Head Of Business And Risk Audit Injaz-IAG-Head Of Audit Internal Audit Group

• A member of IAG’s senior leadership team responsible to contribute and participate in leading the development and implementation of IAG’s strategic priorities, in his/her independent capacity, for a set of complex risk domains assigned of the growing Audit Universe of Mashreq.
• Responsible for identifying and providing resolutions to composite risks, including technique of measuring and quantifying risks, recommending methodology and process changes in line with best practices aimed at enhancing the effectiveness and efficiency of the enterprise risk culture, with specific focus on the following domains:
- Business: Corporate & Investment Banking, Retail Banking, and Treasury
- Credit Risk and Management
- Special Assets and Collections
- Risk Management (Enterprise Risk, Corporate & Retail Risk, Market Risk, Models Management & Validation, and Regulatory Risk Reporting)
- Corporate Governance
- Finance (Financial Management, Control & Reporting, Central Accounts and Taxation)
- Group subsidiaries / entities relevant to the above domains.
• Maintain an enterprise-wide oversight over the risk culture (considering existing and emerging risks) across Mashreq Group, particularly in the domains designated to him/her, with focus on the UAE and a broader perspective on Mashreq’s global operations.
• Provide insights and proactive guidance to IAG’s leadership team on emerging risks across Mashreq’s global operations, and recommend strategic, agile and practical approaches to provide assurance and advice about these risks.
• Well-versed in assessing business risks and controls in the digital domain and is expected to add value with practical, business-focused solutions to improve risk management practices and play an advisory role as a subject matter expert.
• Interface with Central Bank of the UAE for Internal Audit related matters and ensure that all regulatory requirements and expectations are met.
• Hire, lead and influence teams of highly skilled auditors to ensure that all audits, reviews and other assignments are carried out as per laid down priorities and standards for the matters of identifying composite risks end to end and provide reasonable assurance.
• Oversee and direct the planning, execution and closure of comprehensive and complex Internal Audit engagements, including thematic, integrated and end-to-end engagements.
• Promote a culture of collaboration by actively engaging with the cross-functional IAG teams and offering expert guidance throughout the planning and execution of Internal Audit engagements to ensure that optimal risk coverage is achieved.
• Provide value adding consultancy support and guidance to business by providing expert professional opinion in product development and process re-engineering in a seamless manner as processes run through various areas.
• Issue audit reports with prioritized risks, accuracy, precision and completeness to senior management.