Head of Audit Section

Lead the Wholesale Banking Audit function by providing independent assurance over the effectiveness of governance, risk management, and internal controls across Wholesale Banking, Corporate Banking, Treasury, Financial Markets, and related support functions. The role is responsible for delivering a risk-based audit plan, evaluating emerging risks, ensuring compliance with regulatory requirements, and providing strategic insight to Executive Management and the Audit Committee. Key Responsibilities - Develop and execute the annual risk-based audit plan for Wholesale Banking and Treasury. - Lead audits covering Corporate Banking, Commercial Banking, Credit, Treasury, Financial Markets, Trade Finance, Cash Management, Financial Institutions, and Investment Banking activities. - Assess the adequacy and effectiveness of governance, internal controls, and risk management practices. - Evaluate Wholesale Banking credit lifecycle controls, including origination, underwriting, approval, portfolio management, monitoring, and remediation. - Review Treasury activities including liquidity management, market risk, asset and liability management (ALM), foreign exchange, investments, and capital markets. - Assess compliance with SAMA regulations, Basel requirements, internal policies, and applicable banking regulations. - Present audit reports, key risks, and recommendations to Executive Management and the Audit Committee. - Monitor remediation of audit findings and ensure timely implementation of corrective actions. - Identify emerging risks and recommend improvements to strengthen governance and control frameworks. - Lead, coach, and develop the Wholesale Audit team while promoting continuous improvement and audit quality. - Coordinate with regulators, external auditors, and other assurance functions to ensure effective audit coverage. Requirements: - Bachelor's degree in Accounting, Finance, Business Administration, Economics, or a related discipline. - Professional certification such as CIA, CPA, ACCA, CISA, or CFA is highly desirable. - 12–15+ years of banking Internal Audit experience, including at least 5 years in a senior leadership role. - Extensive experience auditing Wholesale Banking and Corporate Banking portfolios. - Strong background in Wholesale Banking Risk Management, including Corporate Credit Risk, Portfolio Management, Credit Governance, and Risk Appetite Frameworks. - Proven experience auditing Treasury and Financial Markets, including ALM, Liquidity Risk, Market Risk, Investments, Foreign Exchange, and Capital Markets. - Experience evaluating large corporate lending, syndicated finance, trade finance, structured finance, and cash management controls. - Strong understanding of banking products, credit processes, treasury operations, and regulatory expectations. - Experience presenting audit opinions and strategic recommendations to executive committees and Board-level stakeholder Nationality: Saudi

Develop and execute the annual risk-based audit plan for Wholesale Banking and Treasury. Lead audits covering Corporate Banking, Commercial Banking, Credit, Treasury, Financial Markets, Trade Finance, Cash Management, Financial Institutions, and Investment Banking activities. Assess the adequacy and effectiveness of governance, internal controls, and risk management practices. Evaluate Wholesale Banking credit lifecycle controls, including origination, underwriting, approval, portfolio management, monitoring, and remediation. Review Treasury activities including liquidity management, market risk, asset and liability management (ALM), foreign exchange, investments, and capital markets. Assess compliance with SAMA regulations, Basel requirements, internal policies, and applicable banking regulations. Present audit reports, key risks, and recommendations to Executive Management and the Audit Committee. Monitor remediation of audit findings and ensure timely implementation of corrective actions. Identify emerging risks and recommend improvements to strengthen governance and control frameworks. Lead, coach, and develop the Wholesale Audit team while promoting continuous improvement and audit quality. Coordinate with regulators, external auditors, and other assurance functions to ensure effective audit coverage.