Our client, one of the fastest growing banks in the region is currently in search of a hands-on Chief Internal Auditor to join their dynamic team in Oman. The role holder will provide an independent, objective assurance to the Board of Directors, Audit Committee and Senior Management.

The role

- Ensures that the Bank has adequate methods by which concerns about controls/accounting /fraud /malfeasance
- Ensures that internal audit team’s independent and objective assurance and consulting functions add value to the Bank’s operations
- Leading a team of auditors in delivering quality audit services and responsible for the execution of audits as defined by annual audit plans
- Cooperates with internal and external advisors and risk control units on investigations into major control issues
- Annual work plan is based on a risk-based analysis, regularly benchmarks methods and tools against peers to find areas able to be improved
- Building rapport with key external stake holders such as Central Bank and other regulators and keeping abreast of legislations, rules and new audit requirements and trends and advising senior management regarding such existing and emerging regulatory requirements
- Monitors for evolving best practice in the areas of audit, fraud prevention and internal controls
- Ensures that Internal Audit function has adequate expertise and resources to fulfill its responsibilities
- Reviews adequacy of internal controls and reviews implementation of internal controls.
- Periodically audits banking and other business operations and implements the annual work plan for internal audit with a fixed plan of activities but also allowing for appropriate investigation time for matters that emerge over the year
- Responds to matters that emerge from appropriate referring bodies (the Board of Directors, CEO and other senior executives)
- Assists the Board with establishing ethics policy and whistle blowing procedures
- Periodically reviews and recommends updates in corporate accounting policies and procedures framework
- Works with Audit Committee Chairman to ensure Committee and the Bank are abreast of material pending changes under consideration by accounting standard setters
- Works with the Audit Committee, monitors the adequacy of external reporting practices against peers

Client requirements

- Must be Certified Internal Auditor
- MBA or Bachelor degree with Chartered Accountancy / CPA
- Minimum 15+ years of related Audit experience; GCC Banking and Financial Services experience is a must
- Sound understanding of Internal Audit framework, Risk Management frameworks
- Excellent communication and presentation skills
- Great personality and has the ability to highlight issues in a diplomatic and professional manner