VP & Senior Audit Manager,Enterprise Risk Management Job Abu Dhabi area,UAE/Dubai,Management

Participate as well as lead audits covering the activities and processes of Risk and Global Markets across the FAB Group.
Thorough understanding of business/ relationship aspects, product dynamics, Market, Operational risk management, CAR, ICAAP processes and the regulatory environment, both in UAE and other relevant jurisdictions where FAB operates, provide assurance to Management by identifying weaknesses; reporting and escalating significant Audit findings in a timely manner; and agreeing action plans to address the issues raised.
Participate in audit teams performing risk-based audits of the Risk Management units (Operational, Fraud, Credit, Market, Capital Management, International Locations) and specific risk domains / themes;
Related support functions, ensuring that governance, risk management and controls are in place to mitigate the inherent risks of the business. Share skills and knowledge with Audit teams. Utilize available GIA tools for completion of audits.
Act as the day-to-day contact with teams in ERM space. The role holder is expected to play a significant role in identifying and advising the management the overall risk level/direction of the Group, ensuring that laid down procedures are followed, assuring the management that internal controls, accounting systems and enterprise risk management framework are effective in design and operation. Provide input to GIA on issues that have impact on the FAB Group as a whole.

Job Summary / Introduction

Participate as well as lead audits covering the activities and processes of Risk and Global Markets across the FAB Group.
Thorough understanding of business/ relationship aspects, product dynamics, Market, Operational risk management, CAR, ICAAP processes and the regulatory environment, both in UAE and other relevant jurisdictions where FAB operates, provide assurance to Management by identifying weaknesses; reporting and escalating significant Audit findings in a timely manner; and agreeing action plans to address the issues raised.
Participate in audit teams performing risk-based audits of the Risk Management units (Operational, Fraud, Credit, Market, Capital Management, International Locations) and specific risk domains / themes;
Related support functions, ensuring that governance, risk management and controls are in place to mitigate the inherent risks of the business. Share skills and knowledge with Audit teams. Utilize available GIA tools for completion of audits.
Act as the day-to-day contact with teams in ERM space. The role holder is expected to play a significant role in identifying and advising the management the overall risk level/direction of the Group, ensuring that laid down procedures are followed, assuring the management that internal controls, accounting systems and enterprise risk management framework are effective in design and operation. Provide input to GIA on issues that have impact on the FAB Group as a whole.

Key Responsibilities

Establish risk universe for internal audit and providing inputs for approval from Board Audit Committee and Providing inputs to annual risk-based internal audit plan for audits of Group Risk Department including providing inputs to define audit scopes, objectives and Terms of References.
Ensure that Bank’s assets are safeguarded by evaluating controls around the same in light of Bank’s internal audit guidance and Group Fraud Risk Management Policy.
Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and 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…

VP & Senior Audit Manager, Enterprise Risk Management