A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Auditor”.
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Company Name | RAKBANK |
Job Requirements and Benefits:-
Qualification | Masters | Bachelors | ACCA | CPA | ICMA | ICAEW | CA |
Experience | 2 – 4 years of Relevant Experience Required |
Monthly Salary | 8,000 AED – 10,000 AED |
Employment Type | Part Time | Permanent |
Company Size | 100 – 500 Employees |
Benefits | Medical Insurance | Performance-based Increments |
Location | Dubai |
About the job
RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). It was founded in 1976 and is one of the oldest banks in the UAE. The Bank operates within retail and corporate banking, offering a range of services including personal and business banking, credit cards, loans, investment services, and wealth management.
In the recent years, the Bank has achieved significant milestones which includes being named as one of the world’s best banks by Forbes ME (2022) and was awarded UAE’s SME Bank of the year by the Asian Banking and Finance Awards. The Bank has been successful in achieving the highest profitability and lowest cost of risk since 2015. It has also seen significant growth in its acquiring business, card spending, and business loans.
Being on a transformational journey, in partnership with Honeywell, RAKBANK has also taken steps towards sustainability by reducing its overall energy consumption.
We are a diverse team comprising of over 3,000 employees from across 58 countries. We make conscious efforts to build talented and diversified teams and encourage people to develop their full potential. We are committed to providing a working environment that promotes work-life balance, career development, recognition and security for the future.
In line with our strategy, a major part of our transformation journey is to future proof our bank and establish ourselves as a ‘Digital bank with human touch’, for our customers.
So join us in co-creating the future of RAKBANK!
What You Will Be Doing
- Assist in Internal Audits of Finance, Risk and Treasury functions and contribute to the delivery of the annual audit plan by actively participating in the execution of risk based Audits and performing ongoing business monitoring and risk assessments of assigned business areas.
- Plan audit engagements and prepare documents including Audit Planning Memo, Terms of Reference (TOR) and Risk assessment of the auditable entity for approval by Senior Management.
- Conduct detailed walk-throughs with auditees for areas assigned and identify process/design gaps, deviation to documented process etc.
- Research and assess how well risk management process are functioning and record the results accordingly
- Direct / perform / complete high quality, well-documented audit fieldwork in accordance with Internal Audit methodology and IIA standards within strict timelines
- Formulate audit exception findings and audit recommendations for review by Audit Managers
- Detect, analyze, evaluate relevant documentation, track errors in data provided, streamline risk assessment, and search for potential loopholes and vulnerabilities to arrive at reasonable conclusions.
- Ensure to deliver quality, timely and well-documented audit fieldwork in TeamMate in accordance with Internal Audit methodology and IIA standards within strict timelines, including feedback/review comments.
- Discuss and agree audit findings, recommendations and action plan with auditees.
What You Should Have
- Strong quantitative and qualitative analysis skills with the ability to take large volumes of complex information and present it in a clear and concise manner for Senior review
- Attention to detail
- Exhibit strong interpersonal skills for interfacing and building effective working relationships with all levels of audit, business personnel and management
- Exhibit good communication skills (both oral and written)
What We Are Looking For
- Internal Audit experience preferably in Big 4 or banking/ financial services industry
- Knowledge of Finance, Risk and Treasury processes.
- Aggressive and ability to work under pressure
What’s In It For You
- Pay for performance culture (Competitive and performance-linked compensation).
- Provision of medical care plan for your family and you.
- Comprehensive Life insurance plan.
- Diverse workforce and inclusive culture.
- Career development and growth opportunities by design.
- Work with the best minds in the field.
- Get opportunities to bring your whole-self to the organization and perform to your best.
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