Team leader–Internal Audit Manager
Ahli United Bank- Egypt
Total years of experience :14 years, 5 Months
• Responsible for the Retail and operation audit function within AUB Egypt reporting to Head of Audit.
• Execute the approved Audit Plan as approved and report deviations if any on timely basis with adequate justification.
• Provide regular updates on the execution of the audit plan and the stages of each assignment.
• Provide independent and objective assurance through the audit reports to the Board of Directors and the Audit committee on the adequacy & effectiveness of the internal control, the risk management & governance processes.
• Manage audit team and lead audits to ensure the compliance with laws, regulations, policies and procedures of the bank.
• Review for audit working papers and testing sheets.
• Validate the audit evidence and sign off the audit projects on the audit system(TM+).
• Develop Audit programs and provide on-Job training to the team members.
• Coach and convey audit techniques to the audit team.
• Ensure proper and timely rectification of audit issues & the implementation of the agreed action plans.
• Conduct periodic meetings with the stakeholders in order to ensure mutual understanding of risks/ challenges and sufficiency of related controls.
• Coordinate and liaise with other external assurance providers such as External Auditors & regulatory parties.
• Participate on ad-hoc & consultancy reviews upon senior management or Audit committee request.
• Execute the approved Audit Plan as approved and report deviations if any on timely basis with adequate justification.
• Provide regular updates on the execution of the audit plan and the stages of each assignment.
• Provide independent and objective assurance through the audit reports to the Board of Directors and the Audit committee on the adequacy & effectiveness of the internal control, the risk management & governance processes.
• Manage audit team and lead audits to ensure the compliance with laws, regulations, policies and procedures of the bank.
• Develop Audit programs and provide on-Job training to the team members.
• Ensure proper and timely rectification of audit issues & the implementation of the agreed action plans.
• Conduct periodic meetings with the stakeholders in order to ensure mutual understanding of risks/ challenges and sufficiency of related controls.
• Coordinate and liaise with other external assurance providers such as External Auditors & regulatory parties.
• Participate on ad-hoc & consultancy reviews upon senior management or Audit committee request.
• Assist in Managing the audit department functions in line with the Audit and Risk Review policy manual, charter, strategy, objectives and mission. Assist in analyzing the systems of Internal Control with view to ensure that risk-based approach is being implemented and updated/assist in introducing audit tools for improving effectiveness, efficiency through planning and executing audit assignments of branches Regions, micro finance units, and different bank’s departments. Identify control weaknesses and exposures in the system/structure and recommend opportunities/enhancements/corrective actions to improve the efficiency and effectiveness of controls in order to safeguard client’s assets.
• Participate in the Execution of the annual audit plan, as approved including any special tasks requested by Chief ARR in order to assess the efficiency and effectiveness of the internal control systems
• Ensure proper and timely rectification of audit findings
• Participate in periodic meetings with the business heads and staff in order to ensure mutual understanding of risks/ challenges that may encounter all assigned departments and sufficiency of related controls
• Whenever assigned as team leader in a certain mission, Supervise the work performance in terms of time, adequacy of resources, and proper work allocation to ensure that timely and quality reports will be produced in accordance to the approved plan
• Whenever required, participate in fraud investigations/special reviews to identify responsibility for any loss or failure to comply with policy/procedure and recommend enhancements to systems and/or procedures in order to minimize the risk of recurrence and provide draft report for line management review and approval.
• And any other assigned Tasks
• Assist in performing the audit department functions in line with the Audit and Risk Review Division strategy, objectives and mission. Assist in analyzing the systems of Internal Control with view to ensure that risk-based approach is being implemented and updated/assist in introducing audit tools for improving effectiveness, efficiency through planning and executing audit assignments of branches Regions, micro finance units, Financial Reporting & Corporate Services and Subsidiaries, Operations and Consumer Banking.
• Participate in the Execution of the annual audit plan, as approved including any special tasks requested by Chief ARR in order to assess the efficiency and effectiveness of the internal control systems
• Performance Indicator: Preparing the working papers (including Risk Appraisal Profiles, Review Planning Documents, Tailored Review Programs, Sampling Techniques and the final audit reports) then submit the report to the head of function as described above for approval
• Assist in ensuring proper and timely rectification of audit findings
• Performance Indicator: assessment of all open issues and past due CAPs
• Whenever required, participate in fraud investigations/special reviews to identify responsibility for any loss or failure to comply with policy/procedure and recommend enhancements to systems and/or procedures in order to minimize the risk of recurrence and provide draft report for line management review and approval.
• Performance Indicator: A Fraud case is being documented highlighting the role of the auditor in the fraud case or the special assignment and any other assigned Tasks.
• Process all LGs operations, with strict compliance with Bank’s policies and procedures, Latest URDG regulations and local markets practices / regulatory requirements for all types of LGs transactions.
• Process all import/export bills (IBCs / OBCs) operations with strict compliance with Bank’s policies and procedures.
• Adhere to established work instructions to ensure that error free services are delivered to customers within prescribed turnaround response time.
• Apply bank policies and procedures and process transactions within established workaround time.
• Processing of all items in order to achieve quality standards of service and accuracy.
• Prepare MIS accurately to meet target time.
• Processes all trade instruments with strict compliance with bank’s policies and procedures, ICC/UCP/URC regulations and local markets practices /regulatory requirements for all types of trade transaction.
