Managing Director – Internal Audit | Dubai, UAE

Managing Director – Internal Audit

Ernest Hunter Green Ltd Dubai, United Arab Emirates

Job Title: Managing Director – Internal Audit

Location: Dubai, UAE

Department: Internal Audit

Job Summary:

We are seeking an experienced and highly skilled Managing Director – Internal Audit to lead our internal audit function. This role requires deep expertise in financial and operational risk management across Corporate, Private Banking, Retail Credit, Treasury, Investments, Governance, Operations, and Retail. The successful candidate will be responsible for ensuring the effectiveness of internal controls, adherence to regulatory requirements, and the protection of the Group’s assets.

Key Responsibilities:

• Develop and implement the annual audit plan, ensuring comprehensive coverage of the Group’s domestic operations.
• Evaluate and improve internal policies, procedures, and regulatory compliance to mitigate financial risks and potential losses.
• Lead and oversee risk assessment processes, identifying areas of improvement and cost-saving opportunities.
• Ensure alignment with international auditing standards (SPPIA, Basel Committee best practices) and regulatory guidelines.
• Establish and maintain strong relationships with executive management, external auditors, and regulatory bodies.
• Provide strategic recommendations to enhance governance, risk management, and internal controls.
• Manage special investigations and audits as directed by the Group Chief Audit Executive (GCAE).
• Oversee recruitment, performance management, and professional development of the internal audit team.
• Promote a cost-conscious and efficiency-driven culture, optimizing operational benefits for the bank.
• Ensure compliance with AML, CTF, sanctions, fraud control, and other regulatory requirements.
• Act as a key stakeholder in the Three Lines of Defence framework, providing assurance on risk management processes.

Candidate Requirements:

• Education: Bachelor’s/Master’s degree in Finance, Economics, Accounting, or Banking (Master’s preferred).
• Certifications: Preferably CIA (Certified Internal Auditor). Other qualifications such as CA, CMA, CPA, or ACCA will also be considered.
• Experience:
  • Minimum 18 years of audit experience in major international corporate banks.
  • At least 12 years in a senior leadership role within a global banking environment.
• Technical Knowledge:
• Strong understanding of banking products, services, and operations.
• Expertise in risk management, Basel regulations, and international auditing standards.
• Knowledge of International Accounting Standards and best practices in auditing.
• Excellent leadership, strategic thinking, and problem-solving skills.
• Strong communication and interpersonal abilities, with the capacity to influence stakeholders.
• Ability to work under pressure, manage diverse teams, and drive operational excellence.
• Detail-oriented, self-motivated, and results-driven approach to internal auditing.

Why Join Us?

This is a high-impact leadership role at a top-tier financial institution in Dubai. You will have the opportunity to drive strategic audit initiatives, shape governance frameworks, and lead a high-performing team in a dynamic and evolving banking landscape.

Apply Now! If you meet the criteria and are ready to take on this challenging and rewarding role, submit your application today.