QNB3383 - Vice President - Global Financial Crime Audits

About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Summary

The incumbent should have the required skills, knowledge and competence to focus on a wide range of risks in different businesses, particularly on financial crime risks (FCR) and to contribute to the evolution of the Financial Crime Audit strategy. The responsibility includes leading and managing the Head Office Financial Crime Compliance, International Branches’ and International Subsidiaries’ Financial Crime Compliance audits covering both first and second lines of defence to assess the Group’s programs to combat financial crime risks across different jurisdictions, divisions, and portfolios, in line with approved audit plan and applicable best practices, including but not limited to the Standards for the Professional Practice of Internal Auditing (SPPIA), and applicable local regulatory requirements. Moreover, this position will be responsible for Planning, overseeing and directing the activities of the FCR audit team to achieve the goals of the FCR audit through setting clear and measurable targets. The above role will also extend to the secondary responsibilities assigned to the incumbent in terms of specific audit activities / functions / departments and special projects covering Head Office, International branches and subsidiaries, as assigned by his superiors, in addition to his primary responsibilities. The above covers Domestic & International businesses, covering both International branches and subsidiaries.

Experience

• Development of a comprehensive FCR Audit Coverage Framework to cover the role and mandate of FCR Audit team through dedicated FCR Audits, the role of all other Audit teams within GIAD through other audit assignments covering FCR related areas. The framework should encompass areas including key FCR regulatory developments, key international regulatory standards and guidelines, FCR audit universe and FCR audit approach.
• Identifying FCR universe and ensuring all risks are covered either through dedicated financial crime audits or through other audits by Group Internal Audit.
• Performing the FCR assessment for Head Office and International branches considering various risk elements to develop the Financial Crime annual audit / risk review plan for submission, based on the FCR assessment conducted for the incumbent’s area of responsibility.
• Assessing the adequacy and effectiveness of the Bank’s financial crime compliance framework and its implementation across both lines of defence at Group level, including international branches and subsidiaries.
• Performing End-to-End financial crime audits across the first & second lines of defence including all lines of business, support and control functions, and making recommendations that address root causes & specify expected outcomes.
• Close coordination with all other audit teams within Group Internal Audit to enhance the FCR audit standards, and provide guidance and support to ensure adequate and consistent coverage of FCR in respective audits.
• Integrate data analytics into audit methodology. Use of data analytics to identify different data patterns to identify control breakdowns and crystallized risk missed by First & Second Lines.
• Implement and execute the FCR Audit plan approved by the Group Board Audit & Compliance Committee and ensure completion of the same within the assigned period. Also responsible for submitting status reports on the various assignments in progress to the SVP Special Reviews and Global Financial Crime Audits explaining the reasons for the delay in the completion of individual assignments, if applicable.

Qualifications

Note : you will be required to attach the following :

Seniority level

Employment type

Job function

Industries

#J-18808-Ljbffr