Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.

We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.



A manager and people leader with a deep understanding of FAB\'s business across the global network to develop and enhance Group Internal Audit (GIA)\'s Governance. The role is accountable for:

• Implementation, maintenance and enhancement of the functional governance framework and structure that would allow GIA to discharge its responsibilities, and to deliver the Audit Plan in an efficient and effective manner.
• Development and enhancement (including periodic review) of GIA Charter; Methodology; Process; Policy & Procedures; as well as Practice & Guidance Notes.
• Implementation and enhancement of GIA\'s Quality Assurance & Improvement Program (QAIP) in line with Professional Standards and Regulatory Requirements.
• Organizing periodic training and update to the department on audit policies, procedures; and guidance; including the department\'s efficient utilization of the audit tool (TeamMate).
• GIA performance monitoring and reporting (internal/external); and
• Day to day departmental administration tasks, and/or special projects & investigations as directed by Group Chief Audit Officer (GCAO) and Head of Audit - GIA Governance.

KEY ACCOUNTABILITIES:

Strategy Development and Implementation * Direct responsibility to manage the development and operations of GIA based on the strategic initiatives approved by the Audit Committee;

• Directly accountable for ensuring that GIA conforms to approved policies & procedures and that audits are carried out in an effective manner;
• Directly accountable for the implementation of QAIP and undertaking QA review per the program;
• Directly accountable for ensuring that GIA performance monitoring and related reporting (internal/external) is meaningful, accurate and timely;
• Directly responsible for day to day engagement with relevant counterparties within the Group (including Human Resources Function) and externally (including ADAA, CBUAE); and
• As a member of the GIA Extended Leadership Team, improve the overall function in line with GIA\'s approved strategies and objectives

• Leadership

In undertaking his/her responsibilities: * Manage the effective achievement of functional objectives through effective leadership and by setting of individual objectives, managing performance, developing and motivating team to maximise performance.

• Lead the talent development initiatives for the assigned team, collaborating with discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organisational values and ethics by employees of the assigned team to ensure the establishment of a value driven culture within the Group/GIA.
• Supervision, training and guidance is provided to relevant Audit staff.
• Feedback is provided on the performance of the audit staff under supervision.
• All interactions with the team and Unit staff are conducted in a professional and objective manner.

Budgeting and Financial Performance * Recommend and oversee the preparation of GIA\'s functional budget and monitor financial performance versus the budget so that the function is aware of anticipated costs, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are capitalized upon.

• Audit Methodology, Processes, Policy & Procedures

• Regularly provide input to the development of GIA methodology and practices as per industry standards and regulatory expectations. Benchmark the GIA Audit Methodology, Process, Policy and Procedures versus best practice and professional standards. Prepare regular reports for the GCAO and GIA Leadership Team with recommendations that keeps the methodology as best in class.
• Assist in defining and maintenance of the Audit Universe. Coordinate with teams to ensure efficient and effective coverage.
• Assist and coordinate with teams preparing and maintaining a Risk Assessment of all auditable entities in the Audit Universe. In this respect, coordinate with teams to work with the businesses to promote periodic self-assessment of risks and controls.
• Assist and coordinate with teams to establish, update and maintain all business-related activities\' Audit programs in the central audit management tool.
• Drive the full deployment and utilization of the audit software tool (TeamMate)

Quality Assurance & Improvement Program (QAIP) * Develop and enhance the Internal Audit Quality Assurance & Improvement methodology based on professional standards and review annually (or as required).

• Drive the QAI Plan and work with the teams to conduct QA Reviews.
• Continuously monitor and report to the GCAO and the function Audit team compliance with approved Audit Methodology. Make recommendations on Policy and Process improvements required and work with team to ensure implementation.

Business Planning and Administration * Assist GIA staff in administrative matters.

• Coordinate with Group Finance in the Business Finance role as defined in the Financial Control Framework.
• Coordinate with HRG for all manpower related matters including organizational structures and recruitment.

Development of Continuing Professional Education Program * Source and provide guidance on relevant training to develop the staff in GIA (formal and through self-study).

• Coordinate with Human Resource Department on relevant course curriculum, internal and external course providers.
• Benchmark to industry standards and latest developments.

Special Projects and Investigations * As directed the Audit Committee, GCAO and GIA Leadership Team, manage special assignments or projects involving analysis of specific incidents or portfolios, including management/staff interviews. Provide written reports for the Audit Committee and Leadership Team with description of relevant facts and conclusions.

Analysis * Continuously analyze Audit reports and findings against various management reports and governance committee outputs to identify trends and issues. Prepare detailed reports for the Audit Committee, GCAO and GIA Leadership Team that contain high quality analysis of emerging issues and recommended GIA response.

• Develop and track Audit MIS for the Audit Extended Management Team (EMT) to ensure the function continues to operate at a high standard.

• 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 organization are delivered in the most effective manner.
• Work with GIA teams to provide on-going consultancy and advice 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 on-going basis, coordinate with GIA teams to ensure pending audit issues are followed up with management and that all corrective actions are fully and properly implemented and tracked in the Audit tool (Team Central).

Other * Act as secretary to GIA senior management and extended management meetings as requested.

• Support Head of Governance in his role as secretary for the Board Audit Committee. Liaise with GCRO, General Counsel, GCCO, GCFO, External Auditor and other Senior Management offices on Audit Committee action points.
• Ensure that all GIA governance, board and functional reporting are prepared timely and accurately and meet Group requirements, policies and quality standards.
• Work with GCAO and GIA Leadership Team on preparation of the Audit Committee pack and Town Hall presentations.
• Track the GIA Balance Scorecard and update on a quarterly basis in liaison with Head of Governance and GIA EMT.
• Represent the GCAO at selected forums, meetings to summarize key issues and implications for Audit.
• Act as BCM coordinator in relation to GIA\'s BCP

Specific Accountability * Maintain up to date knowledge and understanding of best practices in Audit Governance, including key regulatory developments, across different jurisdictions relevant to FAB Group; drive necessary changes, development and improvement in Audit methodology and practice to take into consideration of changes in the global professional standards as well as regulatory expectation.

• Review and analyze the Audit Methodology and operations in search for greater efficiency, impact and being in line with Industry best practices.
• PowerPoint, Excel excellent proficiency.

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Qualifications

Minimum Qualification

• Bachelor\'s degree.
• Relevant post-graduate qualification and/or relevant professional qualification and/ or certification desirable.

Minimum Experience

• 8+ years\' relevant experience. Internal Audit experience preferred. At least 4 years in similar positions of progressively increasing managerial responsibilities in a mature Internal Audit function.
• Expert knowledge of Audit Governance, Methodologies, Quality Assurance, and related activities, processes and associated risks controls.

First Abu Dhabi Bank