Job Summary:

The Internal Audit & Compliance Officer will be responsible for ensuring the organization’s adherence to regulatory requirements, internal policies, and industry standards. This role requires a detail-oriented professional with strong analytical skills, a deep understanding of compliance frameworks, and the ability to conduct thorough audits. The Internal Audit & Compliance Officer will play a key role in identifying risks, improving operational efficiency, and maintaining the organization’s integrity.

Key Responsibilities:

1. Internal Audits:

• Plan and execute internal audits to assess the effectiveness of financial, operational, and compliance controls.
• Identify areas of risk and recommend improvements to enhance operational efficiency and mitigate risks.
• Prepare detailed audit reports and present findings to senior management.

2. Compliance Management:

• Ensure the organization complies with local, national, and international regulations, including data protection laws (e.g., GDPR) and industry standards.
• Develop and implement compliance policies and procedures to align with regulatory requirements.
• Conduct regular compliance reviews and risk assessments to identify potential areas of vulnerability.

3. Risk Management:

• Identify, assess, and prioritize risks across the organization.
• Develop and implement risk mitigation strategies to minimize the impact of potential risks.
• Monitor and report on the effectiveness of risk management activities.

4. Policy Development and Training:

• Develop and update internal policies and procedures to ensure compliance with regulatory requirements.
• Conduct training sessions for employees on compliance policies, risk management, and ethical practices.
• Promote a culture of compliance and integrity across the organization.

5. Regulatory Reporting:

• Prepare and submit regulatory reports to relevant authorities in a timely and accurate manner.
• Maintain records of compliance activities, including audit reports, risk assessments, and training sessions.

6. Investigations and Incident Management:

• Investigate compliance violations, fraud, or other irregularities and recommend corrective actions.
• Manage incidents related to non-compliance and ensure appropriate resolution.

7. Stakeholder Collaboration:

• Collaborate with internal departments, such as finance, HR, and IT, to ensure compliance with policies and regulations.
• Liaise with external auditors, regulators, and legal advisors as needed.