Senior Auditor

Job description / Role

Job Purpose:

To undertake an independent assessment of the quality and effectiveness of controls, risk management, systems, processes and procedures in order to ensure that risks are effectively managed in accordance with all relevant policies and regulations.

Principal Accountabilities:

Undertake reviews, as directed, in order to assess the quality and effectiveness of controls, risk management, systems, processes and procedures, highlighting areas of concern.

Plan and organise reviews in accordance with the Internal Audit Plan and agree audit scope and terms of reference to ensure they are carried out effectively and within the timescales allocated, keeping management informed of their progress and findings.

Lead and contribute to IT specific audits, and end to end audits.

Performing fieldwork and involved in the overall effectiveness assessment of controls.

Providing data analytics assistance on assignments throughout the year.

Developing machine learning to assist in continuous monitoring and identification of areas of focus.

Produce draft issues/findings for Head of Audits review and present to business management detailing the findings of reviews in order to agree factual accuracy and make generic recommendations for improvements to the management and control of risk.

As appropriate, pro-actively liaise with stakeholders and team members in order to discuss current and future issues; feed risks identified into the planning process and provide advice and guidance as required, whilst promoting best practice.

Confirm that outstanding issues identified during reviews are followed up and resolved to ensure that risks are effectively managed in accordance with all relevant policies and regulations.

Maintain relationships with management, colleagues and relevant external parties to discuss current and future issues and ensure their requirements and concerns are addressed.

Support management in understanding and accepting where corrective actions need to be taken in order to protect the Bank.

As appropriate, pro-actively liaise with internal stakeholders and team members in order to discuss current and future issues; feed risks identified into the planning process.

Ensure compliance with the Banks policies, procedures and guidelines together with all relevant regulatory and statutory requirements where appropriate implementing actions to protect the Banks business at all times.

Recommend changes to policies, systems, processes and working practices in order to achieve operational improvement.

Requirements
Education and Experience:

2 + years experience in external or internal audit (within IT audit)

Prior banking experience in IT risk (first or second line) may also be considered

Prior knowledge and working experience using data analytics, including SQL

Good understanding of machine learning and some experience in AI

Good understanding of banking concepts, products and procedures

Good knowledge of Banking regulations

ACA or Other Professional qualification relevant to the role.

Must be a graduate

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.