Managing Director – Internal Audit (Arabic Speaker)

Job Description

Department: Internal Audit

Job Summary:

The successful candidate will be responsible for ensuring the effectiveness of internal controls, adherence to regulatory requirements, and the protection of the Groups assets.

Key Responsibilities:

• Develop and implement the annual audit plan, ensuring comprehensive coverage of the Groups domestic operations.
• Evaluate and improve internal policies, procedures, and regulatory compliance to mitigate financial risks and potential losses.
• Lead and oversee risk assessment processes, identifying areas of improvement and cost-saving opportunities.
• Ensure alignment with international auditing standards (SPPIA, Basel Committee best practices) and regulatory guidelines.
• Establish and maintain strong relationships with executive management, external auditors, and regulatory bodies.
• Provide strategic recommendations to enhance governance, risk management, and internal controls.
• Oversee recruitment, performance management, and professional development of the internal audit team.
• Promote a cost-conscious and efficiency-driven culture, optimizing operational benefits for the bank.
• Ensure compliance with AML, CTF, sanctions, fraud control, and other regulatory requirements.
• Act as a key stakeholder in the Three Lines of Defence framework, providing assurance on risk management processes.

Candidate Requirements:

• Education: Bachelors/Masters degree in Finance, Economics, Accounting, or Banking (Masters preferred).
• Experience:
• Minimum 18 years of audit experience in major international corporate banks.
• At least 12 years in a senior leadership role within a global banking environment.