Senior Specialist, Risk & Control
Abu Dhabi, United Arab Emirates
Job Description
Overview:
AIQ is a joint venture company between ADNOC and Group 42, which focuses on developing artificial intelligence technologies in the United Arab Emirates. AIQ develops and commercializes AI products and applications for the oil and gas industry. AIQ aims in providing end-to-end solutions by using its data, cloud and talents to develop AI solutions that seek to reduce costs and generate revenue for its clients.
AIQ embodies an innovative and entrepreneurial spirit that embraces challenges to push boundaries and seeks to welcome professionals to its team that share the desire to make meaningful and impactful contributions to its mission. Always on the cutting edge of technology, AIQ provides its talent all the opportunities to thrive and excel. Working at AIQ includes dealing with massive data sets, an AI infrastructure that is powered by the latest NVIDIA GPU cloud computing platform and access to limitless computing, storage and network resources. Responsibilities:
Risk Assessment and Management:
- Conduct risk assessments to identify and evaluate potential risks to the organization\'s operations, finances, and reputation.
- Develop risk management strategies and frameworks to mitigate identified risks.
- Monitor and report on the effectiveness of risk mitigation measures.
- Collaborate with cross-functional teams to implement risk management initiatives.
Internal Controls Development and Implementation:
- Design and implement internal control procedures to safeguard assets, ensure compliance, and minimize the risk of fraud.
- Assess the effectiveness of existing internal control systems and make recommendations for improvement.
- Develop and maintain internal control documentation, including policies, procedures, and process maps.
- Conduct internal control testing and monitoring to ensure adherence to established controls.
Compliance and Regulatory Requirements:
- Stay updated on relevant laws, regulations, and industry standards pertaining to risk management and internal controls.
- Ensure compliance with applicable regulatory requirements, such as ADAA ICFR requirements or industry-specific regulations.
- Coordinate internal and external audits, providing necessary documentation and explanations.
- Collaborate with legal and compliance teams to address regulatory compliance issues.
Risk Reporting and Analysis:
- Prepare risk reports and analysis for management and stakeholders.
- Identify and communicate key risk indicators and emerging risks.
- Provide insights and recommendations based on risk analysis to support decision-making.
- Develop and maintain risk management dashboards or tools for monitoring and reporting purposes.
Training and Awareness:
- Conduct training programs and awareness campaigns to educate employees on risk management and internal control policies.
- Promote a culture of risk awareness and accountability throughout the organization.
- Provide guidance and support to employees on risk-related matters.
Collaboration and Communication:
- Collaborate with various stakeholders, including finance, legal, IT, and operations teams, to ensure a coordinated approach to risk management and internal controls.
- Communicate effectively with management, executives, and auditors regarding risk assessment findings, control deficiencies, and remediation plans.
- Serve as a liaison between internal and external auditors during audits or assessments.
Continuous Improvement:
- Continuously assess and enhance the organization\'s risk management and internal control processes.
- Identify opportunities for process efficiencies and automation to improve effectiveness and reduce risk.
- Stay updated on industry best practices and emerging trends in risk management and internal controls.
Educational Requirements
- Bachelor\'s Degree in finance, accounting, economics, business administration, or a related field.
- Master\'s Degree in finance, business administration (MBA) is preferable.
- Professional certification; CFA CPA or CFA or CMA
- 6-8+ years\xe2\x80\x99 experience in relevant role.
- knowledge of software Excel and Microsoft office
- Experience working with senior decision makers.
- Time Management and planning skills
- Ability to build rapport.
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Job Detail
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Job IdJD1590809
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationAbu Dhabi, United Arab Emirates
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EducationNot mentioned