IDB2305 - Senior Associate Internal Audit ( Arabic Speaker) (ICD)

Business Unit: ICD - Islamic Corporation for Development
Division: Finance Division
Department: Internal Audit
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Closing date: 29-Jun-2019


This role is responsible for conducting all aspects of Corporate Credit Audits, Operations/Quality & Compliance audits at ICD to ensure that the laid down procedures are followed to protect the ICD's interest. The job holder is expected to play a significant role in identifying and advising Head Internal Audit the overall risk level  / direction of ICD in the covered process / function, unit / department operations and recommend corrective measures where required.


Implementing the annual audit plan including any special tasks or projects requested by Head Internal Audit through performing audits by assessing risk areas and testing internal controls

Reporting all issues to Head Internal Audit that arise out of conducting periodic audit, including escalating all significant issues and suggesting potential improvements to the same and providing information concerning such issues through resolution

Conducting department / Division-wise audits with regards to ensuring that all operations, systems & processes are in compliance with the approved written rules & regulations and policies & procedures. 

Prepared Internal Audit Reports / Special Review Reports for the review of Head of Internal Audit, obtain auditee confirmation on audit findings, management responses before issuing Final Audit Report for ICD Audit Committee

Conducting audit of ICD's technology areas and other Information management systems (including databases, web portals etc) through tracking, analyzing, and reporting on the status of legal/regulatory compliance with the system guidelines and identify all possible areas of compliance risks

Ensuring follow-up action is taken where remedial plans have been recommended to a particular department and that the required changes have been implemented

Conducting independent evaluation of ICD's financials , operations and compliance and key processes and submitting audit findings report to Head Internal Audit

Liaising with regulatory authorities and external auditors for completion of regulatory audits in a seamless manner and to follow up on their reports for timely compliances

Conducting special review for ICD Investee Companies / affiliates, advising, and consulting to the ICD Departments/ Divisions on matters/subjects highlighted to Internal Audit for obtaining independent opinion.   

Review ICD approved Policies and Procedures, propose amendments, changes and improvements in P&P to strengthen Internal Controls of ICD.


Minimum 7 years’ experience in Internal Audit of Financial Institution, Banks, and auditing practical experience in any big 4 audit firm. Minimum 3 years Internal Audit experience in Corporate Credit Audit.


Must have a master degree in addition to any of the following Qualifications

Bachelor degree must be in one of the following subjects (accounting or finance or  auditing )