Internal Auditor

Abu Dhabi Insurance Brokers
United Arab Emirates
AED 120,000 - 200,000
Job description

Position Summary:
The Internal Auditor will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes within the organization. This role involves conducting audits, identifying areas for improvement, and ensuring compliance with regulatory requirements and internal policies.

Duties and Responsibilities:

  1. Assess and evaluate the effectiveness of internal controls and risk management processes.
  2. Develop and implement an annual audit plan aligned with industry standards and best practices.
  3. Conduct internal audit activities to assess compliance with policies, regulations, and industry standards.
  4. Evaluate the prevention and detection of money laundering and financial crime activities.
  5. Identify weaknesses or gaps in controls and processes and recommend improvements.
  6. Provide guidance and advice to internal stakeholders on risk management practices.
  7. Prepare internal audit reports and present findings to senior management and the board of directors.
  8. Monitor the implementation of audit recommendations and report on the status of corrective actions.
  9. Conduct follow-up audits to ensure issues are addressed effectively.
  10. Stay updated on industry trends, regulatory changes, and best practices in auditing.

Qualification & Experience:

  1. Bachelor's degree in Finance, Accounting, or a related field.
  2. Attested degree and equivalency are a must.
  3. Professional certification (CIA, CISA, ACCA, CPA) preferred.
  4. At least 5 years of experience in internal auditing roles within the financial services/insurance industry, with specific knowledge of UAE regulatory requirements.

Skills:

  1. Strong knowledge of audit methodologies, risk assessment, and compliance frameworks.
  2. Excellent analytical, problem-solving, and communication skills.
  3. Attention to detail.
  4. Fluency in English; knowledge of Arabic is often preferred.

Job Location: Abu Dhabi - United Arab Emirates
Reporting to: Deputy General Manager and CEO.
Employment Type: Full Time Employee

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