Administrative assistants

The primary role of ASD is to assist the Board and Audit Committee by providing an independent appraisal of the adequacy and effectiveness of the internal control framework and systems in operation within the Group, and through the continuous monitoring thereof.

The Internal Auditor will assist, under the supervision of EFG Audit Managers or Regional Head of Audit who collectively assumes overall responsibility for and provides EFG Bank entities with a systematic independent review and evaluation on how the internal control systems are performing, and the adequacy and effectiveness of risk management and control within the organisation.

The Auditor will be responsible for assisting in the performance of audits of the EFG International entities and corporate departments / divisions (with a focus on the Investment and Wealth Solutions businesses of EFG). This includes assessing the effectiveness of internal controls, the efficiency of operations and compliance with the Group and regulatory requirements (AML, KYC). The job also entails identifying control opportunities within operations and determining factors associated with control and recommend solutions.

Other responsibilities include assisting the Audit Managers and the Regional Head of Audit in (a) ensuring the audit working papers meet ASD quality standards; (b) providing support in tracking the implementation of audit recommendations through the Invision Audit Report Management System; (c) co-ordinating with other members of the ASD team based in different locations; (d) developing enhanced risk assessment capabilities in private banking / wealth management.

The role requires a high level of independence, integrity, loyalty and objectivity. Ability to work alone as well as in teams and effectively deal with management at all levels.

INTERNAL AUDIT STANDARDS

• In line with EFG-ASD Internal Audit Charter to ensure that EFG Bank's operations are conducted according to the highest standards by providing an independent, objective assurance function and by advising on best practice.
• Ensure that professional standards and ASD methodology are applied in carrying out audit assignments.
• Comply with the ‘International Standards for the Professional Practice of Internal Auditing’ as prescribed by The Institute of Internal Auditors.
• Adhere to the Institute of Internal Auditors "Code of Ethics" with regard to integrity, objectivity, confidentiality, and competency.
• Comply with the EFG International Regulations including GD 9 01 001 ‘Internal Audit Reports and Management’s Monitoring of Pending Issues’ and the ‘Group Business Code of Conduct’ as outlined in POL 6 02 003.

RISK MANAGEMENT

• Assist EFG International to accomplish its objectives by evaluating the effectiveness of risk management, control and governance processes and making recommendations for improvement.
• Assess potential risks to the EFG International’s operations during the execution of audit mandates and escalate findings or concerns identified to the Audit Senior Manager or Regional Head of Audit in charge.
• Assist in developing enhanced techniques for investment and wealth solutions matters and additional areas of focus where needed / relevant.

INTERNAL AUDIT PROCESS

• Work on assigned audits in accordance with the Annual Audit Plan submitted to the Audit Committee.
• Review the adequacy of controls established to ensure compliance with policies, plans, procedures, and business objectives.
• Assess the reliability and security of financial and management information and the systems and operations (in-house or outsourced) that produce this information.
• Review established procedures and systems and propose improvements.
• Assist and advise management on risks not being properly managed and having an adverse impact on the Internal Control System (ICS) of the Bank.
• Document and report progress on planned audit tasks on a timely basis.
• Review and discuss potential findings and weaknesses identified during fieldwork with the Audit Senior Manager or Regional Head of Audit and assist in the writing of related audit report issues and recommendations.
• Assist in developing the audit report content…