Director of Internal Audit

We are seeking an experienced Director of Internal Audit to lead the internal audit function of a leading financial services organization in Saudi Arabia, ensuring effective governance, risk management, regulatory compliance, and internal controls. Key Responsibilities: • Lead the internal audit strategy, risk-based audit planning, execution, and reporting in accordance with international auditing standards. • Oversee financial, credit, operational, regulatory, IT, and cybersecurity audits. • Evaluate internal controls across the full financing cycle, including credit origination, collections, provisions, IFRS 9, and Expected Credit Losses (ECL). • Strengthen corporate governance, risk management, and internal control frameworks. • Report to the Audit Committee, manage regulatory examinations, and oversee remediation of audit findings. • Lead and develop the internal audit team, ensuring independence, quality assurance, and continuous improvement. Requirements: • 10+ years of experience in banking or financial services, including 8+ years in internal audit and 5+ years in leadership. • Direct experience within Saudi banks or finance companies is essential. • Strong knowledge of Saudi Central Bank (SAMA) regulations, governance frameworks, and internal auditing standards. • Proven experience in Audit Committee reporting, financial and credit audits, and regulatory engagement. • Bachelor's degree in Accounting, Finance, Auditing, or a related discipline. • CIA, CPA, SOCPA, ACCA, or CISA certification required (CIA preferred). • Experience in IPO readiness, listed-company governance, and CMA requirements is an advantage. • Eligibility to obtain SAMA no-objection for appointment. Interested candidates are encouraged to apply or share their profiles for confidential consideration. #Hiring #InternalAudit #DirectorOfInternalAudit #Banking #FinancialServices #SAMA #SaudiArabia #ExecutiveSearch

10+ years of experience in banking or financial services, including 8+ years in internal audit and 5+ years in leadership. Direct experience within Saudi banks or finance companies is essential. Strong knowledge of Saudi Central Bank (SAMA) regulations, governance frameworks, and internal auditing standards. Proven experience in Audit Committee reporting, financial and credit audits, and regulatory engagement. Bachelor's degree in Accounting, Finance, Auditing, or a related discipline. CIA, CPA, SOCPA, ACCA, or CISA certification required (CIA preferred). Experience in IPO readiness, listed-company governance, and CMA requirements is an advantage. Eligibility to obtain SAMA no-objection for appointment.

Lead the internal audit strategy, risk-based audit planning, execution, and reporting in accordance with international auditing standards. Oversee financial, credit, operational, regulatory, IT, and cybersecurity audits. Evaluate internal controls across the full financing cycle, including credit origination, collections, provisions, IFRS 9, and Expected Credit Losses (ECL). Strengthen corporate governance, risk management, and internal control frameworks. Report to the Audit Committee, manage regulatory examinations, and oversee remediation of audit findings. Lead and develop the internal audit team, ensuring independence, quality assurance, and continuous improvement.