Manager – Corporate Credit %26 Risk Audit

Job Description

Job Purpose
To conduct audits independently and supervise (when required), audits/investigations related to the Bank&rsquos credit functions (Corporate and International Banking Groups) credit functions in accordance with the Internal Audit plan, programs and procedures in order to assess the credit risk, effectiveness of internal controls in such functions, efficiency of the credit process and compliance to CBK regulations, credit policy and related credit procedures.
Job Accountabilities
Business Audit Plan & Program:

• Conduct and lead credit audits as per audit plan and work closely in alignment with the audit program.
• Develop extensive audit checklist for the bank wide credit audits and review of credit related products/areas/functions.

Departmental Credit Audits:

• Review business process, associated risks, assess existing controls and prepare a business process matrix
• Review data obtained for evidence of deficiencies in controls, duplication of effort, fraud, or lack of compliance with laws, government regulations, board policies and management procedures and highlight relevant issues.
• Prepare working papers to ensure that findings reported are adequately supported by evidence, which is verified
• Ensure detailed examination of credit portfolios, customer credit files and perform a complete review of the credit related transactions.
• Prepare and review reports of findings and recommendations for credit audits and discuss draft findings with the auditee.

Investigations:

• Conduct and supervise investigations (as may be required) required to detected fraud and to suggest controls for fraud prevention which are credit related.
• Finalize investigation reports with adequate analysis and evidences.

Follow-up with Departments:

• Ensure close follow-up on all issues raised during credit audits

Audit Committee Meeting:

• Assist in preparing periodic presentations for credit areas audited for audit committee

Monitoring & Guiding Subordinates / trainees:

• Overview, guide and train new staff/subordinates and trainees on the audit program and provide advice and suggestions as and when required
• Conduct performance appraisals and provide coaching and mentorship to staff as may be required

Corporate Governance:

• Follow all relevant operational procedures and instructions so that work is carried out in a controlled and consistent manner
• Conform to policies and procedures and code of conduct to minimize the errors and frauds
• Comply to Basel framework for all banking operations
• Comply to Anti – Money laundering policies of the bank

Client Contact:

• Ensure to have regular meeting with related audit clients and play role in awareness and exchange of ideas, lessons learned, through regular meetings and trainings.
• Play a role in enhancing and awareness in the Bank.

Innovation:

• Ensure high level of contribution in the audit process enhancement and optimization.

Policies & Procedures:

• Recommend improvements to IA Group policy/procedures and direct the implementation of procedures

Education & Qualification:
Degree/Diploma Obtained Program of Study
CA / CPA and with CIA
Knowledge:
In-depth understanding of the credit functions, credit risks and internal controls. Sound knowledge of Basel guidelines IFRS, financial and audit standards.
Experience:
7 – 10 years of similar experience, preferably in Banks or other financial institutions

Job Details

Employment Types:

Full time

Industry:

Banking / Accounting / Financial Services

Function:

Finance & Accounts

Roles:

Internal Auditor

للتقدم على الوظيفة اضغط هنا