Internal Auditor

Al Ramz Corporation P.J.S.C. is seeking a Senior Internal Audit Officer to join our growing team.

This role will provide support in ensuring an independent assurance regarding the design, implementation and effectiveness of internal controls, risk management framework, compliance, and governance. Assist in liaising with the External Auditors and facilitate their engagement with management, the board audit committee and the board of directors.

Key Responsibilities:

Internal Audit Function

Provide support to the Head of Internal Audit in developing and maintaining the Internal Audit Manual inclusive of related policies, procedures and risk management sections. The Manual shall be presented annually for the approval of the board audit committee.

Assist in developing and ensuring timely submission of Annual internal audit plans highlighting key milestones and coverage for the approval of the board audit committee in the fourth quarter each year:

1. Carry out the approved Internal Audit Plan and report progress thereof to the Group Head of Internal Audit on a quarterly basis including:
2. Internal audit reports inclusive of recommendations, managements comments, timelines, and quarterly updates thereon;
3. Providing quarterly updates on progress on the execution of the approved audit plan.
4. Assist in liaising with the External Auditors and facilitate their engagement with management, the board audit committee and the board of directors.

Document and draft responses to alleged violations of rules, regulations, policies, procedures and Code of Ethics and Business Conduct by evaluating or recommending the initiation of investigative procedures. Develop and oversee a system for uniform handling of such violations.

Consulting Function

Maintain advisory relationship with business units and act as consultant on best practice adoption.

Knowledge Development

Monitor the market, economic and regulatory environment and assess the impact thereof on internal audit activities and the broader company strategy. In particular, monitor the latest developments on SCA, ADX and DFM rules and regulations. Keep abreast of latest developments in the areas of international accounting, audit standards and requirements as set by professional bodies.

Qualifications:

Mandatory: Degree in Accountancy or Business Administration.

Desirable: Master's degree or a candidate for CIA, CPA, ACCA or CA.

Experience: 2-3 years of auditing experience obtained from Big 4 Firms or Financial Institution/Regulatory Agencies.

Competencies or Skills:

• Working knowledge of regulations of DFM, ADX, Nasdaq Dubai, SCA and DFSA.
• Reasonable knowledge of financial sector products and services such as corporate finance, market making, liquidity providing, securities trading, margins, securities lending and borrowing, derivatives and asset management.
• Technical knowledge of financial services risk management practices including fund transfer pricing, asset and liability management, market risk, operational risk and enterprise risk.
• Good command of anti-money laundering and KYC regulation.
• Effective interpersonal verbal and written communication skills.
• Understanding of current accounting and auditing principles.

If you meet above requirements, then please send your CV (which should include your nationality and current location) to Haitham El Hariri <[Confidential Information]>.

Considering the high volumes of applications we receive, only shortlisted candidates for interviews will be contacted.