Internal Auditor - Wholesale Banking/ Business Banking - UAEN

National Bank of Ras Al-Khaimah PJSC; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

RAKBANK is seeking an Internal Auditor in Wholesale and Business Banking to support risk-based audits and contribute to the Annual Audit Plan. The ideal candidate will have at least 5 years of audit experience in the banking sector and a degree in risk management, accounting, or finance. This role offers opportunity for growth in an inclusive workplace and a competitive compensation package.

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

• Minimum 5 years in external or internal auditing within financial institutions.
• Experience across retail, SME, corporate banking, and risk management.
• Strong understanding of regulatory standards.

Responsibilities

• Plan and execute audits leveraging data analytics.
• Conduct gap analysis and identify control weaknesses.
• Draft and present audit findings with actionable recommendations.

Skills

Risk Management

Data Analytics

Audit Methodology

Stakeholder Engagement

Education

Bachelor's degree in risk management, accounting, finance

Job description

AtRAKBANK, 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:

We are seeking an Internal Auditor – Wholesale and Business Banking to lead and support audits across business units, departments, and functions. The role contributes to the successful delivery of the Annual Audit Plan through active participation in risk-based audits, ongoing business monitoring, and risk assessments of assigned areas. This position reports to the Senior Vice President & Head of Internal Audit – Wholesale & Business Banking and is part of a dynamic team of four professionals.

What You’ll Be Doing:

• Support annual audit planning by conducting risk assessments to identify high-risk business areas for inclusion in the audit plan.
• Plan and execute audits across business and risk domains, leveraging data analytics and preparing audit documents such as Planning Memos, TORs, and risk matrices.
• Conduct walkthroughs and gap analysis, identifying process inefficiencies, control design weaknesses, and deviations from policy or regulatory standards.
• Perform end-to-end audit fieldwork, documenting findings in accordance with internal methodology and IIA standards within defined timelines.
• Draft and present audit findings, including root cause analysis and actionable recommendations for management review.
• Review audit workpapers submitted by team members to ensure scope completeness, documentation quality, and alignment with the audit objectives.
• Engage stakeholders to monitor business changes, provide risk insights, and shape audit scopes aligned with emerging priorities.
• Follow up on open audit issues, ensuring closure within agreed timelines and supporting remediation efforts for internal and regulatory findings.
• Collaborate with cross-functional units to validate system alerts, participate in process enhancements, and contribute to business process improvement initiatives.
• Continuously develop industry and risk knowledge, staying informed of emerging threats and adopting risk-based audit strategies to safeguard the organization.

What We’re Looking For:

• Education - Bachelor’s degree in risk management, accounting, finance with an audit or business focus
• Minimum experience - At least 5 years of external or internal audit experience in financial institutions covering a breadth of areas such as retail, SME, commercial, corporate banking, treasury, risk management, finance or compliance.
• Industry exposure - Banking/ financial services experience

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