Internal Risk Management Specialist
5 days ago
The Abu Dhabi Insurance Brokers LLC is seeking a skilled Internal Risk Management Specialist to join our team. As an Internal Risk Management Specialist, you will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes within the organization.
Key Responsibilities:
- Evaluate the effectiveness of internal controls and risk management processes.
- Develop and implement an annual audit plan aligned with industry standards and best practices.
- Conduct internal audit activities to assess compliance with policies, regulations, and industry standards.
- Evaluate the prevention and detection of money laundering and financial crime activities.
- Identify weaknesses or gaps in controls and processes and recommend improvements.
- Provide guidance and advice to internal stakeholders on risk management practices.
- Prepare internal audit reports and present findings to senior management and the board of directors.
Qualifications & Experience:
- Bachelor's degree in Finance, Accounting, or a related field.
- Attested degree and equivalency are a must.
- At least 5 years of experience in internal auditing roles within the financial services/insurance industry, with specific knowledge of UAE regulatory requirements.
Requirements:
- Strong knowledge of audit methodologies, risk assessment, and compliance frameworks.
- Excellent analytical, problem-solving, and communication skills.
- Attention to detail.
- Fluency in English; knowledge of Arabic is often preferred.
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