Role Summary

Responsible for the oversight and monitoring of QNB international subsidiaries’ local internal audit functions and contribute to building effective internal audit capabilities within these international subsidiaries.

Role Description

Job Responsibilities

• Review and provide input to ensure a proper and timely preparation of the audit universe, risk assessments and audit plans of QNB international subsidiaries’ local internal audit Functions.
• Review and contribute in developing a risk assessment methodology for the local internal audit function in international subsidiaries.
• Determine whether the coverage of QNB international subsidiaries’ local internal audit activities is sufficient and effective to provide assurance on the adequacy and effectiveness of the internal controls in place.
• Ensure that effective quality assurance (QA) processes are in place to maintain the consistency and quality of local internal audits.
• Manage the relationships with the local internal audit function’s management and gain their inputs on significant developments that could have an impact on their annual audit plans.
• Develop tools to support an effective oversight and monitoring of QNB international subsidiaries’ local internal audit functions.
• Ensure that effective communication and coordination is maintained by the local internal audit functions with local regulators and external auditors.
• Monitor information on status of significant issues raised by local internal audit, external auditor and regulator and ensure that adequate follow-up process is in place.
• Participate in the high-level review of international subsidiaries as per the Group Internal Audit Division “GIAD” policy.
• Review of the international subsidiaries’ Audit Committee packs, in order to prepare a summary of key significant issues for further escalations.
• Participate and provide advisory services with respect of any major new international subsidiary integration project.

Framework and Supervisory Responsibilities

• Framework environment includes: Group’s strategic plan, Budgetary/ scorecard targets, Internal Audit Charter/ manual, Directives of the Group Audit & Compliance Committee and GCAE, as well as instructions of the Chief Internal Auditor – International and the Principal Specialist – International Support & Oversight for Global Audit Activity.
• Supervisory Responsibilities: Direct management of the Assistant Audit Manager Support & Oversight for international subsidiaries. 

 

Qualifications

Education / Experience Requirements:

• Bachelor degree preferably in finance, economics, accounting, banking, management or related fields.
• Professional certification or designation such as CIA, CPA, CA, ACCA, CBA or equivalent is required.
• Minimum of 8 years’ experience in banking audit function (covering international & subsidiaries business) out of which 3 years in a managerial role with a major bank.
• Excellent oral and written communication skills in English. Arabic speakers are highly desirable.