Consultant​/Senior Consultant – Investment Management

To provide independent and objective assurance and advisory services over investment banking, capital markets, securities/brokerage operations, financial reporting, governance, risk management, and regulatory compliance in line with the CMA framework (Capital Market Law, Authorised Persons Regulations, Securities Business Regulations), IIA Global Internal Audit Standards (2024), and IFRS.

• Plan and execute risk-based internal audits across investment banking and advisory (M&A, ECM, DCM, underwriting), brokerage and dealing, market making, principal/proprietary investments, custody and settlement, research, and treasury.
• Develop Risk & Control Matrices (RCMs) and perform control design and operating effectiveness testing.
• Prepare and issue draft and final audit reports with clear observations, root causes, risk ratings, and actionable recommendations.
• Review internal controls over IFRS 9 and IFRS 13, trading-book valuation, and expected credit loss.
• Assess the trade lifecycle, front/middle/back-office segregation, position and limit monitoring, client money/asset segregation per CMA client-money rules, and ICFR / ICoFR frameworks
• Evaluate information barriers (Chinese walls), market conduct, insider-trading and conflicts-of-interest controls, suitability, and best execution.
• Evaluate effectiveness of governance structures including Board, Committees, and Delegation of Authority (DOA).
• Review policies, procedures, SOPs, AML/CFT controls, and Enterprise Risk Management (ERM) alignment with COSO.
• Liaise with senior management, Audit Committee, Risk & Compliance teams, external auditors, and custodians/counter parties.
• Present audit findings, status updates, and key risk themes to senior stakeholders.
• Ensure compliance with IIA Global Internal Audit Standards (2024), QAIP requirements, and support IA strategy and annual planning.

• Bachelor’s or master’s degree in Accounting, Finance, or Business
• 5–12 years of relevant experience (depending on role level)
• Prior experience in investment / capital markets / securities audits (KSA preferred).

• CIA (Highly preferred)
• CPA / CA / ACCA

• Capital markets products and the trade-to-settlement lifecycle
• Brokerage, dealing, and market-making operations
• Investment banking and advisory processes
• IFRS 9 / IFRS
• 13
  
  CMA regulatory framework

• RCMs
• Audit methodologies

• Strong analytical and report-writing
• Ability to challenge management professionally
• Good communication and stakeholder management