To support Group Audit in providing assurance to Senior Management and the Audit Committee on the adequacy and effectiveness of internal controls primarily related to all aspects of Wholesale Banking, Financial Markets, Treasury and Retail Banking operations in Bahrain. It includes:
Delivery of audit assignments in line with the annual plan and scope
Principal Responsibilities, Accountabilities and Deliverables of Role:
Know your business
Maintain the Audit Universe
Develop the Annual Audit Plan
Deliver the Annual Audit Plan
Adhere to audit standards and requirements
Manage relationship with key stakeholders
Maintain the local Corrective Action Tracking process
Manage self-career development
Job Context (Circumstances & environment surrounding the job):
Group Audit (GA) consists of a Bahrain-based team plus local Internal Audit teams based in overseas units of ABC. GA is responsible for providing independent assurance on the adequacy and effectiveness of ABC’s internal controls to the Executive Management and the Board of ABC (via the Audit Committee). This is achieved by completing Audit assignments according to a risk-based Annual Audit Plan. The results of the Audit assignments are included within published Audit Reports which contain audit issues requiring management to undertake corrective actions to address any control weaknesses identified. Issues are also presented to the Audit Committee of the Board of ABC on a quarterly basis.
Given the nature of GA’s role within the business, the job holder is expected to uphold the highest standards of integrity and confidentiality at all times. The volume, importance and confidentiality of the material with which the job holder will deal with will require a strong sense of discretion and the ability to organize and present material in a structured way.
Group Audit staffs liaise with individuals at all levels within the organization, including Executive Management and Board members. The job holder will be required to conduct all interactions with courtesy, respect and professionalism.
Education / Qualifications