Senior IT Internal Audit Officer📣 Job Ad

About the Opportunity

Derayah Financial is seeking a Senior IT Internal Audit Officer to join our team in Riyadh, Saudi Arabia. This full-time role is central to performing IT and Cybersecurity internal audit assignments, ensuring that all audit activities align with the objectives and expectations of the Internal Audit function and the organization as a whole, while strictly adhering to the International Standards for the Professional Practice of Internal Auditing (IPPF).

Role Purpose and Impact

The Senior IT Internal Audit Officer provides independent assurance to the Audit Committee and Management regarding the adequacy and effectiveness of governance processes, risk management, and internal control systems. This position also offers advisory and consulting support, as needed, to enhance organizational performance and strengthen internal controls across the company.

Key Responsibilities

• Contribute to the implementation of relevant initiatives and projects in line with local and international best practices, ensuring alignment with the Company's strategic priorities.
• Contribute to the development, implementation, and compliance with Internal Audit policies and procedures to ensure adherence to all applicable procedural and regulatory requirements.
• Support the evaluation of the Company’s IT and Cybersecurity environment, and contribute to the review of financial and operational processes to assess the effectiveness and efficiency of existing controls and procedures, identify opportunities for improvement, and ensure compliance with quality standards.
• Assist the team in following up on audit findings and corrective actions, and prepare periodic progress reports for the Head of Internal Audit.
• Support the preparation and review of reports related to Internal Audit activities and achievements, ensuring accuracy, timeliness, and compliance with the Company's policies, standards, and reporting requirements.
• Contribute to the preparation, execution, and periodic update of the annual risk-based internal audit plan.
• Provide support in delivering advisory and consulting services to Management and relevant business units, as directed by the Head of Internal Audit, without compromising the independence, scope, or execution of the Internal Audit Plan.
• Support coordination with external auditors and regulatory authorities by facilitating access to required reports and information, subject to the approval of the Head of Internal Audit. Monitor management's implementation of recommendations issued by regulatory authorities.

Qualifications and Experience

Candidates for this role should possess:

• 2-5 years of relevant experience in IT internal audit, cybersecurity audit, or a related field.
• Demonstrated understanding of IT and Cybersecurity environments, governance processes, risk management, and internal control systems.
• Familiarity with International Standards for the Professional Practice of Internal Auditing (IPPF).

Work Environment

This is a full-time position based in our Riyadh office, offering an opportunity to contribute to a dynamic financial institution within Saudi Arabia.

Application Process

Interested candidates are encouraged to apply for this position.