Job Title: Internal Auditor (Banking Sector) Location: New Cairo, Egypt Department: Internal Audit Reports To: Head of Internal Audit / Audit Manager

Job Purpose: The Internal Auditor will be responsible for conducting independent and objective assurance and consulting activities designed to add value and improve the bank's operations. This role helps the bank accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes, in compliance with internal policies, regulatory requirements, and international best practices.

Key Responsibilities:

• Audit Planning & Execution:

  • Participate in the development of the annual audit plan based on comprehensive risk assessments of banking operations (e.g., retail banking, corporate banking, treasury, trade finance, credit, operations, IT, compliance, finance, HR).
  • Execute assigned audit engagements from planning to reporting within agreed-upon timeframes and budgets.
  • Develop detailed audit programs and test plans, ensuring adequate coverage of identified risks and controls.
  • Conduct fieldwork, including interviews, data analysis, process walkthroughs, and testing of controls.
  • Obtain and analyze audit evidence, ensuring its sufficiency, competency, and relevance to support audit findings.

• Risk & Control Assessment:

  • Evaluate the adequacy and effectiveness of the bank's internal controls, risk management systems, and governance processes.
  • Identify potential control weaknesses, non-compliance with policies/regulations, and areas for operational inefficiencies or process improvements.
  • Assess the level of risk exposure across various banking functions and recommend appropriate mitigation strategies.

• Reporting & Communication:

  • Prepare clear, concise, and constructive audit reports detailing findings, root causes, and practical recommendations.
  • Communicate audit results and recommendations effectively to relevant management and stakeholders, both verbally and in writing.
  • Follow up on the implementation of agreed-upon corrective actions to ensure timely and effective remediation of identified issues.

• Regulatory Compliance & Best Practices:

  • Stay abreast of local banking laws, Central Bank of Egypt (CBE) regulations, international accounting standards (e.g., IFRS), and internal audit best practices (e.g., IIA standards, IPPF framework).
  • Ensure all audit activities comply with relevant regulatory requirements and internal audit methodologies.
  • Contribute to the continuous improvement of internal audit processes, methodologies, and tools.

• Collaboration & Professional Development:

  • Collaborate effectively with other internal audit team members, management, and external auditors/regulators as needed.
  • Maintain a high degree of confidentiality and objectivity throughout all audit engagements.
  • Pursue continuous professional development opportunities, including relevant certifications (e.g., CIA, CISA, CFE).

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field from a reputable university.
• [Specify Experience Level, e.g., 2-5 years] of progressive experience in internal audit, external audit, or risk management within the banking or financial services sector.
• Strong understanding of banking operations, products, and services.
• Solid knowledge of internal audit standards, risk assessment methodologies, internal controls, and corporate governance principles.
• Familiarity with Egyptian banking regulations and CBE guidelines.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint). Experience with data analytics tools (e.g., ACL, Idea) or ERP systems is a strong plus.
• Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA) are highly preferred or in progress.

Skills:

• Excellent analytical, problem-solving, and critical thinking skills with strong attention to detail.
• Strong written and verbal communication skills in both Arabic and English.
• Ability to work independently and as part of a team in a dynamic environment.
• High level of integrity, objectivity, and ethical conduct.
• Strong organizational and time management skills, with the ability to manage multiple tasks and meet deadlines.
• Proactive and eager to learn and adapt to new challenges and technologies.