الوصف الوظيفي

Job Overview:

The Chief Audit Officer (CAO) is responsible for providing independent and objective evaluations of the bank's financial and operational business activities, including its corporate governance. The CAO leads the internal audit function, ensuring compliance with established policies, procedures, and regulatory requirements, and assessing the effectiveness of the bank’s risk management, control, and governance processes.

Key Responsibilities:

1. Leadership and Strategy:
   • Develop and execute a comprehensive internal audit plan that aligns with the bank's overall strategy and risk management objectives.
   • Lead, mentor, and manage the internal audit team, ensuring professional development and high performance.
   • Provide strategic insights and recommendations to the executive management and the board of directors on risk management, control, and governance.
2. Audit Execution:
   • Oversee the execution of audit assignments, ensuring audits are completed efficiently, effectively, and in accordance with professional standards.
   • Review audit findings, draft audit reports, and present audit results and recommendations to the senior management and the board of directors.
   • Ensure timely and effective follow-up on audit issues and recommendations.
3. Risk Management:
   • Identify and assess areas of significant business risk.
   • Develop and implement strategies to mitigate identified risks.
   • Continuously monitor the bank’s risk profile and provide insights on emerging risks.
4. Compliance and Governance:
   • Ensure the bank’s compliance with all applicable laws, regulations, and internal policies.
   • Promote a culture of integrity and ethical behavior throughout the organization.
   • Serve as a key liaison with regulatory bodies and external auditors.
5. Internal Controls:
   • Evaluate the adequacy and effectiveness of internal controls over financial reporting, operations, and compliance.
   • Recommend improvements to enhance the bank's internal control environment.
6. Reporting:
   • Prepare and present periodic reports to the audit committee and senior management on the status of the internal audit plan, significant audit findings, and the status of corrective actions.
   • Maintain open communication with management and the audit committee to discuss audit activities and findings.

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree is preferred.
• Professional Certifications: Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other relevant certifications.
• Experience:
  • Minimum of 10 years of experience in internal audit, risk management, or related fields, with at least 5 years in a senior leadership role.
  • Extensive experience in the banking or financial services industry.
• Skills and Competencies:
  • Strong understanding of banking regulations and compliance requirements.
  • Excellent analytical, critical thinking, and problem-solving skills.
  • Strong leadership and team management skills.
  • Exceptional communication and interpersonal skills.
  • Ability to work independently and collaboratively with all levels of management.