Associate Director/Director - Internal Audit - Management Consulting/Financial Services Industry

About The Company:

ARA's Client is a leading Global Business Management consulting firm with a very strong presence across the GCC region. The consulting solutions span critical business problems in technology, business process, analytics, risk, compliance, transactions, and internal audit. Has over 7,000 people that serve clients in 85+ offices across 25+ countries

The Role:

The role of Associate Director / Director will responsible for Internal Audit and Financial Services Area for Middle East Region. This is a leadership role with 30 - 40 team members and is client facing with the responsibility of identifying, assessing, and monitoring risks.

Key Responsibilities:

- Prospecting for new business by using the client relationships, getting an active handle on regulations to drive business opportunities on a pro-active basis

- Managing the portion of books/clients with Director or Managing director which includes support in business development, account management, effective quality delivery, managing the project delivery and quality etc.

- Building a thought leadership position by creating contemporary articles on Banking or by being a speaker at leadership forums on contemporary Banking topics

- Recruiting bright/talented individuals who can adapt to the rigors of consulting and creating a good execution capability in the practice

- Delivering expected profitability from the practice by placing a sharp focus on the utilization of the staff and the recovery of the projects

- Interacting with multiple Advisory practices to develop cross-selling opportunities, and upsell the Firm's branding

Skills Required:

- In depth understanding of Internal Audit and Risk Management concepts and corresponding experience in FS entities such as Banks, Shadow banks, Investment Banks, Asset Management Companies, Capital Markets, Payment and Fintech, Insurance etc

- Internal Audit, Next Gen. IA, QAR

- SOX, IFC, ICFR testing

- Controls Designing to Monitoring

- COSO 2013 - COSO ERM

- RCMs/ RCSA development and testing

- Corporate Governance

- Business Processes: Excellence Enhancement, Optimization, and Implementation

- Enterprise Risk (ERM),

- Operational Risk (ORM)

- KYC and AML

- Regulatory Remediation/ Compliance

- Third-Party Risk/Outsourcing Risk

- Credit Risk

- Insider/Personal Trading Compliance

- Compliance Framework

- Business Strategies

- Digital Transformation and Automation

- Global / Large Delivery Set-up / COE

- GRC Framework

- ITGC

- Team management

Qualifications & Experience:

- At least 12+ years overall experience in the Management Consulting/ Financial Services Industry, preferably in internal audit.

- Minimum 7 years recent experience in Internal Audit/ Risk Advisory firms in the Financial Services domain , Primarily experience in the Middle east/ Saudi Arabia market.

- Ideally a CA /MBA (from a top tier business school) with a commerce/ CFA/ FRM/ PRM background and with a strong Financial Services Industry focus would be preferred.

- MUST have experience with the Big 4 / Big 8 Consulting firms with Client facing role.

- Must be managing only Financial services clients (Banks, Insurance / BFSI clients)

- Experience in managing P&L, Business development and delivery.