VP, QA Development and Analysis for Global Audit (Qatarization)

Qatar National Bank; Doha; On-site; QAR 400,000 - 600,000; Full time

Job description

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Job Responsibilities

The incumbent will contribute to the building of effective internal audit capabilities in the QNB Group Activities. He will be responsible for ensuring the quality and consistency of the bank's internal audit activities. This includes:

1. Developing and implementing quality assurance policies and procedures.
2. Conducting regular evaluations of the internal audit function to ensure compliance with industry standards and best practices.
3. Developing and periodically producing required management reports and data analysis to support and monitor the Group Internal Audit activities.
4. Preparing relevant presentations/training materials to develop the internal audit capabilities across QNB international entities.
5. Performing QA reviews for both Domestic and International activities.
6. Ensuring effective QA processes are implemented by the local internal audit functions in international subsidiaries.
7. Collaborating with other internal audit functions, such as risk management and compliance.
8. Reviewing and evaluating the work of internal audit staff.
9. Communicating with senior management and the board of directors on the status of quality assurance in the internal audit function.
10. Managing and developing a team of quality assurance professionals.
11. Keeping abreast of industry trends, regulations and best practices in internal audit and quality assurance.
12. Identifying and assessing risks associated with the internal audit function.
13. Gathering data and producing required management/KPIs reports and dashboards.
14. Preparing training materials/presentations on emerging issues and audit best practices.
15. Providing input during the review of Group’s external auditor’s Management letter.
16. Supporting the EVP - Internal Audit International in major new subsidiary integration/branch establishment projects.
17. Submitting performance appraisals on a timely basis.
18. Providing guidance and support to internal audit staff on quality assurance matters.
19. Contributing in imparting training/guidance to the relevant trainees and staff.

Minimum Requirements

Bachelor degree in accounting, finance or related field; Master's degree is a plus.

Minimum of 12 years’ experience in banking audit function, with at least 8 years in a similar role.

Proven track record of developing and implementing quality assurance policies and procedures in an internal audit function in a major bank or Big4.

Experience in managing a team of quality assurance professionals.

Excellent oral and written communication skills in English and Arabic (preferable).

Adequate legal and documentation background.

Proficiency in corporate governance, risk concepts, international banking operations/practices, and pertinent regulatory requirements.

Knowledge of Basel Committee best practices pertaining to the area of responsibility.

Well-developed analytical and interpersonal skills.