RAKBANK Vice President Interview Questions and Answers

Major audit findings include financial discrepancies, lack of internal controls, and compliance issues.

• Identified significant financial discrepancies in the budget allocation process

• Noted a lack of internal controls leading to potential fraud risks

• Discovered non-compliance with regulatory requirements in procurement practices

I use data extensively in audit to identify patterns, trends and anomalies.

• I collect and analyze data from various sources to gain insights into the organization's operations

• I use data visualization tools to present findings in a clear and concise manner

• I leverage data analytics to identify potential risks and opportunities for improvement

• For example, I used data analysis to identify a pattern of fraudulent activity in...read more

EWR triggers are events that require monitoring to ensure safety and compliance at the airport.

• EWR triggers include runway incursions, bird strikes, security breaches, and weather-related issues.

• Monitoring these triggers helps prevent accidents and ensures compliance with FAA regulations.

• For example, if there is a bird strike on a runway, the airport must immediately shut down that runway and inspect it for damage befo...read more