Internal Auditor

Flow Talent; United Arab Emirates; On-site; AED 160,000 - 240,000; Full time

Job summary

A leading bank partnered with Flow Talent is seeking an internal auditor for their Umm Al Quwain office. The successful candidate will perform risk-based audits, ensure compliance with regulations, and contribute to developing internal control frameworks. Ideal applicants will have extensive experience in banking in the UAE and a strong educational background related to finance.

Qualifications

• Minimum 5 years of experience managing BASEL reporting.
• Experience within the banking industry in the UAE.
• Knowledge of IFRS-9 is an added advantage.

Responsibilities

• Perform risk-based internal audits of the bank's operations.
• Develop action plans for identified issues and ensure remediation measures.
• Conduct stress tests and validate data analytics tasks.

Skills

Communication

Analytical skills

Education

Bachelor's degree

MBA in Finance/Economics/Business Administration

Job description

Kinetic has partnered with a leading bank who are hiring an internal auditor to be based in Umm Al Quwain.

Please note that you must meet all the criteria set out below for your application to be considered. Suitable candidates will be contacted within 5 working days. If you are not contacted by us within that time, please consider your application unsuccessful on this occasion.

The main responsibilities will include but not be limited to:

• Perform risk-based internal audits of the bank's operations, processes, and activities to assess the adequacy of internal controls and compliance with policies, procedures, and regulatory requirements.
• Collaborate with business units to develop action plans to address identified issues and ensure appropriate remediation measures are implemented.
• Participate in the development and maintenance of risk assessment frameworks, internal control frameworks, and audit policies and procedures.
• Conduct stress tests for various macroeconomic factors and assess the impact on portfolio quality.
• Development, validation, research, and other data analytics tasks.
• Stay updated with relevant regulatory requirements, industry best practices, and emerging trends in internal auditing to enhance audit methodologies and practices.

To be successful you will need to meet the following:

• Bachelor's degree. An MBA in Finance/Economics/Business Administration is a plus.
• Minimum 5 years of experience managing BASEL reporting.
• Must have experience within the banking industry in the UAE.
• Knowledge of regulatory requirements and reporting standards. IFRS-9 is an added advantage.
• Excellent communication and analytical skills.
• Applicants should be available for face-to-face interviews in the location mentioned above.