Internal Audit and Risk Compliance Manager

The Internal Audit and Risk Compliance Manager is responsible for leading and executing internal audit activities and ensuring compliance with corporate governance, regulatory requirements, and risk management practices. He/She is responsible for identifying areas of improvement, assessing organizational risks, and ensuring the integrity of financial, operational, and compliance activities across the organization.

The Internal Audit & Risk Compliance Manager must follow the direction of the Group Chairman / Assigned Manager.

Key Responsibilities:

Internal Audit Management:
• Lead Internal audit of Group by studying the investigating the gap and propose practical solutions.
• Plan, develop, and execute internal audit programs based on a risk-based audit plan.
• Conduct audits of financial, operational, and compliance processes to ensure adherence to policies and procedures.
• Evaluate the effectiveness of internal controls, risk management frameworks, and governance processes.
• Develop audit reports with clear findings and recommendations for management.
• Follow up on audit findings to ensure that corrective actions are implemented in a timely manner.
• Collaborate with external auditors to ensure coordination of audit efforts.

Risk Management:
• Identify, assess, and monitor key risks across the organization (financial, operational, regulatory, reputational, etc.).
• Implement and maintain the organization's risk management framework, ensuring alignment with regulatory standards and best practices.
• Work with department heads and leadership to establish risk mitigation strategies.
• Provide regular risk assessment reports to senior management and the board, including updates on mitigation efforts and residual risks.
• Assist in developing risk management training and awareness programs for staff.

Compliance Oversight:
• Ensure the organization complies with applicable laws, regulations, and internal policies.
• Conduct regular compliance audits and ensure the organization maintains effective compliance programs.
• Stay up to date with regulatory changes and emerging risks that could impact the organization.
• Liaise with regulatory authorities as needed to address compliance concerns and provide necessary documentation.
• Develop and update compliance policies and procedures to mitigate potential legal or regulatory breaches.

Governance and Reporting:
• Provide advisory services to management on governance, risk, and compliance (GRC) matters.
• Prepare and present audit and risk compliance reports for the Audit Committee, senior leadership, and the Board of Directors.
• Maintain strong working relationships with management to ensure transparency in the audit and risk processes.
• Support the development of the organization’s corporate governance framework and ensure best practices are implemented.

Special Projects:
• Lead special investigations and projects, including fraud investigations, as required.
• Assist in due diligence processes during mergers, acquisitions, or other significant corporate events.

Requirements: