Associate - Audit (UAE National Ethraa Graduate)

About Emirates Investment Bank

Emirates Investment Bank PJSC (EIBank) is an independent onshore private bank based in Dubai, United Arab Emirates, offering a wide range of banking and investment services to a select group of clients, supporting them through every stage of their wealth journey.

Established in 1976 by prominent UAE business families, EIBank offers bespoke solutions across the full range of wealth management services, from asset management and access to global markets to advisory services.

EIBank is a relationship driven bank, focused on building long-term partnerships. Our flexible and consultative approach enables us to offer customized products and solutions through innovative advice and services.

EIBank is listed on the Dubai Financial Market since 2005 and its shareholder base is composed of highly respected UAE business families and private investors from the local community.

Job Purpose:

Our Emiratisation initiatives aim to develop future leaders by nurturing skilled and competent banking professionals. We focus on identifying, attracting, and mentoring top Emirati talent to elevate their careers.

We are excited and committed to support the Ethraa program and UAE Central Bank's objective to encourage talented Emirati graduates to join the banking sector.

At Emirates Investment Bank, we are looking to hire across various critical functions of the bank to start with us in a full-time employment, with an opportunity to get enrolled for training program at the Emirates Institute of Finance. This 6-month program equips and empowers the next generation of specialised bankers with a structured learning journey, international qualifications, hands-on projects, and ongoing coaching and mentoring. On completion of this program, you will continue working with the Bank in your full-time employment role.

The programme consists of three phases:

Foundation Phase: Covers fundamental Banking knowledge.

Specialisation Phase: Focuses on training relevant to Audit domain. This phase also includes mentoring, coaching support, and skill enhancement training.

Certification Phase: Involves obtaining international professional certifications.

Key Accountabilities:

• Plan, execute and complete audit assignments according to the audit plan, recommending internal control improvements that may include operational enhancements or efficiencies.
• Undertake comprehensive planning and risk assessments relating to each audit assignment, to ensure that the engagement identifies business and operational risks.
• Review and identify control weaknesses noted during the audit assignment (in the credit process, investment process, IT risk, operational risk frameworks) with solid understanding of the relevant process maps, risks and controls.
• Document internal audit findings during the progress of each audit assignment.
• Review the risks relevant to the scope of the audit assignment.
• Review and identify gaps in regulatory (CBUAE and other applicable laws and regulations).
• Participate in the conduct of ad hoc special assignments, as required.

Qualification & Experience:

• UAE National with a Family Book
• A bachelor's degree in any major is suitable, though a specialization in Banking and Finance is preferred.
• GPA 2.7+
• Graduates from 2024 onwards
• Fresher or with less than 1 year experience
• Fluent in English
• National Service must be completed for male candidates