Auditor - Subsidiaries
Burgan Bank
Total years of experience :12 years, 1 Months
•Ensure that Internal Audit function in all Banks's Subsidiaries (Turkey, Jordan, Tunis, Algeria, Iraq) are complying with the
regulations of Central Bank(s) and the IIA standards through carrying out remote reviews of the quarterly received
reporting packages and conducts on site verification visits for the different subsidiaries annually.
•Handling the process of remote review and onsite visit of the IA function in each subsidiary which ends up with issuance
of audit report starting from the planning phase and ends with follow up on the provided corrective action to be taken by the management.
•Assists the Group Chief Internal Auditor in reviewing/verifying processes of the IA functions (including charters and
procedures manual) of the subsidiaries and ensures that they are in compliance with the Banks IA strategy and
methodology.
•Tracks responses from subsidiaries Internal Audit functions, collects and reviews responses, and reviews the action plan
before approving it by Group Chief Internal Auditor.
•Follows up with concerned subsidiaries to establish action plans expected to remedy any observations (including but not
limited to those made by External Auditors, Central Banks, ICR in addition to Burgan’s Subsidiaries Review Reports) to
ensure the effective implementation and timely execution in an efficient manner.
•Prepare status reports of Subsidiaries to present it to the BAC and BOD.
•Follows up on action plan implementation within Burgan Bank by maintaining a follow up database.
•Initiates the quarterly updates to get the database updated before presenting it to the Board Audit Committee on quarterly
basis.
•Escalates to the Group Chief Internal Auditor any delay/significant issues to deal with, in a timely manner.
•Maintains updated knowledge of local regulatory guidelines and applicable standards in the different local environments of
the subsidiaries.
•Arranges for a group level conference to be conducted on an annual basis, along with the quarterly/semi-annually group
meetings for IA heads.
•Summarize all the documents/Reports related to some Subsidiaries Board Audit Committee which attended by the Group
Chief Internal Auditor as Board Member/Technical Advisor.
•Carries out remote reviews of the quarterly received reporting packages and conducts on site verification visits for the
different subsidiaries annually.
•Assists the Group Chief Internal Auditor in reviewing/verifying processes of the IA functions (including charters and
procedures manual) of the subsidiaries and ensures that they are in compliance with the Banks IA strategy and methodology.
•Follows up with concerned subsidiaries to establish action plans expected to remedy any observations (including but not
limited to those made by External Auditors, Central Banks, ICR in addition to Burgan’s Subsidiaries Review Reports) to
ensure the effective implementation and timely execution in an efficient manner.
•Drafts subsidiaries review reports (remote reviews and onsite visits) proficiently and in a timely manner.
•Tracks responses from subsidiaries Internal Audit functions, collects and reviews responses, and reviews the action plan
before approving it by Group Chief Internal Auditor.
•Assists the Group Chief Internal Auditor in preparing status reports of Subsidiaries to present it to the BAC and BOD.
•Initiates the follow up process on action plans’ implementation within Burgan Bank to get the database updated before presenting it to the Board Audit Committee on quarterly basis.
•Escalates to the Group Chief Internal Auditor any delay/significant issues to deal with, in a timely manner.
•Maintains updated knowledge of local regulatory guidelines and applicable standards in the different local environments of
the subsidiaries.
•Arranges for a group level conference to be conducted on an annual basis, along with the quarterly/semi-annually group
meetings for IA heads.
•Arrange for the BAC (Board Audit Committee) reporting packages maintaining a high standard of presentation
•Initiate and organize the follow up process of all findings resulting from internal audit regular and special reports, CBK
inspection reports, ICR reports, External Auditors' management letter, and the BAC decisions taken.
•Arrange for KBA meetings/ Conference attended by All Internal Audit Heads of Kuwait Banks.
•Review work done by others (quality assurance) before issue it as final to the management, Board Audit Committee and any other external parties.
•Take initiative to identify and deal with problems/issues those arise on behalf of the CIA (Chief Internal Auditor) and the
group to facilitate smooth running and continuity of the business.
•Serves as a liaison between key management personnel, administrative correspondence, memoranda, minutes, reports, etc.
•Maintenance and oversight of files; management of calendars.
•Management of telephone calls; daily oversight and management of incoming and outgoing mail.
•Working knowledge of all records, policies, and publications. Understand and assist with the flow of confidential
information.
•Maintains/Updates personnel records pertaining to departments staff (attendance lists; Employee Leaves, etc.), legal
documentation & other official data.
•Arranges/coordinates staff vacation, personal & business schedules.
•Maintains/Update training records
•Arrange conferences, meetings, and travel reservations for Group Chief Internal Auditor and the Group Members.
•Set up and maintain paper and electronic filing systems for records, correspondence, and other material.
•Conduct internet searches to find needed information.
Collections and L/C (export) department (1 year and 7 months)
•Issues export letters of credit and accepts payments
•Notifies exporters of issuance of letters of credit covering shipment of merchandise.
•Reviews letter of credit documents to determine compliance with international standards. Verifies terms of credit, such as amount, insurance coverage, and shipping conditions to determine compliance with established standards.
•Types letters of credit using the SWIFT System and related documents by computer.
Credit officer (5 months)
•Meet with applicants to obtain information for loan applications and to answer questions about the process.
•Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
•Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
•Review and update credit and loan files.
•Review loan agreements to ensure that they are complete and accurate according to policy.
•Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs.
•Submit applications to credit analysts for verification and recommendation.