Assessing business processes and identifying potential areas for improvementConducting internal audit engagements following the annual Internal Audit PlanIssuing audit reports and communicating results to managementFollow up on the audit measures included within the Audit ReportsRisk Management Governance Framework implementation

Maintenance of the internal controls framework across the Group, in line with client requirements and related KPIs.Development and implementation of quality control measures to ensure a high level of compliance with internal and client processes, policies and procedures.

Evaluating third-party vendor’s control environment effectivenessLeading current risk assessments and continual risk assessmentsEvaluate the security of vendors and hosted solutions based on approved security standardsDetermine risk and potential impact based on emerging security threats

Reviewing the Bank’s practices and records for compliance with internal policies and proceduresDeveloping recommendations for improving internal controls, operating efficiency, and the adequacy of the bank’s records and recordkeeping Reporting audit findings and recommendations to appropriate management based on the results of regularly scheduled audits and any time when issues need to be addressed by managementConducting follow-up reviews of operational or regulatory compliance deficiencies noted during audits.

Verification of Money Laundering daily reports: cash transactions/external transfersPrepare and send “Suspect Transactions Report” whenever the case Correspondence with the National Office for Preventing and Combating Money LaunderingTo represent the Bank in relation to Anti-Money Laundering Office, in order to prepare the requested reports.