Job Description

Audit Function Director will be responsible for overseeing and managing the internal audit activities across Financial Holding’s OpCos that provide:

-independent and objective assurance to the Shareholders/SBs of Financial Holding’s OpCos

-support to the Financial Holding’s OpCos in achieving its defined strategic, operational, financial and compliance objectives; and

-support the Senior Management of the Financial Holding in discharging their control over these OpCos.

Audit Strategy and Framework Development:

• Formulate and implement the Audit Strategy covering Financial Holding OpCos’ internal audit functions, ensuring alignment with organizational goals and Shareholder expectations.
• Establish and update internal audit related frameworks, policies, and procedures for the internal audit functions of Strategic Assets, incorporating regulatory requirements and international best practices.

Support to Audit Committees:

• Guide Audit Committees of Financial Holding OpCos to ensure their activities are compliant with legislation, applicable standards and charters.
• Provide expert advice and oversight in the review of annual internal audit plans, internal audit engagement reports, periodic reports to governance bodies and regulator.
• Evaluate the effectiveness and compliance of internal audit activities with established frameworks and standards (including quality assurance activities (internal and external)).

Assurance:

• Lead the process of providing risk-based and objective assurance, advice and insight in OpCos where internal audit function is not established (by request of Stakeholders).

Leadership and Advisory:

• Act as a strategic advisor to internal audit teams across Financial Holding OpCos, fostering a culture of risk awareness and operational excellence.
• Lead efforts to align internal audit functions with group-wide objectives, ensuring consistency and efficiency.
• Provide guidance and lead the process of strengthening the capabilities of internal audit teams.

Compliance and Risk Management:

• Ensure internal audit activities adhere to relevant regulations and international professional standards.
• Identify and address emerging risks, proposing appropriate mitigation strategies to safeguard organizational integrity.

IT and IS audits:

• Lead IT audit work in Financial Holding OpCos centrally from Corporate Center

Requirements

Educational Background:

• Bachelor's degree in Economics, Finance or a related field.

Professional Competencies:

• Proficiency in English, Russian, or Turkish is advantageous.

• Strong proficiency in MS Office, MS Windows product family.

• Knowledge of best practices in related industries and audit functions.

• Familiarity with the market and business practices specific to the Group's industries is desirable.

• Certifications Required: CIA/ACCA/CFA/FRM certifications are highly desirable.

Relevant Experience:

10+ years of experience in internal audit or other control functions