Job Summary
Provide the technical and operational support needed to carry out the desk and on-site monitoring and testing plan for central departments and business sectors, using the examination checklist prepared for this purpose, and submit a report on the examination results, findings, and related recommendations.
Job Responsibilities
- Participate in preparing the annual plan for compliance testing across central departments and business sectors.
- Prepare in advance for examination assignments in line with the approved timeline and testing plan.
- Support the monitoring and testing team in preparing for each assignment, including listing all relevant internal procedures, CBE instructions, and control requirements for the central departments and business sectors, as well as defining the test points and required samples.
- Participate in preparing the examination checklist according to the nature of the business, to verify compliance with internal regulations and CBE instructions and controls.
- Participate in conducting examination assignments and documenting samples and violations identified.
- Participate in discussing the findings identified during the assignment.
- Prepare a report on the examination results, identifying violations, assessing the resulting risk to the bank, explaining root causes, and providing recommendations to remediate them and prevent recurrence.
- Follow up on responses from central departments and business sectors to the findings, and ensure that the proposed corrective actions are taken.
- Participate in preparing the semi-annual examination results report, presented to the Audit Committee and Board of Directors as part of the Compliance Group's annual report.
- Perform any other organizational or administrative tasks assigned by the Head of Department.
Job Requirements
- Bachelor's degree in Business Administration or any relevant degree.
- 5 to 7 years of experience in banking, including 3 years in Trade finance.
