Head of Internal Audit OQ RPI

Oman Investment Authority

Main Tasks and Responsibilities:

Strategic Assurance Leadership

Develop the Internal Audit functional strategy in line with the organization strategy to ensure vertical alignment and horizontal integration with other interfacing departmental strategies across OQ RPI.

Ensure that Internal Audit functional strategies and related strategic plans are developed and implemented, which are aligned with the vision and mission of OQ RPI.

Policies, Systems, Processes & Procedures

Develop and oversee the implementation of Internal Audit functional policies, procedures and controls covering all areas of the Internal Audit functional activity so that all relevant procedural / legislative requirements are fulfilled while delivering a quality, cost-effective service.

Maintain a professional and independent audit function, ensuring adherence to OQ RPI audit policies and internationally accepted auditing standards

Governance, Risk & Compliance

Oversee the design and continuous improvement of governance structures and internal control systems to ensure compliance with OQ policies, IIA standards, and State Audit Institution requirements.

Provide assurance on the effectiveness of risk management frameworks and internal controls across all RPI operations.

Stakeholder Engagement & Reporting

Deliver timely, transparent, and insightful reporting to the RPI Board, Audit Committee, and senior leadership.

Translate audit findings into actionable insights that support strategic decision-making and operational excellence.

Audit Management

Direct the Audit teams in the planning, organising, management and control of various projects in order to ensure that the project cycles are completed, meeting agreed project parameters (cost budget, timelines, scope and quality), standards and objectives.

Audit Execution & Quality Assurance

Ensure audits are executed with methodological rigor, including process documentation, evidence-based findings, and high-quality deliverables.

Maintain a robust quality assurance and improvement program in line with global assurance standards.

Consolidated Risk Management

Work with consolidated risk management to ensure coherent and consistent compliance with general policies and controls throughout OQ RPI.

Introduce audit tools such as automated systems, questionnaires, flowcharts, policy and structure of observation etc.

Audit Coverage

Direct and administer all Audit functional activities to ensure that all areas of OQ RPI activity receive appropriate audit coverage as per audit assignment plans considering available resources.

Issue Resolution & Follow-up

Monitor and ensure timely implementation of audit recommendations and corrective actions.

Escalate unresolved issues to senior leadership and the Board as appropriate.

Investigations & Special Reviews

Lead or oversee investigations into significant issues, including fraud, misconduct, or systemic control failures, ensuring integrity and accountability in outcomes.

People Leadership & Capability Building

Lead and develop a high-performing Internal Audit team, fostering a culture of continuous learning, ethical conduct, and professional excellence.

Oversee workforce planning, performance management, and succession planning within the assurance function.