Internal Audit Head - Saudi and Iraq

The Head of Audit – Saudi Arabia and Iraq is responsible for performing audits and assessments of Citi’s risk and control environments in coordination with the Audit team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do

The overall objective is to apply in- depth disciplinary knowledge through value-added perspectives or advisory service to help Citi reach business goals.’

• Execution of Country Audit assurance plan in line with Citi IA methodology by understanding regulatory landscape and key risks related to Citi franchise, overseeing, and reviewing work completed by other team members and identifying opportunities for enhancing efficiency and quality of delivery.
• Delivering on time high quality Audit reports, Internal Audit and Regulatory issue validation, as well as business monitoring and governance committee reporting.
• Providing oversight as Audit Controller for other countries in Middle East and Africa (MEA) cluster in Country audits and issue validations as required.
• Leading, providing supervision, and developing medium-sized team of auditors within the cluster to ensure quality audit and regulatory delivery.
• Representing Citi IA function in discussions with regulators within the cluster and delivering regulatory commitments.
• Partnering with the IA product and functional teams to ensure alignment and focus on critical priorities and oversee strategic coordination; including monitoring progress and tracking actions in achieving stated critical priorities and ensuring effective communication and information flow across team leads.
• Working with IA Quality Assurance (QA) team to address any QA findings, regulatory issues against IA etc.
• Working with IA Management Information (MI) team to analyse audit data in audit systems from a regional perspective; ensuring corrections are made, as required, and following up to ensure errors detected are sustainably addressed.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
• Maintaining an appropriate, pro-active, constructive, solutions-driven relationship as the independent auditor with the Citi Country Officer (CCO); and support the CCO in the fulfilment of their responsibilities in respect of governance, risk management and internal control.
• Ensuring the Audit Committee, CCO and in-country Management receives prompt, timely and complete information relating to the activities of Internal Audit as part of governance forums and regular updates.

What we’ll need from you

• Minimum 12 years of experience (with at least 8 years in banking)
• Higher degree or related certifications (ACCA, CIA, CPA, ACA, CFA, CISA, CAMS or similar) is mandatory.
• Experience in working with global teams and dealing with integrated internal audit and assurance delivery.
• Prior experience of conducting risk-based audits and presenting results to management.
• Experience in managing regulatory relationships and presenting insights into governance committees.
• Knowledge and experience of risk issue management criteria, tools, and methods.
• Understanding of how risks and control deficiencies need to be prioritized and remediated across the first and second line of defence
• Critical thinking is a key requirement of the role, as themes related to risks and issues around the organization will be identified and presented to key stakeholders, such as senior management, the Audit Committee, Board, regulators, and external audit functions.
• Effective leader, being able to manage and develop auditors with different experience and background, building a culture of trust, support, and accountability.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

By joining Citi Saudi, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.