Head - Financial, Operations and Shariah Audit

2 days ago

Kuala Lumpur, Kuala Lumpur, Malaysia alrajhi bank Malaysia Full time 800,000 - 1,100,000 per year

About the Role

To assist Chief Internal Auditor in planning and managing Financial, Operations and Shariah audits of the Bank and provide assurance to the Chief Internal Auditor on the adequacy of the control environment within the area of attention.

What will you do:

  • Identify critical areas to be reviewed and prepare the 3-years strategic plan and annual audit plan to enable efficient and effective use of audit resources.
  • Implement the annual audit plan, as approved, including as appropriate any special tasks or projects requested by the BAC / regulator / CIA.
  • Supervise Operational and Shariah auditors by reviewing audit documentations, observations/findings, root cause, risk/implication and recommendations. Ensure coverage of relevant regulatory requirements and recommend improvements to Bank policies, procedures and practices.
  • Ensure timely reporting of findings, root cause, risk and recommendations for auditee's response and finalisation of report for submission to BAC.
  • Finalize the draft audit report and submit the same for CIA's concurrences.
  • Supervise follow-up with auditees on outstanding audit findings through the issuance of Audit Tracking Report.
  • Provide on-the-job training to Operational and Shariah auditors.
  • Assure the achievement of the Division's key result area.
  • Act as the responsible personnel to ensure compliance on the application of the internal programs and procedures within the Division, including proper maintenance of records and reporting of any suspicious transaction, perform additional administrative duties for the Division and serve as the Secretariat for the MAC as well as Authorised Designated Regulatory Contacts (DRC) for any communication with the regulators on matters related to ARBM's Internal Audit Division.
  • Carry out any other appropriate duties as deemed fit by the Management from time to time.

Skills, certifications and experience you possess:

  • Bachelor's Degree in Accounting, Finance, Banking or related discipline.
  • Possess at least 10 years broad audit experience (preferably both internal and external audit, including a minimum of 3 years leadership experience in managing a department).
  • In-depth understanding of auditing gained by performing complex audits independently from beginning to end, including reporting and presentation.
  • Managed multiple special projects and audits assignments.
  • Experience with complex processes or organisations, preferably experience in operational or technical work.
  • In-depth knowledge of the products and processes in Departments, including the strategy, organisational structure and key players.
  • In-depth knowledge of the group/company's policy, procedures and guidelines on compliance and risk matters.
  • In-depth knowledge (both theoretical and practicable) of auditing, process control, management/strategic control, risk management, organisation, change management and information technology.
  • Excellent skills report writing and advanced level of the English language, both orally and in writing.
  • Understanding of (1) auditing standards, e.g. COSO, etc. (2) regulatory requirement and guidelines issued by BNM, e.g. AML/CFT, BASEL etc.

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