Internal Audit Specialist for Islamic Banking Operations

2 days ago


Muscat, Muscat, Oman Bank Dhofar Full time

About the Opportunity

Join us as an Internal Audit Specialist for Islamic Banking Operations at Bank Dhofar We are looking for a highly skilled professional to assist the Internal Audit Management in providing assurance to the Audit Committee on the adequacy and effectiveness of internal controls in relation to Financial and Islamic Banking Audit Activities.

Key Responsibilities

  • Develop a detailed plan prior to commencing each audit or other assignment encompassing scope, effort estimation, details of job allocation, sampling, audit procedures, timelines, and other details as required by the Internal Audit Manual.
  • Conduct entrance meetings with the auditee, interview appropriate personnel, accumulate, verify, and analyze available data required for the assignment; identifying existing or potential problem areas; conduct exit meetings with the auditee.
  • Supervise the audits/other assignments in a professional manner in accordance with the approved plans and internal audit methodology as per the Internal Audit manual.
  • Ensure that the audit working paper file/permanent file are properly maintained as per the Bank's Internal Guidelines.
  • Recommend internal audit policies, procedures, and programs in line with international auditing, accounting, and other professional practices, standards, and guidelines.

Requirements

Education and Experience

  • A university graduate preferably in Banking, Accounting, Finance or equivalent qualifications may be considered along with an Islamic Banking Qualification/Certification.
  • At least five years of relevant experience relating to audit/compliance/risk management/operations of Banking and Islamic Banking operations.

Skills and Knowledge

  • Thorough understanding of Islamic Banking Products, agreements, and Sharia Governance Structures.
  • Knowledge of general bank operations, accounting systems, and core banking systems.
  • Knowledge of regulatory frameworks for banks.
  • Excellent analytical abilities.
  • Proficiency in Microsoft Word, Excel, and PowerPoint.


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