Senior Officer Procurement Control And Governance - Abu Dhabi Islamic Bank

Job description / Role

Finance, Investment & Asset Management

Role purpose

Conduct regular control testing of procurement controls. Support in the preparation and update of procurement business continuity plans and coordinate business continuity testing. Support the regular reviews conducted by CMAT, internal audit, and external auditors including the central bank.

Key accountabilities of the role

Strategic / relational

Outsourcing:

• Support the implementation of Central Bank of the UAE regulations and principles related to outsourcing with regards to assessment of risks, preparation of committees' agenda and minutes of meetings, follow up on confirmations and approvals on a bank level supporting all businesses and departments.

Third-Party Risk Management (TPRM):

• Drive the implementation of third-party risk management on a bank level.

Operational resilience:

• Support the implementation of central bank requirements related to operational resilience.

Risk management:

• Represent procurement in risk-related committees and discussions and prepare procurement packs in relevant committees.

Policies and procedures:

• Support in updating procurement and outsourcing policy, procedures, and forms.
• Drive the implementation of systems and tools on an ongoing basis from control and governance perspective.

• Support closing and rectifying central bank observations, conducting clean-up exercise of existing outsourcing agreements.
• Support in the regular review of existing outsourcing agreements in terms of risk assessment update and performance evaluation.

RCSAs:

• Review and ongoing update of procurement risks and controls assessments (RCSAs), manage GRC system inputs, follow up and update.

BORM:

• Conduct regular control testing as per the outcomes of the RCSAs.
• Regularly review, update, and report on procurement KRIs, issues and actions on GRC.
• Support businesses and departments in assessing outsourcing controls managed by procurement.

BCM:

• Support in the preparation and update of procurement business continuity plans and business impact analysis.
• Support BCM to conduct business continuity testing.
• Update BCM records and systems with procurement BCM related information.
• Maintain and regularly update procurement call tree.

Central bank related activities:

• Maintain and drive the preparation of the outsourcing register for onward submission to the Central Bank of the UAE.

Second line of defense engagements:

• Support the engagement with second line of defense for outsourcing arrangements confirmations and other risk topics connected to procurement process.
• Oversee and follow up workflow tasks created for second line of defense members confirmations for all outsourcing arrangements.
• Support the regular reviews conducted by CMAT, internal audit, and external auditors including the central bank.

• Minimum bachelor's degree.
• CIPS or equivalent accreditation is a plus.
• Project management experience.
• Business English u2013 verbal and written.
• Professional certificate in risk management is a plus.
• Expert in MS tools.
• Arabic is preferred.
• IT background is preferred.

Previous experience

A minimum of 5 years' banking experience in risk management, operational risk, and/or compliance. Experience in procurement, IT procurement, and supply chain process.

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