Role Summary

To manage the internal audit function for Trading and report to the Risk & Compliance Committee and QNB Group Internal Audit. You will be overall responsible for ensuring timely completion/ execution of the approved annual audit plan and conduct of individual audit assignments in line with applicable best practices, including but not limited to the Standards for the Professional Practice of Internal Auditing (SPPIA). 

Role Description

Responsibilities to include:

Add value to the functions being audited by identifying instances/ risks that entail probable financial loss or regulatory non-compliance that could result in monetary penalties/ reputation damage through the audit process.

Provide reasonable assurance to: senior management, shareholders, and audit committee in relation with business activities, risk assessment and controls by issuance of timely audit reports.

Ensure adequate coverage of the operations, support and control functions in the annual audit plan to provide assurance to the relevant auditee management, executive management, Audit, Risk & Compliance Committee and the Board on the adequacy and effectiveness of the internal controls in place within the respective units/ areas and add value to improve the functioning of the various activities performed by the respective departments/ units, as and where applicable.

Provide timely feedback/ information to the Audit, Risk & Compliance Committee on queries/ reports/ other correspondence received from the external auditors, Qatar Central Bank (QCB), Qatar Financial Markets Authority (QFMA), Qatar Exchange (QE) and other external regulators to enable Company to respond to the same in a timely and efficient manner, which pertain to the incumbent’s area of responsibility.

Manage the relationship with the senior executive management and the various other related divisional/ departmental heads to obtain their inputs/ concerns on the various functions/ areas within the concerned divisions/ departments including significant developments therein, which could have an impact on the annual audit plan.

Prepare an annual audit plan (encompassing operational risks) for submission to the Audit, Risk & Compliance Committee for review, based on the risk assessment conducted for the incumbent’s area of responsibility.

Qualifications

The successful candidate will hold a Bachelor degree in finance, economics, accounting, banking or other related subjects.

Professional qualifications such as CIA/ CMA/ CPA/ CA/ ACCA are advantageous

Minimum of 5 years experience in a major brokerage or leading audit firm