Assistant Manager - Group Internal Audit

RAKBANK; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

RAKBANK is seeking an experienced Internal Auditor to conduct comprehensive audits across key functions such as Finance, Risk, and Compliance. The ideal candidate will have a Bachelor's degree in a related field and at least 8 years of relevant experience, preferably gained within a top accounting or advisory firm. This role offers competitive compensation, medical coverage, and opportunities for career growth within an inclusive workplace culture.

Benefits

Competitive, performance-linked compensation

Medical coverage for you and your family

Comprehensive life insurance

Inclusive and diverse workplace culture

Career development and fast-track growth opportunities

Qualifications

• At least 8 years of internal audit experience, including exposure to Finance, Risk, and Treasury.
• Experience with a top accounting or advisory firm is a plus.

Responsibilities

• Conduct end-to-end audits of key functions including Finance and Risk.
• Lead and support thematic and regulatory audits, ensuring compliance.
• Develop clear audit reports and present findings to senior management.

Skills

Risk assessment

Strong understanding of banking regulations

Data interpretation

Drafting audit reports

Leading audit engagements

Education

Bachelor’s degree in accounting, finance, or similar

Job description

At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

About the role:

This role requires an experienced internal auditor with a solid background in banking and financial services, and hands-on expertise in finance, risk, or treasury. You will be reporting to Executive Vice President & Head of Internal Audit - Finance, Compliance & ERM.

What You’ll Be Doing:

• Conduct end-to-end audits of key functions including Finance, Risk, Treasury, and Compliance in accordance with the approved audit plan.
• Perform detailed reviews of processes, controls, and systems to identify risks, control gaps, and improvement opportunities.
• Lead or support thematic and regulatory audits, including ICAAP, stress testing, Pillar 3 disclosures, and AML/CFT frameworks.
• Develop clear, concise audit reports and present findings to senior management with practical recommendations.
• Follow up on outstanding audit issues to ensure timely resolution and implementation of agreed actions.
• Collaborate with risk and compliance teams to maintain awareness of regulatory developments and emerging risks.
• Ensure documentation standards and audit methodologies align with professional standards (IIA, ISO, etc.)

What We’re Looking For:

• Education - Bachelor’s degree in accounting, finance, or a similar field
• Minimum experience - At least 8 years of internal audit experience (part of it could be met by a work experience with a top accounting/ advisory firm)
• Industry exposure - Experience with at least 2 of the following areas: Finance, Risk and Treasury

What’s In It For You:

• Competitive, performance-linked compensation
• Medical coverage for you and your family
• Comprehensive life insurance
• Inclusive and diverse workplace culture
• Career development and fast-track growth opportunities

Skills

• Ability to assess and prioritize risks to plan and execute audits effectively across different business units.
• Strong understanding of banking regulations, including ICAAP, AML/CFT, and Central Bank requirements.
• Competence in reviewing financial processes, treasury functions, and operational controls.
• Skill in data interpretation, root cause analysis, and identifying control weaknesses or inefficiencies.
• Proficiency in drafting clear audit reports, presenting findings to senior management, and influencing action plans.
• Capable of leading audit engagements, coordinating with cross-functional teams, and managing timelines effectively.