Risk Manager

Job Title: Chartered Financial Analyst / Chartered Accountant

Nationality: Indian, Any Nationality

Vacancy: 1 Vacancy

Job Description:

Key Responsibilities:

1. Audit Planning and Strategy:
   • Develop and implement a risk-based internal audit plan aligned with the company's objectives, risks, and regulatory requirements.
   • Identify key audit areas, prioritize audit engagements, and allocate resources effectively to ensure comprehensive coverage of high-risk areas.
2. Internal Audit Execution:
   • Conduct internal audit reviews and assessments of the company's operations, processes, and controls to evaluate their effectiveness, efficiency, and compliance with policies and procedures.
   • Perform financial, operational, and compliance audits, as well as special investigations and ad-hoc reviews as directed by senior management or the board.
3. Risk Management and Control Evaluation:
   • Assess the adequacy and effectiveness of internal controls, risk management processes, and governance structures to identify gaps, weaknesses, and areas for improvement.
   • Evaluate control deficiencies, root causes, and associated risks, and recommend corrective actions and mitigation measures to address identified issues.
4. Compliance and Regulatory Oversight:
   • Monitor regulatory developments, industry standards, and best practices to ensure compliance with applicable laws, regulations, and corporate governance requirements.
   • Coordinate with legal, compliance, and other relevant departments to address compliance issues and implement remedial actions as necessary.
5. Audit Reporting and Communication:
   • Prepare and present audit findings, observations, and recommendations to senior management, the audit committee, and the board of directors.
   • Communicate audit results clearly and concisely, highlighting areas of concern, potential risks, and opportunities for improvement, and facilitate discussions on remediation plans and corrective actions.
6. Stakeholder Engagement:
   • Build and maintain relationships with key stakeholders, including senior management, department heads, and external auditors, to foster collaboration and support the audit function's objectives.
   • Act as a trusted advisor to management, providing insights and guidance on internal control matters, risk management practices, and process improvements.
   • Monitor audit performance, adherence to professional standards, and compliance with audit methodologies, and implement enhancements as needed to drive continuous improvement.

Desired Candidate Profile:

• Professional certificates such as CA/ACCA/CPA and preferred additional certificates such as CIA/CISA
• Knowledge of local regulations and industry practices in GCC region
• Experience in IT or Fintech industry is a must.
• Strong understanding of internal audit methodologies, frameworks risk assessment techniques, and control frameworks
• Highly proficient with MS Excel and knowledge of ERP systems
• Experience of working in different geographies would be an advantage

Employment Type: Full Time

Company Industry: Banking, Broking

Department / Functional Area: Top Management, Senior Management

Keywords: ERP Implementation, Compliance, Internal Audit, Fintech