Assistant Manager - Internal Controls

Dubai World Trade Centre; United Arab Emirates; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading company in the UAE is seeking a Compliance Officer to ensure effective implementation of policies and adherence to financial regulations within the DXB Live division. The role involves preparing compliance reports, training employees, and coordinating with auditors to maintain compliance integrity. Candidates should possess a bachelor's degree in finance/business and relevant experience in the UAE or GCC. Strong communication and analytical skills are essential for success in this role.

Qualifications

• Bachelor's degree in finance/business/commerce required.
• 5-6 years of relevant experience preferred.
• Professional qualification in compliance/finance is an advantage.

Responsibilities

• Ensure implementation and monitoring of compliance policies.
• Prepare compliance reports and communicate with auditors.
• Stay updated on regulatory changes affecting the organization.

Skills

Effective communication

Analytical abilities

Attention to detail

Self-motivation

Education

Bachelor's degree in finance/business/commerce

Professional qualification in compliance/finance

Job description

Tracking Implementation of Group Policies

• Ensure that all group policies are effectively implemented within the DXB Live division
• Monitor adherence to these policies and provide regular updates to senior management
• Conduct training sessions to ensure all employees understand and follow the group policies
• Coordinate with internal and external auditors to facilitate financial audits
• Prepare necessary documentation and provide support during audit processes
• Address audit findings and implement corrective actions as required

Monitoring Changes in Regulations

• Stay updated on changes in local and international financial regulations
• Assess the impact of regulatory changes on the organization and update policies accordingly
• Communicate regulatory changes to relevant stakeholders and ensure compliance

Preparing Compliance Reports

• Prepare detailed compliance reports for senior management and regulatory authorities
• Ensure accuracy and completeness of compliance data
• Provide insights and recommendations based on compliance findings

Coordinating with External/Internal Auditors

• Act as the primary point of contact for external and internal auditors
• Facilitate communication and information exchange between auditors and the organization
• Ensure timely resolution of audit queries and issues

Implementing Compliance Programs

• Develop and implement compliance programs within the DXB Live division
• Conduct regular assessments to ensure the effectiveness of compliance programs
• Provide training and support to employees on compliance-related matters
• Role is based out of DXB Live office
• Requires travel occasionally to international locations for training and development of teams
• Effective communication will be the key

Formal Education

• Bachelor s degree in finance / business / commerce
• Professional qualification in compliance / finance will be an added advantage

Work Experience

5-6 years relevant experience in a reputed organization in UAE/GCC experience preferred

Skills & Knowledge

• Effective communication/interpersonal skills, Analytical abilities, attention to detail and self-motivation are key skills required for this role
• Knowledge and ability to research industry / regulatory / compliance information would be added advantage

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