Job Description

Job Title Vice President

Description

Leading Banking organisation seeks Vice President to undertake a new position within the firms Audit division. Reporting directly to the Head of Audit, you will effectively lead and manage the Internal Audit Function, ensuring full value add to the business
You will inherit a team of up to 9 direct reports and will have full accountability for:
Recommending revisions to the Bank's auditing policies and risk management procedures
Updating the Internal Audit Charter and protocols to reflect any changes to the audit approach due to bank strategy or external professional developments
Preparing a comprehensive Risk Based Audit Plan, annually, covering all the functions and activities of the Bank, prioritizing the audit assignments based on risk assessment
Preparing the internal audit manpower plan, annually, including internal audit knowledge, skills, and competencies required
Performing half yearly and annual performance appraisal of entire staff and identify development and training needs
Ensuring that internal auditors are properly managed, and perform audit/investigatory work properly as per plan
Approve final audit report(s) to be submitted to the Line for taking corrective action, if any
Communicate results to Executive Management and BARC

English - Fluent / Excellent
Arabic - Fluent / Excellent
Own a Car
Any
Have Driving License
Any

Job Skills

Bachelors Degree in Accounting/Business Administration from a recognised institution
Qualified accountant (ACA, CA, ACCA, CPA) ideally possessing CIA membership
Minimum 12 Years auditing experience including 5 years in a managerial position in banking Internal Audit
Extensive knowledge and experience in all banking operations
Knowledge of Islamic banking and general business operations
Detailed understanding of Internal audit role and systems; corporate governance; regulatory reporting; and management engagement processes
Up-to-date knowledge of the latest international audit standards and methods (including Basel Committee on Banking Supervision)
Proven ability to interact effectively with all levels of Senior and Executive Management and external Auditors and Regulators
Fluent English language skills. Arabic an advantage

About The Company

TAAHEED deliver pioneering recruitment solutions and consultancy services to MENA organizations that believe human capital is the major driver in building a 'best-in-class' team or company.
TAAHEED offer Search & Selection, Project & Managed Service solutions across key practices, including;

• Construction & Development
• Banking & Financial Services
• Insurance
• IT & Telecommunications
• Engineering & Industry
• Shared Services (HR/Legal/Accountancy/Professional Support)
• Higher Education Recruitment / University (Faculty Staff)
• Media, Advertising,
• Marketing, PR & Communications
• Public Sector

TAAHEED also are the regions number one contributor to Emiratization initiatives.

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