• Supervise reconciliation for all GLs and accounts related to Trade Finance Operation department on monthly basis
• Control and approve the booking of contracts and all related account maintenance.
• Apply credit approval terms and conditions, capping and restrictions, while handling collaterals on all corporate, business banking and retail customers.
• Handling the management of collaterals on system regarding the fully secured crop. And business banking clients
• Manage Corporate Operation portfolio including Syndications, Top Tier & Large Corporate, Financial instructions banks and non-banks, Public Sector and Commercial banking.
• Manage leasing portfolio by reviewing all operational transactions such as Booking of contracts, disbursement of funds, reschedules of installments and settlements related to leasing contract.
• Manage SME’s, NPL customers and Business banking customers’ portfolios.
• Reviews and checks Perform Booking of contracts, disbursement of funds, reschedules and settlements till pay-off within the approved SLA.
• Approve indirect facilities granted to corporate and retail customers.
• Supervise the implementation of CA terms and conditions as well as disbursement conditions related to import & export contracts, supply / purchase orders and Islamic contracts terms.
• Monitor customer’s checks portfolio (Guarantee & PDC’s) according to risk conditions and control related concentrated ratios.
• Handle borrowing and transactional documents related to all clients within the SLA and forward it to the related department.
• Report clients PO & contracts status & calculate related D/P on daily and weekly basis to CR. Admin to adjust client commitment limit accordingly.
• Manage (daily and monthly) dash board for corporate finance Credit Operation transaction to improve productivity.
• Supervise reconciliation for all GLs and accounts related to corporate finance credit Operation department on monthly basis.
• Report and calculate clients PDC portfolio D/P to credit admin end of each week to adjust client commitment limit accordingly.
• Handling business banking customers according to the fully secured program regarding indirect facilities documentation.
• Handle leasing portfolio by proceed all operational transactions such as Booking of contracts, disbursement of funds, reschedules of installments and settlements related to leasing contract.
• Prepare department monthly exhibits and reports required on weekly basis.
• Handling department daily MIS up-date for SME’s and B. banking customers.
• Custodian of the department register and handling department scanning and filling of original documents onto the new scanning system
• Handling transactional documents review related to performing corporate customers.
• Maintain the required alert for the daily submitted E-mails through the group and daily review of requests while confirm answering all requests in a correct time frame according to the agreed TAT and approved SLA.
• Prepare the department daily tracking of KPI ‘s for the monthly dashboard
• Handling all operational aspects related to Corporate Credit Operations activities.
• Responsible for booking Islamic product as (Mudarbaha-Murabha-Wekala) for SMEs, commercial, Corporate TTLC segment.
• Responsible for issuing approval for LGs and LCS for bossiness banking SMEs, commercial, Corporate TTLC segment.
• Preparing PDCs (posted dated CHQs) position to calculate drawing power.
• Processes all cash/ operational transactions within his limits that can’t be affected at Self- Service Zone.
• Reviews and checks all operations transactions (remittances / settlements) above service teller’s limit.
• Reviews and manages the currency positions through handling the F.X. deals with Head Office reporting and obtains approvals from dealing room.
• Checks and reviews cash box and checklists, and relative cash balancing reports & register.
• Handles the requested old records and necessary archiving.
• Prepares Cash Reports and submits to the direct manager to review and approve
• Ensures implementation of all Bank policies and procedures as per set limits and given signature authority.
• Ensures abiding to Bank policies, procedures, KYC and all related Compliance regulations and procedures.
• Handles ATM control activities.
• Proactively monitors tests and checks controls and compliance with policies and procedures.
• Focuses on reading relevant circulars and procedures and updating himself/herself and team members.
• Spots and handles all cross-selling opportunities for opening account to beneficiaries of CHQs or transfers.
• Conducts performance appraisals sessions of his direct report in due time. Reviews and approves the performance appraisals conducted by his first liners to their subordinates, ensuring a timely, efficient and objective Performance Management process.
• Monitors the implementation of the on-the-job training to ensure an on-going skills development process to increase team competence and motivate them to grow the Bank’s business and deliver quality results.
Quality & Service:
• Receive and process cash / cheque deposits from customers.
• Process all cash/ operational transactions within limits that can’t be processed at Self- Service Zone.
• Verify customers’ signatures within limit and obtain proper verification for over limit.
• Process special instructions concerning different customers’ transactions.
• Handle customer inquiries/ issues & escalating complaints to Operation Head.
• Ability to handle large volumes of cash.
CBE, Compliance, Audit, Procedures:
• Preparing Cash Reports
• Ensure abiding by & implementation of all Bank policies and procedures as per set limits and given signature authority as well as all compliance/ CBE requests.
Sales:
• Promote and sell full range of products to meet sales targets, while creating leads / referrals on a daily basis to Speed Banking / Advising Zone.
• Spot and handle all cross-selling opportunities for opening account to beneficiaries of CHQs or transfers.
The Corporate Finance and Credit Training Program is an intensive classroom experience designed to provide a solid, practical foundation in financial, credit and risk analysis. Specific modules throughout the program focus on critical knowledge areas and core skills such as market economics, accounting, applied corporate finance, financial modelling, M&A/ valuation analytics, capital markets products, and credit and risk analysis.