Develop and present the Internal Audit universe and related Plan for a recently-licensed UAE Branch of a
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Develop and present the Internal Audit universe and related Plan for a recently-licensed UAE Branch of a Retail Bank. The Retail Bank is regulated in its home country ('home regulator'), has been in existence for many years and operates under a centralized model in which most of its back-office activities are performed by a 100% owned entity based out of North Africa. In addition, for cost/ efficiency reasons, some back-office activities of the Bank are also outsourced to specialist service providers. The Branch mainly focuses on sales and other front-office activities, with a team for basic customer services and collections.
- As the Audit Manager of a Bank, you need to develop and present a detailed scope document for auditing the Corporate Sales team which provides corporate loans and trade finance products to large and mid-sized corporates (global, regional and local) and SMEs. The scope document should give due consideration to the risks envisaged in the activity under review.
- As the Audit Manager of a Branch of a Global Retail Bank, develop and present a detailed scope document for auditing the front office and customer services activity. The scope document should give due consideration to the risks envisaged in the activity under review.
- You have been assigned to a team investigating allegations of impropriety (including potential bribery & corruption related misconduct) in connection with the procurement of a technology platform (focusing on digital document signing and document retention) of a mid-tier bank in which you worked as an Internal Audit Manager. The investigation primarily centers around the technology and procurement functions of the bank.
- What aspects would you envisage should be covered from your end as part of the overall investigation fieldwork?
Related Book For
Microeconomics Theory and Applications with Calculus
ISBN: 978-0133019933
3rd edition
Authors: Jeffrey M. Perloff
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