Senior Auditor – Wholesale Audit

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Implements the Audit Plan, by reviewable audit entity, for designated businesses in alignment with Internal Audit standards, applicable government regulations, and Mashreq Bank policies.

• Produces high-quality audit reports and validates the Internal Audit Action Plan in a timely manner.

• Actively promotes integrated auditing methodologies, leveraging technology and data analytics.

• Serves as an Audit in Charge, leading a small to medium-sized team of Internal Audit professionals while managing audit assignments within a defined budget.

• Holds a comprehensive understanding of various Internal Audit standards, policies, and local regulations; applies extensive knowledge of high-risk areas such as Wholesale Credit Risk, Corporate & Investment Banking products, and regulatory compliance.

• Cultivates effective relationships with senior line management and possesses a strong grasp of the business operations.

• Demonstrates a deep understanding of the interactions among business and support units across the Bank and their influence on the overall control environment and audit approach.

• Utilizes exceptional communication skills to influence a diverse range of internal stakeholders, including respective products or functions. Engages in negotiations internally at higher levels on matters that significantly impact the managed area.

• Exhibits strong judgment, political savvy, and awareness of cultural diversity.

• Competent in evaluating the risk environment and adapting to changes through the annual risk assessment process.

• Key Result Areas

• Oversees the assigned Offsite/Onsite Review functions efficiently and proactively to achieve objectives, identifying and surfacing risks based on timely detection and early warning signals. Recommends appropriate corrective actions to mitigate risks.

• Ensures full compliance with all systems and procedures, including review criteria for selecting review parameters, internal processes, turnaround times, and credit policies, conducting the job in a professional and effective manner.

• Guarantees that the review of credits both On and Offsite is executed professionally and objectively to accurately identify risks and assign appropriate risk ratings to the areas reviewed. Timely assignment of accurate risk ratings by business units and Risk Management is crucial for the bank.

• Reviews designated units of the bank to identify risks and assign appropriate risk ratings promptly for corrective actions by the units or relationship officers. Closely monitors the closure of action plan items.

• As an Audit in Charge, manages exam processes to ensure compliance with all review processes and approved plans, accurately identifying and surfacing risks in credits/processes in a timely manner, assigning correct risk ratings, effectively communicating results to the unit, and securing their buy-in to achieve overall review objectives.

• Offers suggestions and recommendations to enhance processes in order to protect the bank's interests.

• Ensures that reviews are conducted objectively and professionally to prevent communication gaps and that results are widely accepted by those being reviewed.

• Provides on-the-job coaching and guidance, both offsite and during onsite examinations.

• Fosters strong working relationships with the line to develop mutual understanding and facilitate communication regarding the acceptance of review findings.

• Oversees the monitoring of assigned business units to ensure early identification of risks through maintaining close contact with these units.

⛳️ Requirements

• CA/CPA or equivalent qualification.

• Preferred experience in Business Analytics and Risk Management.

• Expertise in Wholesale Credit Risk Management concepts.

• High level of lending (credit, analytical, judgmental) skills across various industries and countries.

• Senior-level experience in a related role, particularly in Internal Audit and/or Wholesale Credit Risk environments, with proven ability to manage a portfolio of high-quality deliverables to stakeholders within strict timelines.

• Demonstrated experience in team management and integrated internal audit and assurance delivery.

• Strong negotiation skills, with a proactive and transparent approach to communicating issues, and the ability to maintain independent views.

• This individual must be an articulate and effective communicator, both verbally and in writing.

• Strong interpersonal skills to interface with all levels of internal and external audit and management.

🏝️ Benefits

• Executes the Audit Plan, by reviewable audit entity, for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations and Mashreq Bank policies.

• Delivers on time high-quality audit reports and Internal Audit Action Plan Validation.

• Proactively advances integrated auditing concepts, use of technology and data analytics.

• Acts as an Audit in Charge and leads a small to medium-sized team of Internal Audit professionals, managing audit assignments within an agreed budget.

• Possesses a broad and comprehensive understanding of different Internal Audit standards, policies, and local regulations; applies a broad and comprehensive knowledge of high-risk areas including: Wholesale Credit Risk, Corporate & Investment Banking products, and regulatory compliance.

• Develops effective senior line management relationships and has a strong understanding of the businesses.

• Applies an in-depth understanding of the inter-relationships of business and support units throughout the Bank and how they impact the overall control environment and the audit approach.

• Uses excellent communication skills to influence a wide range of internal audiences, including respective products or functions. May negotiate internally often at higher levels on matters which will have a major impact on the area managed.

• Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.

• Competent in assessing the risk environment and responding to changes therein through the annual risk assessment process.