Treasury and Credit Auditor:
Job Purpose:
• Perform overall risk assessment of credit and treasury businesses of the Bank and assist the Head of Treasury, Credit & Ongoing audits in identification of audit centres and preparation of annual audit plan.
• Assess through planned audits compliance to the Bank's approved policies and procedures, regulatory requirements, applicable laws and financial reporting standards.
• Assess investment and credit delegated authorities, risk management processes and practices.
• Assist in managing the internal audits of credit granting and review, credit administration, remedial management, treasury dealing, treasury operations and risk management functions.
• Develop audit programs to reflect the detailed risk assessment and efficient performance of audits of Treasury and Credit areas.
• Evaluate impact of introduction of new processes or changes to existing Credit and Treasury processes over the risk assessments and formulate changes to audit plans, centers or strategic.
• Assist in evaluating the impact of new regulations and laws on the Bank's business and operations by reviewing CBB draft regulations.
• Manage and supervise the Assistant Auditor for Treasury and Credit by performing review of audit papers and audit reports prepared, to assess whether all the planned audit work is completed and all material issues are included in the audit report.
• Plan and conduct quality assurance review as per the division quality assurance standard.
• Participate in various committees from time to time.
Dimensions:
• Contribute in safeguarding the Bank's assets, net worth, customer deposits and corporate image by ensuring adequacy and effectiveness of internal controls and regulatory compliance.
• Perform internal audit and control assessments of various products and departments in treasury and credit areas and give support to Head of Treasury and Credit Audit.
• Providing advisory support on various aspects of operations, systems, products, internal controls, regulatory framework and accounting standards concerning Credit and Treasury.
Principle Responsibilities:
Credit Review Audit:
1. Plan, supervise and conduct internal audit of Corporate, Commercial and Retail businesses and assess the reasonableness and effectiveness of credit appraisal process, exposure categorization, and relationship management and identify negative signals in the credits, if any.
2. Formulate plans and audit programs to ensure quality audit work and maintain the working papers and documentation in accordance with the quality assurance standards adopted by the division.
3. Discuss significant audit findings with the concerned departments and report those findings, action plans to implement the audit recommendations and the follow up reports.
4. Review the credit activities of the Bank with the objectives to assess the compliance to the lending and other credit policies and procedures, delegated authorities and pricing guidelines.
5. Review the trends in the credit risk profiles, past due and classified exposures, write-off, profitability and spreads in the credit related activities of the Bank. Provide detailed inputs to the Head of Treasury, Credit and Ongoing audits in this regard.
6. Review the appropriateness of the Bank's credit policies, credit appraisal processes, delegated authorities, credit risk management processes and practices and adequacy of internal controls. Make recommendations for improvement in those areas.
Job Details
| Date Posted: | 2015-08-31 |
| Job Location: | Manama, Bahrain |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Banking |
Preferred Candidate
| Career Level: | Mid Career |
Apply Now - Jobs in Bahrain - Accounting/Banking/Finance Jobs in Bahrain - Search All Jobs
المصدر Jobs in Bahrain | Bayt.com