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AVP, Senior Auditor – Banking Operations

Arab Banking Corporation Manama, Bahrain
Posted 3 days ago Permanent Competitive

Job Purpose:

To support Group Audit in providing assurance to Senior Management and the Audit Committee on the adequacy and effectiveness of internal controls primarily related to all aspects of Wholesale Banking, Financial Markets, Treasury and Retail Banking operations in Bahrain. It includes:

Delivery of audit assignments in line with the annual plan and scope

  • Providing ongoing business monitoring, risk assessment and input to the annual audit plan
  • Managing relationships within the organization or external parties
  • Adhering to and contributing for the maintenance of Audit methodology, practices and supporting tools

Principal Responsibilities, Accountabilities and Deliverables of Role:

Know your business

  • Monitor business activity to identify any changes in risk profiles or deterioration in control environment and updating audit risk assessment and plans to align with emerging risks/control issues – these can be achieved through activities such as regular meetings with local heads of functions / departments;
  • Keep abreast of new laws, regulations, rules, Group and local policies, products, technologies and projects and consider implications.

Maintain the Audit Universe

  • Assist the Audit Head in maintaining a structured inventory of auditable entities representing the total population of Units, functions, departments, branches and representative offices.

Develop the Annual Audit Plan

  • Contribute to the development of the Annual Audit Plan based on risk assessment taking into account business monitoring activities and specific requests from Management.

Deliver the Annual Audit Plan

  • Perform audit assignments in line with the approved Annual Audit Plan, on time and within budget.

Adhere to audit standards and requirements

  • Adhere to Group Audit and international standards and requirements related to code of ethics, principles, staffing, methodology and the quality of work papers, deliverables and reporting.

Manage relationship with key stakeholders

  • Maintain an appropriate, pro-active, constructive and balanced relationship with Management; supporting Group Audit in the fulfillment of obligations and responsibilities in respect of governance, risk management and internal controls.

Maintain the local Corrective Action Tracking process

  • Support Group Audit with pro-active and effective tracking / monitoring of progress achieved with the implementation of agreed corrective action plans related to audit reports published.

Manage self-career development

  • Pursue continuous development of knowledge, skills, experience and professional certifications to support Internal Audit responsibilities. Seek coaching and mentoring with more senior colleagues whenever required for career development and achieving greater responsibilities in future.

Job Context (Circumstances & environment surrounding the job):

Group Audit (GA) consists of a Bahrain-based team plus local Internal Audit teams based in overseas units of ABC. GA is responsible for providing independent assurance on the adequacy and effectiveness of ABC’s internal controls to the Executive Management and the Board of ABC (via the Audit Committee). This is achieved by completing Audit assignments according to a risk-based Annual Audit Plan. The results of the Audit assignments are included within published Audit Reports which contain audit issues requiring management to undertake corrective actions to address any control weaknesses identified. Issues are also presented to the Audit Committee of the Board of ABC on a quarterly basis.

Given the nature of GA’s role within the business, the job holder is expected to uphold the highest standards of integrity and confidentiality at all times. The volume, importance and confidentiality of the material with which the job holder will deal with will require a strong sense of discretion and the ability to organize and present material in a structured way.

Group Audit staffs liaise with individuals at all levels within the organization, including Executive Management and Board members. The job holder will be required to conduct all interactions with courtesy, respect and professionalism.

Job Requirements:


  • Thorough understanding of Wholesale banking products, services, processes and related risks and controls, in special payments, trade finance, loans and treasury. Experience/ knowledge on digital banking operations is desirable.
  • Strong business and audit writing skills; can cohesively present and organize information; effectively articulates key points; emerging ability to adapt message to audience within the scope of assignments.
  • Strong data analysis and/or technical skills to analyse complex business data utilizing automated tools and help identify problems would be an advantage. Knowledge of audit software (BWise, Sinergy, ACL) is also beneficial.
  • Strong knowledge base of banking regulations, preferably the Central Bank of Bahrain, BoE (PRA) / FCA, DIFC, MAS and OCC.
  • Capable to develop review and analyze the ongoing effectiveness of all audit risk and control programs, recommending changes and improvements as appropriate.
  • Fluent in English (and a second language is desirable (French or Arabic)

Education / Qualifications

  • University degree preferably in business, finance, economics, accounting, banking, auditing, risk management or related subjects. Preferably post-graduated;
  • Desirable possessing relevant professional certification such as CIA, CPA, ACCA, CMA, FRM, etc.


  • Preferably 7+ years within Banking and at least 5 years internal audit experience or internal control function
  • Proven experience in the identification and assessment of risks and controls related to Banking Operations
  • Development and delivery of presentations to senior audience.
  • Familiarity with and exposure to different audit methodologies and with workflow-based audit software (e.g. BWise, Sinergy,..)

Personal Attributes

  • Excellent organizational skills and ability to work proactively with minimum supervision assignments, determining when to act independently and when to seek guidance.
  • Excellent attention to detail and analytical skills.
  • Strong judgment and decision-making skills.
  • Ability to work in a productive, collaborative, and cooperative way with a variety of people.
  • Strong interpersonal skills to ensure effective interactions with all levels in the business.
  • Demonstrates influence/challenge skills within the team, stakeholders, and audit head (e.g. appropriately challenging risks, scope, etc. and providing thoughtful suggestions instigating process improvement).
  • Ability to manage conflict and work under pressure.
  • Strong time management and results orientation.
  • Ability to write articulating technical audit issues in business language.
  • Flexible and positive approach to work, ‘can do’ attitude
  • Ability to handle confidential and proprietary information
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