Senior Internal Auditor - Bank

Senior Internal Auditor - Foreign Bank

- A Leading foreign bank is looking to hire a senior internal auditor.

- The Senior Internal Auditor of a bank is responsible for ensuring that the bank's internal controls are effective, efficient, and compliant with regulatory requirements. The following are some of the key responsibilities of a Senior Internal Auditor of a bank:

- Plan and execute internal audits: Develop and execute audit plans, including identifying areas of risk and designing audit programs that evaluate the bank's financial and operational processes.

- Evaluate internal controls: Assess the effectiveness and efficiency of the bank's internal controls, including its risk management, governance, and compliance processes.

- Conduct risk assessments: Evaluate the bank's risk profile and ensure that audit plans address the bank's highest areas of risk.

- Identify control weaknesses: Identify and communicate control weaknesses and areas for improvement to management, as well as recommendations for corrective action.

- Develop and maintain relationships with stakeholders: Build relationships with business leaders, regulators, and other stakeholders to stay informed of changes in the industry, regulatory requirements, and emerging risks.

- Lead and manage audit teams: Provide leadership and direction to internal audit teams, including assigning tasks, reviewing work, and providing feedback.

- Prepare audit reports: Document findings and recommendations in written reports and communicate them to management and the Audit Committee.

- Monitor implementation of recommendations: Follow up on the implementation of recommendations and verify that corrective action has been taken.

- Provide guidance and support to junior auditors: Coach and mentor junior auditors to ensure they are developing the skills necessary for their roles.

- Qualifications for the Senior Internal Auditor of a bank include a bachelor's degree in accounting, finance, or a related field, as well as relevant certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA). Candidates should also have extensive experience in auditing and risk management in a banking or financial services environment, with excellent analytical, communication, and leadership skills.