AVP & Audit Manager Transformation & Portfolio Management

1 نوفمبر، 2022

0 0 4 دقائق

Job Description

Job Description
JOB PURPOSE:
In the role of AVP/Audit Manager or as part of an audit team, perform risk-based technology audits of the Departments/Units/Branches/Technology Projects across the Group, ensuring that governance, risk management and controls are in place to mitigate the inherent risks of the business and technology operations. Develop and position self as a subject matter expert. Train and develop the skills and knowledge of team member within the Audit teams, communicating the Bank's shared culture and values. Working independently with minimal supervision, utilize available GIA tools for completion of audits and assurance of best practice setting priorities, ensuring quality and delivering to targets. Conduct special investigations, reviews, additional tasks as and when required by VP/SVP/GCAO.
KEY ACCOUNTABILITIES:
This section shall not be customised to reflect accountabilities which may be unique to one role. Please use Section 5 to capture any accountabilities specific to the role which are over and above those mentioned in this section.
Strategic Contribution
Assisting in the audit of FAB Group's Technology functions and related activities in the UAE and across the international network (functional). Furthermore, Group Subsidiaries under Group Technology will be covered.
Ensure that Technology related audits are conducted in accordance with the objectives laid down in the Annual Plan and ensure that the work program is completed in an efficient and effective manner on or ahead of schedule. Inform Head of Audit of any potential delays and/or changes to the Annual Plan.
People Management
In undertaking audits:
Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in an efficient manner which is consistent with operating procedures and policy.
Promote the organisation's values and ethics in all activities within the team to support the establishment of a value driven culture within the bank.
Budgeting and Financial Performance
Monitor the financial performance of given areas of activities versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management.
Policies, Systems, Processes & Procedures
Execute to established GIA Policies, Guidance Notes, Procedures and Practice Notes in undertaking all tasks. Provide input to the development of GIA practices as per industry standards and regulatory expectations.
Review all the activities of the Units within Technology portfolios in all the jurisdictions in which they operates to define and maintain the Audit Universe. Coordinate with other teams to ensure efficient and effective coverage
Prepare and maintain a Risk Assessment of each of the Process Streams within the Technology and applicable subsidiaries (e.g. international entity) as identified in the Audit Universe. In this respect, work with the businesses to promote periodic self-assessment of risks and controls. Establish/update and maintain Audit programs in the central audit management tool
Establish/update and maintain Audit programs in the central audit management tool.
Conduct audits of the Processes within the Technology Portfolio and assess if:
o Divisional/Unit Line management have identified and classified the risks in their activities.
o Governance, risk management and control procedures are adequate, effective and efficient to reduce risks of errors, omissions and loss to acceptable levels at an acceptable cost.
o Improvements/enhancements to the governance, risk management and internal control structure are required.
o Data and transaction processing meets the required standards of reliability, integrity and availability.
o The Division's/Unit's assets are being safeguarded.
o The use of resources is efficient and effective.
o Draft audit worksheets/ audit report submitted by auditors are properly reviewed and finalized.
o Audit Worksheets/Audit report is discussed and finalized with GIA management/client within 3 weeks of completion of fieldwork. Negotiate with Unit management to agree a documented Management Action Plan to resolve the issues raised.
Continuous Improvement
Lead the identification of change through continuous improvement of processes and practices considering global standards and changes in the business environment which demand proactive action plans.
Relationship Management
Develop and maintain effective business relationships with all relevant external/internal entities and stakeholders with the highest standards of business ethics, whilst promptly attending to all critical issues in-order to ensure the services required by the organisation are delivered in the most effective manner.
Act as the Audit Business Partner for Line Managers within Technology teams and actively manage the relationship through regular meetings with Line Managers to promote this concept and identify emerging risks. Such meetings should also be used to discuss any material gaps between audit assessment or risks and controls and the businesses self-assessment.
Ongoing consultancy/advice is provided to Unit management from a governance, risk management and control perspective for improvements in their processes to ensure effective and efficient controls, on the basis of market best practices.
On an ongoing basis, ensure pending audit issues are followed up with Unit management and that all corrective actions are fully and properly implemented.
Conduct any investigations/special reviews assigned by Head of Audit/GCAO.
Reporting
Ensure that all functional reports are prepared timely and accurately and meet Group requirements, policies and quality standards.
Job Context
Specific Accountability
Maintain up to date knowledge and understanding of key regulatory developments and banking practices, including but not limited to Technology, across different jurisdictions relevant to FAB Group drive necessary changes in Audit plan & working programs to take into consideration regulatory changes.
As a team, act as a trusted advisor to the business & Technology Group in the areas of Technology, General IT Controls, Technology Outsourcing, Cyber Security and Technology Regulatory Compliance.
FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:
Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
Qualifications
QUALIFICATIONS & EXPERIENCE:
Minimum Qualification
. Bachelor's degree.
. Relevant post-graduate qualification and/or relevant professional qualification and/ or certification desirable.
Minimum Experience
. 3-5 years relevant experience with an International Bank, Big 4 or Internal Audit preferred (but not mandatory). Exceptions may be made for high potential candidates.
. Good knowledge of Technology activities, Processes, IT Project Reviews & associated risks

Good knowledge of bank and audit policies and procedures, as well as Central bank regulations

. Strong leadership capability and team-oriented with highly developed problem-solving skills.
. Self-directed, able to manage multiple tasks and ability to work under pressure.
. Excellent analytical skills.
. Excellent verbal and written communication skills.