Operations & Regulatory Audit Lead

Job Description

Assistant Vice President – Auditor | Mashreq

The Tone:
This is a full-time role at Mashreq, a leading financial institution, focusing on shared services audit. Mashreq is dedicated to providing comprehensive banking solutions and plays a significant role in the financial landscape. This position is vital for maintaining the bank’s robust risk management framework and regulatory adherence by leading and executing critical risk-based audits. The role ensures the effectiveness of controls across key operational areas, supporting the bank’s commitment to compliance and operational excellence.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person

• Team: Shared Services Audit
• Mission: Lead and execute risk-based audits to provide independent assurance over operational and regulatory compliance within Mashreq Bank.
• Tech Stack: RegTech, audit analytics, continuous auditing tools

What You’ll Actually Do
• Audit Leadership & Execution: Lead and execute comprehensive risk-based audits, investigations, and thematic reviews across various operational domains, evaluating the design and effectiveness of controls, identifying gaps, and risk-rating findings.
• Regulatory & Compliance Assurance: Provide independent assurance over AML, Sanctions, Third-Party Risk, and Operations Risk Management (ORM) frameworks, assessing compliance with CBUAE and international regulatory requirements, and supporting regulatory engagements.
• Risk Assessment & Analytics: Perform end-to-end risk assessments across operational processes to identify composite and emerging risks, leveraging audit analytics, continuous auditing tools, and RegTech capabilities to enhance audit coverage and efficiency through proactive monitoring.
• Stakeholder Engagement & Remediation: Engage with Heads of departments, business units, and risk teams to drive timely risk remediation, influence stakeholders to secure agreement on action plans and control improvements, and provide advisory support on process improvement initiatives.
• Reporting & Governance: Prepare and present high-quality, clear, and risk-focused audit reports for senior management, ensuring findings are aligned to regulatory expectations and supporting Board or senior management reporting as required.

The Must-Haves
• Background: Senior professional with over 10 years of experience in Operations or Internal Audit within the banking sector.
• Experience: 10+ years leading operations and regulatory compliance audits, with strong exposure to AML, Sanctions, Operations Risk Management (ORM), and Third-Party Risk.
• Skills: Strong analytical capabilities, effective stakeholder management, clear communication skills, and knowledge of RegTech, audit analytics, and continuous auditing tools.
• Bonus: Professional certifications such as CIA, CPA, ACAMS, or CISA preferred; experience with CBUAE or similar regulatory frameworks.