Senior Manager, Shariah Audit

Responsibilities

• Responsible for assessing the effectiveness of internal controls in all aspects of operations (shariah, financial system, business processes).
• Identify key risks at the local level for each entity considering the relevant strategies and business environment.
• Assist in the development of the annual audit plan considering the key risks identified, inputs from local management, Audit Committee and Shariah Committee, and presentation to the Shariah Committee for approval.
• Plan, lead and execute audits and evaluate the adequacy of controls according to established schedule and quality.
• Assist in directing the preparation of the annual audit plan and schedules, Audit Committee reports, Shariah Committee reports and fulfil other regional or local reporting requirements.
• Coordinate and monitor audits being performed by regulators, external auditors (for special projects, if any), other entities’ auditors and other groups providing assurance.
• Review audit reports and lead discussion of issues and remedial action plans with the appropriate levels of management.
• Facilitate issuance of audit reports to management.
• Follow-up outstanding audit issues and monitor timely completion of agreed remedial actions by management.
• Direct the development of the team through coaching, training and providing timely feedback to staff. Motivate and inspire the team by providing them with the information and tools they need to perform their duties.
• Ensure that the working papers, draft audit reports and other deliverables meet internal standards and assignments are completed within budgeted time.
• Assist the Head of Internal Audit in training, mentoring and evaluating staff, and taking corrective actions to address performance issues.
• Ensure achievement of departmental goals.
• Liaise with the control community and other members of the company to contribute to the implementation of an effective and efficient system of internal control.
• Develop rapport with business unit management through regular communication of changes in business operations, emerging risks and potential issues, etc.
• Provide professional advice and insights to management to enable informed management decisions.
• Involve in the implementation of new processes and systems of the company to provide an independent view to management of the quality and effectiveness of the projects.
• Take the initiative in improving self through training courses e.g. courses relevant to Shariah through classroom and on-the-job trainings.
• Perform other responsibilities and duties periodically assigned by the Head of Internal Audit in order to meet operational and / or other requirements.

Job Requirements

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