Financial Services Risk Management Professional

5 hours ago


Muscat, Muscat, Oman Bank Dhofar Full time

Job Overview


This role focuses on ensuring the robustness of internal controls within Financial and Islamic Banking Audit Activities at Bank Dhofar. The Compliance Auditor will collaborate closely with the Internal Audit Management team to provide assurance to the Audit Committee on the adequacy and effectiveness of these controls.


The ideal candidate will have a strong understanding of Islamic banking principles, including products, agreements, and Sharia governance structures. They should also possess excellent analytical skills, effective communication, and leadership qualities.


Main responsibilities include:

  1. Providing assurance to the Audit Committee on internal controls related to Financial and Islamic Banking Audit Activities.
  2. Ensuring that all activities are compliant with Bank's Internal Rules and Regulations, CBO Guidelines, and applicable Laws and Standards.
  3. Collaborating with the Internal Audit Management team to achieve the annual audit plan and identify key risk areas.
  4. Preparation of detailed audit plans, conduct of entrance meetings, data collection and analysis, and exit meetings.
  5. Supervision of audits and management of audit team members' work.
  6. Reviewing, finalizing, and issuing audit reports according to agreed timelines.


Requirements


To succeed in this role, candidates must hold a university graduate degree in Banking, Accounting, Finance or equivalent, along with relevant certifications in Islamic banking. Five years of experience in audit/compliance/risk management/operations of Banking and Islamic Banking operations is essential.


Candidates with additional qualifications such as Banking related certification, Internal Audit Certification, and knowledge of regulatory frameworks for banks will be given preference.



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