Internal Control Specialist

4 days ago


Riyad Al Khabra, Saudi Arabia 0551 VMS Arabia Commercial Ltd Full time

This position involves supporting the development of internal strategies, policies, procedures, and processes to prevent violations of law, rule, or regulation. The successful candidate will design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise.

Core Responsibilities:

  • Supporting the creation of best-in-class Compliance programs, policies, and practices for ICRM.
  • Evaluating various materials to ensure compliance with regulatory and legal requirements.
  • Identifying potential risks and escalating them for further review, as necessary.
  • Creating and maintaining reports for control, tracking, and analysis purposes and ensuring secure document retention.
  • Working with senior staff to investigate and respond to raised compliance risk management issues and drafting routine correspondence.
  • Collaborating with other areas within ICRM, as necessary.
  • Coordinating and tracking policy, training, and other compliance risk management initiatives.
  • Assisting in the preparation, editing, and maintenance of Compliance program-related materials.

Necessary Qualifications:

  • Understanding of compliance laws, rules, regulations, risks, and typologies.
  • Excellent written and verbal communication skills.
  • Must be a self-motivated, adaptable, innovative, and flexible individual.
  • Strong interpersonal skills with the capacity to collaborate effectively with people at all organizational levels.
  • Effective project management and organizational skills with the capability to manage multiple projects at one time.
  • Proficiency in MS Office applications (Excel, Word, PowerPoint).


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