IMI CIB - ISPBL - Senior Internal Auditor

Scope and Purpose

Responsible for dealing and managing problems related to laws and regulations and supporting internal stakeholders in legal issues ensuring smooth business operations Evaluating the adequacy of the Bank processes as well as the effectiveness of the designed Internal Control System in place. Identifying areas of improvements, proposing effective and measurable recommendations for the improvement the quality of the Internal Controls and mitigating the residual risk. Analysing anomalies and discrepancies observed during the audit fieldwork and their impact on the process, the full respect of the regulatory framework, assessing the relevance of each audit finding and evaluating the Residual Risk of the audited process/area of the Bank. Carrying out the audit activities following risk-based approach: analysis of the audited process, application of the main ISA recognized auditing techniques, conducting inquiries and walk-throughs procedures and finalizing clear findings and related implications. Ensuring the quality of working papers, the reliability, accuracy and completeness of the audit work in order to demonstrate adequately the coverage of the audit objectives. Drafting clear audit reports following the internal standards, formulate objective and measurable recommendations in order to strengthen the internal control system of the Bank operations. 

Required Experience

At least 3 years of professional experience in internal or external audit (Big Four) in the Banking industry, in risk management, credit or in accounting. 

Required Qualifications, Skills and Knowledge

Master degree in audit, finance, accounting or equivalent; Recognized audit qualifications is an advantage Excellent knowledge of Local banking regulatory framework (issued by CSSF and BCL); Good knowledge of IFRS standards, accounting and financial reporting; Good knowledge of Basel principles, for matters related to liquidity, interest rate risk, credit risk, etc. Good expertise in Financial Risks audit activities and/or Credit area; Excellent spoken and written communication skills in French and English, Italian would be an asset; Liquidity and Interest Rate Risk Auditing techniques, good knowledge of ICAAP, ILAAP and Recovery Plan processes.