Mazen Aldrees

My role as Internal Audit Manager is to perform day-to-day internal auditing risk based approach for the Authorizes Person (AP) of Hong Kong and Shanghai Banking Corporation head office in Saudi Arabia on the internal controls, and business practices by providing an independent, objective assurance and consulting activity that have been designed to add value and improve the organization’s operations. Moreover, our internal audit activity will help HSBC to accomplish its objectives by evaluating and improve the effectiveness of risk management, control and governance processes.

Bank internal controls, and business practices by providing inputs, and participation in all phase’s internal auditing process:
- Planning.
- Execution.
- Reporting.
- Closure.
Of assignments in order to safeguard Riyad Bank internal controls through the implementation of proper internal audit programs.

independent appraisal function established to examine and evaluate its internal control activities as a service to the Bank and its management. IAD is an independent, objective assurance and consulting activity designed to add value and improve Bank's operations. It 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. My role is designed to examine significant facets of an operational and financial process. Furthermore, our working with the management to understand the following:
- The process under review and its business objectives,
- The systems that support it,
- The associated risks and how they are controlled, and
- Whether the controls operate in a consistent and effective manner.
These audits assess the effective and efficient utilization of the Bank’s resources to provide reasonable assurance regarding the attainment of the Bank’s mission and objectives. Moreover, my role is more focused to ensure the existence of an effective control environment that is able to effectively Working in IAD has enabled me to develop a comprehensive understanding about the work flow of accounting, internal control systems implementation, and regulatory environments for diversified divisions, departments, units within the bank. Moreover, during the course of my two years associated with Bank Albilad, I have audited and reviewed components of, and disclosures included in the financial statements of many corporate concerns

My role as Account Receivable Accountant was to preform day to day clerical and administrative, and accounting services to ensure efficient, timely and accurate payment of the

Worked as an Engagement Auditor (Senior-1), I lead teams through the planning, execution and completion stages of statutory audits, validation of financial reporting packages of listed companies, multinational concerns and other varied special nature engagements. My responsibilities entailed engagement management, client relationship management, co-ordination with professionals in various fields like tax, actuarial and IT experts and decision-making for resolution of critical reportable matters. My audit and advisory experience has exposed me to practical implementation and complexities of Saudi Arabian Reporting Standards and best practices in respect of financial and risk. Moreover, during the course of my three years association with the firm, I have audited and reviewed all the major components of, and disclosures included in the financial statements of many corporate concerns; including preparation of annual financial statements and reporting.