Internal Auditor

Job Purpose:

• Contribute to maintaining a professional, efficient & cost-effective internal audit of all activities of Byblos Bank Europe. Ensure that best audit practices are adopted and duties are undertaken in a professional manner in line with the globally accepted framework of the internal auditing profession. Advise the Management Committee on all key matters to the Bank.

Lines of Reporting:

• The Internal Audit function reports functionally to the Audit and Risk Committee and administratively to the Chief Executive Officer.
• The Senior Internal Auditor reports directly to the Chief Audit Executive.

Duties & Responsabilities:

1. Assist the Head of Audit in reflecting targets & standards determined in conjunction with the Management Committee and Audit and Risk Committee.
2. Control the function’s activities as planned & agreed with the Audit and Risk Committee in accordance with BBE and Group audit methodology & international standards (e.g. IIA).
3. Plan, undertake, review, report and follow-up on scheduled & ad hoc reviews.
4. Follow up on action plan agreed by auditees and highlight any failure to implement agreed recommendations on or by established target date.
5. Assess and report the effectiveness of internal control systems & their compliance with rules, procedures, applicable laws & local regulations.
6. Provide when relevant advice on new / revised procedures & controls, implementation of new products / systems and other key matters as warranted.
7. Add value to the bank by improving effectiveness of risk management, control and governance processes.
8. Assist the Head of Audit in

• Developing & maintaining up-to-date Internal Audit programs covering all aspects of the Bank’s business to be reviewed by Internal Audit, including the London and Paris Branches.
• Liaising with external auditors, regulators and agencies to the maximum extent consistent with professional standards & commercial confidentiality.

Education Level:

• Educational background in Business Administration, Finance accounting or other related fields.
• Professional certifications like CIA, CISA, or any other relevant certification highly desirable or motivated to obtain one.
• Proficiency in English as well as French and/or Dutch.

Experience:

• Minimum 5 years of relevant external and/or internal Audit experience desirably in a Big4 and/or international financial institution.
• Confident to perform audits in domains of Transaction Services (i.e. Trade Finance, payments), , Liquidity, Finance, Credits, Compliance (a.o. Anti-Money Laundering and Terrorism of Financing) and willing to expand or deepen experience further in auditing other relevant domains.
• Affinity with or applied knowledge of norms providing assurance on the IT General Controls.

Education Level:

• Educational background in Business Administration, Finance accounting or other related fields.
• Professional certifications like CIA, CISA, or any other relevant certification highly desirable or motivated to obtain one.
• Proficiency in English as well as French and/or Dutch.

Experience:

• Minimum 5 years of relevant external and/or internal Audit experience desirably in a Big4 and/or international financial institution.
• Confident to perform audits in domains of Transaction Services (i.e. Trade Finance, payments), , Liquidity, Finance, Credits, Compliance (a.o. Anti-Money Laundering and Terrorism of Financing) and willing to expand or deepen experience further in auditing other relevant domains.
• Affinity with or applied knowledge of norms providing assurance on the IT General Controls.

Required Competencies

Technical Competencies:

• Business acumen:
• demonstrates an understanding of business objectives, risks associated with the business objectives and how internal controls contribute to the achievement of organisational objectives
• knowledge in assessing alignment of the strategy of areas under audit to the organisational strategy. Considers the mission, strategic objectives, and business nature of the organization.
• Builds expertise in business environment, industry practices and factors specific to the organization.
• Audit Skills: applies the International Professional Practices Framework. Competent to plan and perform audit assignments in line with the IIA Standards in areas of a.o. organisational governance, risk management, internal control, performing the audit engagements (inc