Noor Bank Careers – Share this Job Internal Control Specialist

Job Description

To conduct independent process control reviews at Ops units. and preparation of review checklists and sample checking of documents etc with Sharia’a, Regulatory Guidelines, bank’s policy across all the units of Centralized Ops.Review all policies, procedures of the units to ensure these are current, duly approved and cover requisite regulatory/legal compliance requirements.Issue Risk reports to Higher Management of Ops (Head of Operations)Governance and Control/Monitoring of the activities outsourced.Assisting the Unit Operational Risk Manager (UORM) in executing Operational Risk related activities.Monitoring of periodic Proofs and Verification process for all Ops units and daily monitoring of Suspense accounts.Support the rollout of Self-Assessment process (RCSA) across the Operations Dept.Excess management process – Monitoring of Temporary overdrawn accounts for process compliance and approvals etc.Meeting the Internal Audits/External Audits expectations.

Job Responsibilities

• To conduct independent process control reviews at Ops units. and preparation of review checklists and sample checking of documents etc with Sharia’a, Regulatory Guidelines, bank’s policy across all the units of Centralized Ops.
• Implementing sound risk and control framework within the Operation Departments.
• Monitoring the quality of the job performed which is outsourced.
• Ensure the promotion of awareness of customer requirements throughout the Operations.
• Review all policies, procedures of the units to ensure these are current, duly approved and cover requisite regulatory/legal compliance requirements.
• Issue Risk reports to Higher Management of Ops (Head of Operations)
• Governance and Control/Monitoring of the activities outsourced.
• Assisting the Unit Operational Risk Manager (UORM) in executing Operational Risk related activities.
• Monitoring of periodic Proofs and Verification process for all Ops units and daily monitoring of Suspense accounts.
• Support the rollout of Self-Assessment process (RCSA) across the Operations Dept.
•  Excess management process – Monitoring of Temporary overdrawn accounts for process compliance and approvals etc.
• Meeting the Internal Audits/External Audits expectations.

Job Requirements

• Minimum 10 years’ experience in financial institutions
• Hands on experience of Intellisuite Recon system and Iflex system
• Understanding the Operational Risk guidelines.
• Understanding of Trade, Treasury, Liability and Asset Products under Sharia’h principles
• Understanding of Recon process.
• Strong accounting skills, analytical skills and background of system and Swift alliance.

Job Details

Company: Noor Bank

Vacancy Type: Full-time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

APPLY HERE

careers-trivia.com