Head of International Operations & Retail Banking Audit

Full Time @ Qatar National Bank (QNB) Sector: Accounting, Finance & Banking
  • Doha, Qatar View on Map
  • Date Posted : November 16, 2021
  • Salary: Negotiable
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Job Description

Role Summary

The incumbent will provide inputs to the Principal Specialist, International Operations, Retail Banking and Governance Audit in development of the audit universe pertaining to the Group’s International Operations and Retail Banking Audit and identify auditable entities for inclusion in the annual audit plan to be submitted by the Chief Internal Auditor – International to the Group Chief Audit Executive (GCAE) for review.

Further, the incumbent will be responsible for ensuring timely completion/ execution of the approved annual audit plan pertaining to his area and conduct of individual audit assignments in line with applicable best practices, including but not limited to the Standards for the Professional Practice of Internal Auditing (SPPIA), Basel Committee recommendations and guidelines as applicable. The incumbent will also render internal audit advisory services to the individual departments pertaining to his area of responsibility, as and when required by his superiors.

The above role will also extend to the secondary responsibilities assigned to the incumbent in terms of specific activities/ functions/ departments, in addition to the primary responsibility with respect to the international Operations and Retail Banking audit activities/ functions.

Role Description

  • Provide input to annual audit and risk review and other audit tasks plan to the Principal Specialist – International Operations, Retail Banking and Governance Audit based on the impact of the risks on the goals, objectives and strategy of the Group with respect to the International Operations and Retail Banking and the other areas assigned to the International Operations and Retail Banking audit team as part of their secondary responsibilities.
  • Implement and execute the plan approved by the Group Audit & Compliance Committee and ensure completion of the same within the assigned period as instructed by the Principal Specialist, International Operations, Retail Banking and Governance Audit. Also responsible for submitting status reports on the various assignments in progress to the Principal Specialist – International Operations, Retail Banking and Governance Audit explaining the reasons for the delay in completion of individual assignments, if applicable.
  • Develop and implement appropriate risk assessment methodology/ parameters and criteria in consultation with the Principal Specialist, International Operations, Retail Banking and Governance Audit to facilitate evaluation of the individual functions/ processes/ products and related procedures based on the risk involved in the referenced activity/ function/ area.
  • Manage the review of the work performed by his/her team of the International Operations and Retail Banking activities and the adequacy of the risk management processes in place. Overall responsible for the evaluation of the process in place to check compliance with internal policies, limits, external statutory and local/ international regulatory requirements in this regard.
  • Oversee on day-to-day basis, the individual assignments comprising the approved plan to ensure that these are being conducted in accordance with the best practices for internal auditing, including but not limited to the SPPIA recommendations/ guidelines.
  • Ensure that the audit planning, fieldwork and reporting stages are conducted in consonance with the procedures/ guidelines contained in the internal audit manual, including but not limited to communications to relevant auditee management on audit commencement, presentation of draft reports to auditee management and obtaining their responses and holding of closing meetings.
  • Conduct special audits, and if applicable, risk reviews for investigation of problem areas or for certain specific reasons, as and when directed by his superiors.
  • Review and adjust audit programs to be aligned with engagement scope and requirements and the related advances in best practices pertaining to the area under review.
  • Perform first level review of all internal audit and other special assignment/ investigation/ other audit tasks reports/ deliverables and subsequent submission of the same to the Principal Specialist – International Operations, Retail Banking and Governance Audit.
  • Responsible for the utilization of the appropriate audit software procured by Group Internal Audit by all personnel reporting to the incumbent.
  • Review internal audit team work and challenges their understanding of audit areas and processes to assure adequate coverage.
  • Monitor post-audit follow-up of audit reports to ensure compliance with recommendations, when required in accordance with instructions from superiors.
  • Assist the Principal Specialist – International Operations, Retail Banking and Governance Audit in work load distribution and establish a detailed budget for each phase of the audit/ assignment.
  • Recommend temporary staff allocations for audits of International Operations and Retail Banking activities to the Principal Specialist – International Operations, Retail Banking and Governance Audit.
  • Conduct performance appraisals of personnel reporting to the incumbent and submit his own performance appraisal to the Principal Specialist – International Operations, Retail Banking and Governance Audit on timely basis in accordance with the laid down policy in this regard.
  • Responsible for imparting training/ guidance to trainees who join the Group Internal Audit.

Qualifications

  • Education / Experience Requirements:
  • Bachelor degree preferably in finance, economics, accounting, banking, management or related fields.
  • Professional certification or designation such as CIA, CPA, CA, ACCA, CBA or equivalent is required.
  • Minimum of 8 years’ experience in banking audit function (covering international & subsidiaries business) out of which 3 years in a managerial role with a major bank.
  • Excellent oral and written communication skills in English and Arabic

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