Internal Control Manager📣 إعلان

About the Role

The Trade Bank of Iraq (TBI) is seeking an experienced and detail-driven Internal Control Manager to lead the Internal Control function at its branch in Riyadh, Saudi Arabia. This full-time role involves designing, implementing, and monitoring the branch's internal control framework across all business and support functions.

Role Purpose and Context

This position is critical for ensuring the effectiveness of the branch's second-line control environment, maintaining the accuracy and integrity of its records and transactions, and ensuring continuous alignment with Saudi Central Bank (SAMA) requirements, Head Office standards, and approved internal policies and procedures. The Internal Control Manager will conduct control testing and reviews, identify control gaps, track remediation of findings, and report on the overall status of the control environment to senior management.

Key Responsibilities

• Develop, implement, and maintain the branch's internal control framework, standards, and related policies and procedures in line with SAMA requirements and Head Office standards.
• Prepare and execute the annual internal control review and testing plan, covering all business and support functions.
• Perform day-to-day and periodic control checks over transactions, account opening files, payments, expenses, reconciliations, and other operational activities, documenting results.
• Identify control weaknesses, exceptions, and root causes; assess their impact; and recommend practical corrective and preventive actions.
• Track and follow up on the timely implementation of remediation actions from internal control reviews, internal and external audit findings, and regulatory examinations.
• Maintain the branch's issues and findings register, escalating overdue or high-risk items to senior management.
• Review new and amended policies, procedures, products, and processes to ensure adequate controls and appropriate segregation of duties are embedded before implementation.
• Assess the design and operating effectiveness of controls over key processes, including delegation of authority, access rights, dual control, and limits.
• Support the branch's risk and control self-assessment (RCSA) exercises in coordination with the Risk function and process owners.
• Prepare periodic internal control reports, dashboards, and management information for the CEO, senior management, and relevant committees.
• Coordinate with internal audit, external auditors, and regulatory examination teams, providing required documentation and evidence.
• Promote a strong control culture across the branch through awareness sessions, staff guidance, and ongoing engagement with process owners.
• Maintain accurate, complete, and confidential control records, working papers, and documentation in line with the Bank's record-retention requirements.

Candidate Profile and Requirements

The ideal candidate will possess strong technical knowledge of banking operations and control frameworks, combined with sound analytical judgment, high integrity, and independence. The ability to influence and work effectively across all levels of the organization is essential. Candidates should have 5-10 years of relevant experience.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within the Trade Bank of Iraq's branch operations.