SENIOR COMPLIANCE AUDITOR

Client of AJYAL HR Solutions & Services

Employment Grade: 7

1. Job Purpose: Assist in conducting inspections and audits of regulated companies to ensure compliance with laws and standards, through planning, developing procedures, reviewing internal controls, providing recommendations to mitigate risks and protect investors, investigating violations, and enhancing the internal audit system in line with approved standards.

3. Tasks and Responsibilities:

• Assist in preparing and distributing pre-visit questionnaires, collecting and analyzing preliminary information to identify key focus areas for inspection.
• Assist in identifying and compiling pre-visit requirements and verifying their completeness and accuracy to ensure an effective inspection process.
• Participate with the Head of Inspection in preparing and executing field audit plans, developing methodologies and standards, monitoring field visits, providing guidance to the team, and evaluating performance to ensure audit objectives and regulatory compliance are achieved.
• Supervise risk analysis and assess internal control systems, develop plans to address gaps, investigate violations, and review data to ensure compliance while providing recommendations to senior management.
• Contribute to developing operational policies and inspection mechanisms, establishing a framework for audit and investigation procedures, and evaluating governance and internal management systems of regulated entities.
• Prepare and document comprehensive audit reports, review reports submitted by other auditors, and provide recommendations for corrective actions to ensure compliance with policies and regulatory standards.
• Collaborate in reviewing complaints and reports, examining them, providing preliminary recommendations, and analyzing information to prepare outcome reports.
• Contribute to preparing the final audit report, the executive position report, and the enforcement referral report by reviewing assigned tasks, evaluating results, and coordinating with the team to ensure recommendations are implemented and regulatory requirements are met.
• Coordinate and collaborate with local and international authorities in investigating violations, collecting and analyzing evidence, requesting bank statements, or referring cases to judicial authorities to ensure justice and transparency.
• Perform any additional tasks assigned within the scope of duties to support the Authority s objectives and priorities.