Internal Control Officer

About the role

RT Bank is looking for a qualified and motivated banking professional to join its Internal Control Department as an Internal Control Officer at the Head Office in Erbil. The officer performs control and review activities over banking operations across branches, offices and departments in line with the bank's approved internal control framework, policies and procedures, ensuring compliance with Central Bank of Iraq regulations and other applicable laws while mitigating operational and compliance risks.

Key responsibilities

• Perform internal control reviews and examinations in accordance with approved policies and procedures.
• Review cash transactions, transfers, remittances, accounts, banking products and services, and verify their accuracy and completeness against supporting documents and banking systems.
• Review signatures, approvals, stamps, commissions and fees against authorised limits and procedures.
• Prepare working papers, checklists and documentation of control activities and findings.
• Identify control deficiencies, irregularities and non-compliance cases and report them through the proper channels.
• Follow up on corrective actions and verify that remedial measures are implemented.
• Prepare control reports and submit findings within established deadlines.
• Maintain confidentiality and uphold integrity, objectivity and professional independence; contribute to improving internal control processes.

Required profile

• Bachelor's degree in accounting, banking management, finance and banking sciences, business administration, economics or a related field.
• Minimum 3 years of experience in banking, financial or control-related functions.
• Previous experience in internal control, internal audit, risk management or compliance is preferred.
• Good knowledge of Central Bank of Iraq regulations and relevant banking policies.
• Excellent Arabic reading and writing; very good English; Kurdish preferred.
• Preferred: certifications or training in internal audit, risk management, compliance or AML/CFT, and knowledge of governance, risk management and banking compliance principles.

Required skills

• Strong analytical, reporting and banking operations review skills.
• Ability to identify risks, irregularities and non-compliance issues and follow up on corrective actions.
• Proficiency in computer applications, banking systems and Microsoft Office.