
Bank ABC
Auditor β Treasury & Financial Markets
- Permanent
- Manama, Bahrain
- Experience 2 - 5 yrs
Job overview
Date posted
17/04/2025
Location
Manama, Bahrain
Compensation
Salary only
Experience
2 - 5 yrs
Seniority
Experienced
Qualification
Bachelors degree
Expiration date
01/06/2025
Job description
Bank ABC seeks to recruit an Auditor β Treasury & Financial Markets in the Group Audit Department based in the Head Office in Bahrain. The Auditor will support Group Audit in providing an opinion to Senior Management and the Audit Committee on the adequacy and effectiveness of internal controls. This includes delivery of audit assignments as per the annual plan and scope or ad-hoc requests, providing ongoing risk assessment and input to the audit plan, managing relationships within the organization, and applying audit tools and methodology.
Required skills
Key responsibilities
- Provide support towards the Audit Universe for Treasury & Financial Markets, Finance and Risk Management reviewed annually and updated to reflect changes in the organization.
- Ensure a risk-based definition of the audit cycle and prioritization for the Audit Universe for any assigned risk assessments.
- Conduct the planning of the scope of individual assignments.
- Deliver the assignment in terms of skill-set and numbers.
- Ensure the completion of own and others work.
- Ensure work is captured within B-wise and the audit files are completed before issuing audit reports.
- Ensure no failed tests on audit files as part of the Quality Assurance programme of Group Audit by the Head of QA & IP.
- Produce and discuss issue sheets on findings, agree action plans and dates for implementation.
- Perform audits within the scope of area of expertise.
- Perform audits in a wide range of fields, not limited to area of expertise, such as Compliance and Risk.
- Conduct Ad hoc reviews and assignments as requested by the Group Chief Auditor, Senior Management or Audit Committee.
- Maintain awareness of the overseas unit (businesses, customers, products, etc.)
- Conduct regular meetings/conversations with Head of Audits.
- Review draft Term of Reference, Issue Sheets for all local audits.
- Provide guidance on updates to Group Audit Methodology.
- Support the relationship with the local external auditors or regulators as and when required.
- Conduct regular relationship management meetings with delegated Business Unit Management.
- Maintain awareness of levels of business activity and new products/business developments.
- Use the information acquired to inform decisions on individual Audit Assignments and the Annual Plan.
- Remain aware of ongoing and emerging risks within ABC Group.
- Maintain awareness of developments in the Internal Audit profession.
- Develop proposals for discussion with Group Chief Auditor and other Head of Audits.
Experience & skills
- Subject matter expert on the Corporate Treasury and Financial Markets, Market Risk Management, Operational Risk Management, Regulatory Risk Management, Finance and Balance Sheet Management framework processes.
- Strong understanding of corporate governance and accounting.
- Excellent spoken and written English and Arabic language skills.
- Risk based auditing techniques.
- Understanding of banking products and services.
- Understanding of risks and controls related to Treasury, Finance and Balance Sheet Management.
- Regulatory environment under which banks are operating.
- University Degree and Professional Qualification in accounting, banking, finance, audit or risk management.
- Minimum 4 years internal or external audit experience.
- Proven experience in the identification of risks and controls related to Finance.
- Familiarity with and exposure to different audit methodologies and with workflow-based audit software, such as B-Wise.
- Development and delivery of presentations to senior individuals.
- Excellent organizational skills and ability to work proactively with minimal supervision.
- Ability to speak confidently to senior stakeholders.
- Excellent attention to detail and analytical skills.
- Sound judgment and decision making skills.
- Ability to work with individuals from diverse backgrounds.
- Ability to manage conflict and work under pressure.
- Strong time management and results orientation.
- Strong interpersonal skills to ensure effective interactions with all levels in the business.
- Flexible and positive approach to work, βcan doβ attitude.