Internal Audit and Risk Assessment Specialist

Job title: Internal Audit and Risk Assessment Specialist Purpose of the Role The Internal Audit and Risk Assessment Specialist is responsible for conducting independent evaluations of the organization's internal controls, risk management processes, and compliance with applicable regulations. This role is essential to ensure the effectiveness of control design and operating effectiveness within the organization. Scope of Work - Perform second line controls testing to evaluate the design and operating effectiveness of internal controls. - Execute internal audit assignments in accordance with established standards and methodologies. - Conduct thorough risk assessments to identify potential areas of vulnerability and develop strategies for remediation. - Assess compliance with regulatory requirements and organizational policies to ensure adherence to best practices. - Evaluate control design effectiveness and operating effectiveness, recommending improvements where necessary. - Utilize SQL for data analysis related to controls testing and risk assessment activities. - Document findings, prepare reports, and present results to management, highlighting areas for improvement and providing actionable recommendations. - Collaborate with various departments to ensure effective communication regarding audit findings and remediation efforts. Candidate Requirements - Proven experience in internal audit, compliance, and risk assessment activities. - Strong knowledge of control design effectiveness and operating effectiveness principles. - Proficiency in SQL for data analysis related to audit activities. - Demonstrated ability to conduct effective controls testing and evaluations. - Excellent analytical skills with attention to detail. - Strong communication skills, both written and verbal, to facilitate discussions with stakeholders at all levels.