in developing and implementing robust communications between Internal Audit Group and other control functions within ARB.
• Ensures that initiatives are embedded into IA processes, procedures and practices by monitoring of such measures on an on-going basis.
• Ensure appropriate progress on approved annual audit plan.
• Ensure robust and timely follow-up of audit issues by respective Internal Audit Heads.
• Monitors the efficiency and the effectiveness of the IAD activities vis-à-vis the KPIs and internal targets to ensure the smooth achievement of Internal Audit Group objectives.
• Liaise with second line of defense and business functions for implementing a cross dependency matrix.
• Ensures that initiatives are embedded into IA processes, procedures and practices by monitoring of such measures on an on-going basis.
• Ensure appropriate progress on approved annual audit plan.
• Ensure robust and timely follow-up of audit issues by respective Internal Audit Heads.
• Monitors the efficiency and the effectiveness of the IAD activities vis-à-vis the KPIs and internal targets to ensure the smooth achievement of Internal Audit Group objectives.
• Liaise with second line of defense and business functions for implementing a cross dependency matrix.
• Prepare presentations/Packs to BACC and BOD.
• Preparing audit issues status report to CEO and BACC once every 2 month and quarterly respectively.
• Prepare any other reports/presentations as and when requested by SAMA, CEO, BACC, BOD, etc.

Minimum Qualifications:

Bachelor’s degree in accounting, business or equivalent

Minimum Experience:

4-5 years of experience in financial services/ Banks focused on internal audit, control frameworks and reporting.

 Job-Specific Skills: 

• Analytical Ability .
• Business Acumen .
• Critical Thinking.
• Action Orientation.
• Creativity and Innovation.
• Personal Motivation/ Productivity.
• Planning and Organizing.
• Process Excellence.