خالد نجم

-Perform various audit assignments including: Debt Capital Markets, Treasury
activities/products, Investment portfolios, Internal and external Funds, Equity
Investments, Principal Investments, Risk Management, Financial Control, Human
resources, Reconciliation of Nostro &custody accounts, etc. In addition to performing
audit of subsidiaries and associates.

- Assist Head of Internal Audit in updating the Audit Universe and preparation of
Audit annual plan and budget.
- Prepare audit planning memorandum, Control matrices (Risk assessment sheets), and
audit programs for review by Head of Internal Audit.
- Conduct required testing of existing internal controls and document work performed,
in a separate working paper file for Head of Internal Audit's review.
- Discuss audit findings/ recommendations at the end of each assignment with the
concerned Division/Department's Head.
- Identify possible root causes for observed control weaknesses in order to contribute to
a more structural improvement of control frameworks.
- Prepare /submit draft audit reports for the review of Head of Internal Audit.

- Advise Head of Internal Audit of changes in Business operations, Systems, Controls/
risks in the business environment which may impact organization.
- Follow up on audit recommendations to make sure that effective remedial action is
taken as per the agreed timing.
- Develop other staff and supervise audit teams work.
- Review the working paper files prepared by audit staff to ensure completeness and
accuracy before forwarding to Head of Internal Audit for approval.
- Keep updated with organizations policies, procedures, and business products. In
addition to auditing principles & techniques through formal & on job training, PC
tutorials and reading materials, etc.
- Perform special ad hoc investigation assignments requested by Head of Internal
Audit.
- Prepare monthly and periodic summary reports of accomplished audit work, findings
and recommendations.

-Executing the key activities of the Internal Audit
Department including but not limited to (risk
assessment and internal audit planning, internal
audit execution, periodic internal audit follow
up…etc.)
- Identifying, developing, and documenting of audit
observations and recommendations.
- Perform audit procedures, including identifying and
defining observations, developing criteria,
reviewing and analyzing evidence, and documenting
client processes and procedures.
- Participate in meetings and take minutes of
meetings as requested by the IAD;
- Keep abreast of auditing policies and procedures,
current development in accounting and auditing
professions and changes in local laws;
- Ensure safeguard and completion of all files /
records that have been entrusted to the Auditor’s
possession.
- Ensure continuing development and professional
relationships with Auditee personnel;
- Collecting and analyzing complex data, evaluating
information and systems, and drawing logical
conclusions.
- Coordinate with outsource team to implement
technical audit engagements.
- Monitor task assigned to subordinates.

- Delivery of assigned audits in accordance with departmental procedures.
- The preparation of working papers in accordance with departmental procedures and best practice.
- Liaison with Audit Managers/Senior Audit Manager and customers on a daily basis, keeping them abreast of audit progress
- Managing auditors or secondees effectively and efficiently and ensuring that they feel well supported throughout the process.
- Preparing the draft Audit Report for Audit Managers/Senior Manager review prior to closing meetings.
- Participating in the regular company wide assessment process from which the annual plan is derived.
- Delivery of investigation assignments in accordance with departmental procedures.
- Liaison with line management, HR, legal counsel, and authorities on a regular or need to do basis, keeping them abreast of progress for cases under investigation.
- Reviewing and or preparing the draft Investigation Reports for the Senior Manager’s / Director’s review and finalization.
- Ensuring all findings reflect factual content, context and agreed actions to be taken with relevant BU management.
- Participating in the regular company-wide fraud risk awareness and assessment activities.
- Influencing the strengthening of the internal control environment through the sharing of best practices in recommendations.
- Assisting in the detection and prevention of fraud, sharing avoidance strategies and helping to create a centre of fraud prevention excellence.
- Raising fraud awareness and encouraging others to report incidents of fraud or concerns in accordance with the Group’s Policy for the Prevention, Recording and Reporting of Fraud.
- Maintaining the highest standards of confidentiality.

· Undertake risk analysis, identifies risk areas and assist in preparing the annual Audit Plan.

· Perform tests in the Audit Plan and prepares work papers to report on work undertaken.

· Prepare audit reports highlighting weaknesses identified in the system of internal controls, non-compliance with procedures/control systems and instructions, and making recommendations for improvement in response to audit findings.

· Follow the audit procedures to identify and define issues, develop audit criteria, review and analyse evidence, and document processes and procedures.

· Conduct interviews, review documents, develop and administer surveys, compose summary memos, and prepare working papers as part of the internal audit.

· Identify, develop, and document any issues identified in an audit and make recommendations using independent judgment.

· Discuss audit issues with the appropriate managers and obtains their feedback on points reported in the audit.


· Communicate or assist in communicating the results of an audit and ad hoc consulting projects via written reports and oral presentations to management and the Board of Directors.

· Make recommendations on ways to improve the audit work processes.

· Maintain all organisational and professional ethical standards and ensures all internal audit activities carried out or supervised are in compliance with the IIA’s International Standards for the Professional Practice of Internal Auditing (Standards).

· Conduct consulting engagements pertaining the review of policies and procedures of the different business departments if asked to do so by superiors.

· Undertake ad hoc or special audit assignments and investigations as instructed by the Supervisor, Internal Audit or the Manager, Internal Audit.

Ensure the Auditees are in compliance with the policies and procedures of the Bank
and CBK regulations.
• Raising group level observations in quarterly basis (bank wise level risky areas) and
recommend adding new controls on the policy and procedure manual.
• Preparing the assignment’s Audit Programs.
• Defining implications of exceptions on the institute.
• Preparing reports with recommending best practices.
• Developing working papers of documented findings
• Follow up.
• Applying Audit standards when performing assurance activity.
• Collect and analyze data to detect deficient controls, duplicated effort, extravagance,
fraud, or non-compliance with laws, regulations, and management policies.
• Prepare detailed reports on audit findings.
• Supervise auditing of establishments, and determine scope of investigation required.
• Report to management about asset utilization and audit results, and recommend
changes in operations and financial activities.