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

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  • Business Unit
    ICD - Islamic Corporation for Development
  • Division
    Finance ICD
  • Department
    Internal Audit
  • Country
    Saudi Arabia
  • Location
    Saudi Arabia - Jeddah
  • Job Grade
    8
  • Contract Type
    Regular Staff
  • Closing Date
    29-Jun-2019
JOB PURPOSE

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.

KEY RESPONSIBILITIES

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.
Experience:

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.

Qualifications

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 )

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

  1. Resume/CV
  2. Passport-size photograph
The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants’ bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.
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