Senior Internal Auditor

Islamic Development Bank; Jeddah; On-site; SAR 300,000 - 420,000; Full time

Job summary

The Islamic Development Bank in Jeddah seeks an experienced Internal Audit professional to execute operations audit plans and validate adherence to policies, procedures, and legal agreements. You will review controls, assess risk, and contribute to enhanced governance across IsDB units.

Responsibilities include preparing audit reports, coordinating with IT audit, and investigating potential fraud. Strong English skills are required; Arabic preferred.

Qualifications

• Master's degree in any relevant discipline or bachelor’s degree with recognized professional qualifications equivalent to a master’s degree.
• Professional qualifications such as CA, ACCA, ACMA, CPA, or CIA.

Responsibilities

• Execute Operations audit plans and ensure compliance with policies, procedures, and legal agreements.
• Plan and develop yearly Operations Audit activities with the audit team.
• Review processes and internal controls for adequacy and effectiveness.
• Assess procurement, disbursement, supervision, and other activities in regional hubs.
• Prepare concise audit reports for senior management and the Audit Committee.
• Collaborate with IT Audit using data analytics and automated systems.
• Investigate suspected internal fraud and assist in special assignments or investigations mandated by management.

Skills

Audit operations

Audit methodologies

Corporate governance

Internal control & compliance

Information systems audit

Data analytics

Teamwork

Analytical thinking

Education

Master's degree in relevant discipline

Bachelor's degree with professional qualifications (CA/ACCA/ACMA/CPA/CIA)

Tools

Power BI

CAATs / Data analytics tools

Job description

OVERVIEW

Business Unit President Complex Department Internal Audit Department Division Section Operations Audit Country Saudi Arabia Location Jeddah HQ Job Grade E3 Contract Type Fixed Term Closing Date 20-Oct-2026

JOB PURPOSE

The role is responsible for executing IsDB s Operations audit plans to ascertain that operational results are consistent with the Management s relevant plans and in compliance with relevant policies procedures and legal agreements Moreover the role identifies potential risks and existing control tools or proposes new ones to prevent or mitigate the risk impact on the business results

KEY ACCOUNTABILITIES

Delivering Operations Audit Activities Participate in the preparation of the yearly Operations Audit plan and collaborate with the audit team to plan and develop operations related audit activities Participate or lead the execution of the audit plan review management processes and internal controls to assess their adequacy effectiveness for ensuring compliance with relevant policies internal controls procedures standards best practices and applicable Management plans decisions covering IsDB operations project s cycle disbursement including programming preparation appraisal supervision and impact evaluation in order to ascertain whether controls operate effectively to ensure accountability for decision-making and implementation of decisions Examine and evaluate processes and internal controls in IsDB s Operations units in the headquarters to ascertain whether operational results are consistent with the Management s relevant plans and check compliance with relevant policies procedures and legal agreements Review and assesses the operational activities effectiveness in Regional Hubs in areas such as procurement disbursement supervision and other activities assigned to the Sub-Regions Determine whether appropriate risk management processes are in place adequate and effective and recommend improvements Provide recommendations to IsDB Management based on the findings of internal audits and discusses impact of risk related areas Ensure the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the relevant functions and senior management Liaise with IT Audit unit to collaboratively audit the auditee functions using data analytics IT automated systems and controls Develop and maintain effective and professional working relationships with all levels of staff within the organization including Senior Management and Audit Committee of the Board Conduct investigations of suspected internal fraud where necessary Assist in any special audit assignments or investigations mandated by the management

Operational Excellence

Ensure effective implementation and adherence to policies procedures and controls so that all relevant procedural professional requirements are fulfilled Keep abreast of the latest developments regulations and leading practices in the field and propose any necessary actions Propose and implement process improvements to increase efficiency effectiveness and compliance of the related business processes

ACADEMIC AND PROFESSIONAL QUALIFICATIONS

Master s degree in any relevant discipline OR bachelor s degree with recognized professional qualifications explicitly benchmarked as equivalent to a master s degree, is mandatory. Professional qualifications such as CA, ACCA, ACMA, CPA, or CIA. Minimum 8 years of experience of internal audit, in multilateral financial institutions, large organizations or audit firms. Languages: English: Mandatory | Arabic: Preferred | French: Preferred

SKILLS & NECESSARY KNOWLEDGE

Audit operations. Audit methodologies and processes. Corporate Governance. Internal Control and Compliance. Information Systems Audit. Fraud and corruption detection and investigation. Teamwork. Building Relationships. Client Centricity and Responsiveness. Motivation to Learn and Share. Adaptability. Analytical thinking. Problem solving. Attention to detail. Computer Assisted Audit Tools and Techniques (including Artificial Intelligence, Data Analytics, Process mining tools, Power-BI).