Job Summary

To provide development of the Group Infrastructure Operations and Retail Banking Divisions in Audit. Identification of the auditable entities for inclusion in the annual domestic audit plan. Responsible for ensuring timely completion of the approved annual audit plan and conduct of individual audit assignments in line with applicable best practices, including the Standards for the Professional Practice of Internal Auditing (SPPIA) and applicable Basel Committee recommendations and guidelines. Render internal audit advisory services to the individual departments comprising Group Operations and Retail Banking Divisions.

Responsbilities

• Add value to the functions comprising Group Infrastructure Operations and Retail Banking Divisions 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.

• Identify potential cost saving opportunities by highlighting process inefficiencies.

• Provide input to annual audit plan (encompassing retail credit risk) to the Principal Specialist Operations & Retail Audit based on the impact of the risks on the goals, objectives and strategy of the Group with respect to Operations and Retail Banking and the other areas assigned to the Operations & Retail Audit team as part of their secondary responsibilities.        

•  Ensure adequate coverage of the operations and retail banking activities/ functions (and the other functions/ activities assigned as mentioned above) in the annual audit plan to provide assurance to the relevant auditee management, executive management, Group Audit & 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 management on queries/ reports/ other correspondence received by the GCAE from the external auditors, Qatar Central Bank (QCB) and other external regulators to enable the latter to respond to the same in a timely and efficient manner, which pertain to the incumbent’s area of responsibility

• Regular oversight of the team’s review of the relevant retail banking portfolio and the adequacy of the risk management processes in place to determine the quality of the credit exposures.

• Ensure that the audit planning, fieldwork and reporting stages are conducted in consonance with the procedures/ guidelines contained in the internal audit manual, including but not limited to communications to relevant auditee management on audit commencement, presentation of draft reports to auditee management and obtaining their responses and holding of closing meetings.

• Conduct special audits and investigations of problem areas or for certain specific reasons, as and when.

• Perform first level review of all internal audit and other special assignment/ investigation reports and subsequent submission of the same to the Principal Specialist Operations & Retail Audit.

• Monitor post-audit follow-up of audit reports and to ensure compliance with recommendations, if required.

• Recommend temporary staff allocations for audits of Operations to the Principal Specialist Operations & Retail Audit.

• Submit performance appraisals on timely basis as per the laid down policy in this regard to the Principal Specialist Operations & Retail Audit.

• Act as a back-up for the Principal Specialist Operations & Retail Audit when the referenced person is on leave.

• Responsible for imparting training/ guidance to trainees who join the Group Internal Audit.