Senior Specialist - Risk and Control

Job Description:

We are seeking a highly skilled and motivated Senior Specialist in Risk and Control for our esteemed organization. As a key member of our team, the chosen candidate will be responsible for executing risk management and control evaluation processes to ensure compliance with regulatory requirements and company policies. The Senior Specialist will conduct thorough assessments of operational risks, develop risk mitigation strategies, and implement control measures to enhance the overall risk management framework. Additionally, the role involves evaluating internal controls, identifying potential weaknesses, and providing recommendations to strengthen control procedures. The ideal candidate must be a UAE national with a Bachelor's degree in a relevant field and a minimum of 5 years of experience in risk management or internal audit. Strong analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment are essential for success in this role.

Responsibilities

• Develop and implement risk management strategies, policies, and procedures in alignment with organizational goals and regulations.
• Conduct regular risk assessments and analyze potential risks that may affect the organization's operations.
• Collaborate with different departments to identify control gaps and implement corrective measures to mitigate risks.
• Monitor and report on the effectiveness of risk management activities, highlighting areas of improvement and making recommendations.
• Ensure compliance with regulatory requirements and internal control standards.
• Lead and support internal audits and control assessments to evaluate the adequacy of controls and adherence to policies.
• Provide training and guidance to staff on risk management practices and controls.
• Stay updated on industry trends, regulations, and best practices related to risk management.
• Prepare reports and presentations for senior management on risk exposures, mitigation strategies, and control initiatives.
• Drive a culture of risk awareness and control consciousness across the organization.

Requirements:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Professional certification such as CPA, CFA, or ACCA is preferred.
• Minimum of 5 years of experience in risk management, internal audit, or related roles.
• Strong knowledge of risk and control frameworks, regulations, and compliance requirements.
• UAE National with a valid passport and residency permit.