Director of Internal Audit

Confidential; Dhahran Compound; On-site; SAR 550,000 - 850,000; Full time

Job summary

Confidential seeks an experienced Director of Internal Audit to lead the internal audit function for a leading financial services organization in Saudi Arabia.

You will drive risk-based audit planning, execution, and reporting in line with International Standards, with oversight of financial, credit, operational, regulatory, IT, and cybersecurity audits. Eligibility to obtain SAMA no-objection is required.

Qualifications

• 10+ years in banking/financial services with 8+ years in internal audit and 5+ years in leadership.
• Direct experience within Saudi banks or finance companies essential.
• Strong knowledge of SAMA regulations and internal auditing standards.
• Proven experience in Audit Committee reporting and regulatory engagement.
• Bachelor’s degree in Accounting, Finance, Auditing, or related.
• CIA, CPA, SOCPA, ACCA, or CISA certification required (CIA preferred).
• Experience in IPO readiness and CMA requirements is an advantage.
• Eligibility to obtain SAMA no-objection for appointment.

Responsibilities

• Lead the internal audit strategy, risk-based planning, execution, and reporting in accordance with international auditing standards.
• Oversee financial, credit, operational, regulatory, IT, and cybersecurity audits.
• Evaluate internal controls across the full financing cycle, including IFRS 9, and ECL.
• Strengthen corporate governance, risk management, and internal control frameworks.
• Report to the Audit Committee, manage regulatory examinations, and oversee remediation of audit findings.
• Lead and develop the internal audit team, ensuring independence, quality assurance, and continuous improvement.

Skills

Leadership

Regulatory compliance

Audit planning

Governance

Communication

Education

Bachelor's degree in Accounting/Finance/Auditing

Job description

We are seeking an experienced Director of Internal Audit to lead the internal audit function of a leading financial services organization in Saudi Arabia, ensuring effective governance, risk management, regulatory compliance, and internal controls.

Key Responsibilities:

• Lead the internal audit strategy, risk-based audit planning, execution, and reporting in accordance with international auditing standards.
• Oversee financial, credit, operational, regulatory, IT, and cybersecurity audits.
• Evaluate internal controls across the full financing cycle, including credit origination, collections, provisions, IFRS 9, and Expected Credit Losses (ECL).
• Strengthen corporate governance, risk management, and internal control frameworks.
• Report to the Audit Committee, manage regulatory examinations, and oversee remediation of audit findings.
• Lead and develop the internal audit team, ensuring independence, quality assurance, and continuous improvement.

Requirements:

• 10+ years of experience in banking or financial services, including 8+ years in internal audit and 5+ years in leadership.
• Direct experience within Saudi banks or finance companies is essential.
• Strong knowledge of Saudi Central Bank (SAMA) regulations, governance frameworks, and internal auditing standards.
• Proven experience in Audit Committee reporting, financial and credit audits, and regulatory engagement.
• Bachelor's degree in Accounting, Finance, Auditing, or a related discipline.
• CIA, CPA, SOCPA, ACCA, or CISA certification required (CIA preferred).
• Experience in IPO readiness, listed-company governance, and CMA requirements is an advantage.
• Eligibility to obtain SAMA no-objection for appointment.

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