Audit Manager- FAB India

• With the support from GIA HO where needed, help the Unit Head in reviewing all the activities of the FAB India and risk management activities in accordance with the Audit Plan agreed with the Audit Committee from time to time.
• Help the Unit Head in developing Annual Audit Plan for FAB India. Prioritize as per the Risk Assessment
• Ensure that FAB India audits are conducted in accordance with the objectives laid down in the Annual Plan and ensure that the work program is completed in an efficient and effective manner on or ahead of schedule. Inform the Unit Head & GIA Governance/GIA Heads of Audit of respective verticals of any potential delays and/or changes to the Annual Plan.

• Completion of tasks in an efficient manner which is consistent with operating procedures and policy.
• Promote the organization's values and ethics in all activities within the team to support the establishment of a value driven culture within the bank.

• Be responsible for conducting audits efficiently and comprehensively within the allocated budget.

• Execute to established GIA Policies, Guidance Notes, Procedures and Practice Notes in undertaking all tasks. Provide input to the development of GIA practices as per industry standards and regulatory expectations.
• Help the Unit Head to review all the activities of the Units within FAB India and the related risk management activities in all the jurisdictions in which the Portfolio operates to define and maintain the Audit Universe. Coordinate with other teams to ensure efficient and effective coverage.
• Help the Unit Head to prepare and maintain a Risk Assessment of each of the Process Streams within the India as identified in the Audit Universe. In this respect, work with the businesses to promote periodic self-assessment of risks and controls.
• Conduct audits of the Processes within the FAB India and assess if:
• Divisional/Unit Line management have identified and classified the risks in their activities.
• Governance, risk management and control procedures are adequate, effective and efficient to reduce risks of errors, omissions and loss to acceptable levels at an acceptable cost.
• Improvements/enhancements to the governance, risk management and internal control structure are required.
• Data and transaction processing meets the required standards of reliability, integrity and availability.
• The Division's/Unit's assets are being safeguarded.
• The use of resources is efficient and effective.
• Draft audit report submitted by auditors are properly reviewed and finalized.
• Audit report is discussed and finalized with GIA management/client within 3 weeks of completion of fieldwork. Negotiate with Unit management to agree a documented Management Action Plan to resolve the issues raised

• Help the Unit Head in change management through continuous improvement of processes and practices considering global standards and changes in the business environment, which demand proactive action plans.

• Develop and maintain effective business relationships with all relevant external/internal entities and stakeholders with the highest standards of business ethics, whilst promptly attending to all critical issues in-order to ensure the services required by the organization are delivered in the most effective manner.
• Act as the Audit Business Partner for Line Managers within FAB India and actively manage the relationship through regular meetings with Line Managers to promote this concept and identify emerging risks. Such meetings should also be used to discuss any material gaps between audit assessment or risks and controls and the businesses' self-assessment.
• Ongoing consultancy/advice is provided to Unit management from a governance, risk management and control perspective for improvements in their processes to ensure effective and efficient controls, on the basis of market best practices.
• On an ongoing basis, ensure pending audit issues are followed up with Unit management and that all corrective actions are fully and properly implemented.
• Conduct any investigations/special reviews related to FAB India activities assigned by the Unit Head /GIA.
• Support GIA HO audit team during their annual/ regular audits on FAB India.

• Maintain up to date knowledge and understanding of FAB India Business, Operational, Risk management & Financial control processes and regulatory reporting developments, drive necessary changes in Audit plan/working programs.
• Safeguard against potential loss and contributing to the Units/Departments systems and procedures, by reporting whether Credit/operational controls of FAB standards are effectively carried out and are efficient in the units/departments audited.
• Review the FAB India functions of the bank end to end and identifying areas of correction / improvement.
• Examine and comment on the process for the early recognition of problems (if any) and their remedial management to minimise the loss.
• Preparation / Review of Audit MIS/ dash Boards including audit committee presentation slides relating to FAB India
• Contribute towards the enhancement of relationship between GIA and stakeholders.

• Relevant Bachelor or post-graduate qualification and/or relevant professional qualification and/ or certification, for example, Chartered Accountant, CPA, ACCA, Cost & Management Accountant, etc.

• Minimum 3 years of relevant experience with an International/ Large Local Bank or Big 4. Internal Audit experience is strongly preferred (but not mandatory).
• Working knowledge of banking processes and associated risks in a Banking environment
• Knowledge of audit policies and procedures, as well as Central Bank regulations and market practices, if relevant
• Self-directed, able to manage multiple tasks and ability to work under pressure.
• Good analytical skills.
• Good verbal and written communication skills
• Ability to draft Audit Reports independently

First Abu Dhabi Bank