Objective/Purpose of the Job
The Risk & Internal Control Officer undertakes comprehensive risk assessments, evaluates internal control systems, and verifies adherence to regulatory requirements across all subsidiary operations.
This position requires evaluating market and regulatory trends, overseeing the corporate risk register, and detecting control gaps or operational inefficiencies.
The officer partners with department heads to integrate risk awareness, oversees critical transactions, and escalates developing risks to leadership while fostering a robust culture of compliance and control.
Ensures the achievement of key performance indicators and fulfills core accountabilities by driving strategic initiatives and executing high-impact tasks aligned with organizational objectives.
The role involves identifying, assessing, and mitigating potential risks to ensure organizational stability and compliance. Responsibilities include developing and implementing risk management frameworks, conducting thorough risk analyses, and monitoring emerging threats. The position requires strong analytical skills, attention to detail, and proficiency in risk assessment tools. Candidates must have experience in risk mitigation strategies and a deep understanding of regulatory requirements. Additionally, the role demands effective communication to report findings and collaborate with stakeholders on risk-related decisions.
Conduct thorough enterprise-wide risk evaluations encompassing project development, sales, leasing, property management, hotel operations, and facility services, while tracking critical risk indicators to detect potential threats and emerging risks, and delivering regular reports to management and the Board.
Conduct in-depth assessments of market trends, regulatory changes, and macroeconomic factors influencing real estate investments, facility management, and hospitality operations to guide strategic decision-making.
To maintain a current understanding of trends and best practices in real estate, facility management, and hospitality, leverage this knowledge to enhance risk management and compliance strategies.
You are responsible for maintaining and updating the corporate risk register on a regular basis, recording risk ratings, mitigation strategies, and the progress of their implementation.
Partner with senior leaders across business units to integrate risk consciousness and governance mechanisms into routine activities.
The role involves ensuring the effectiveness of internal control systems, monitoring compliance with established policies and procedures, and identifying areas for improvement to mitigate risks. Responsibilities include conducting regular audits, assessing control deficiencies, and implementing corrective actions to enhance operational efficiency and safeguard organizational assets. The position requires strong analytical skills, attention to detail, and a thorough understanding of regulatory requirements and risk management frameworks. Collaboration with cross-functional teams is essential to promote a culture of accountability and continuous improvement within the organization.
Evaluate the sufficiency and performance of internal control systems and risk management frameworks throughout every department and operational unit.
Assess control weaknesses, process inefficiencies, and compliance breaches, then propose viable solutions and oversee the prompt execution of corrective measures.
Perform routine and scheduled assessments of critical financial, operational, and administrative transactions to identify any lapses in control or irregularities.
Conduct follow-up evaluations to ensure the implementation of risk mitigation strategies and audit recommendations is completed accurately.
Ensures adherence to regulatory standards and organizational policies while overseeing governance frameworks to mitigate risks and maintain operational integrity. Develops, implements, and monitors compliance programs, policies, and procedures to ensure alignment with legal and industry requirements. Conducts audits, assessments, and training to evaluate and enhance compliance effectiveness, fostering a culture of accountability and ethical behavior across the organization.
Ensure adherence to all applicable laws, regulations, industry standards, and internal policies across the organization, and promptly escalate any breaches or instances of non-compliance to senior management.
Assist in the creation and implementation of risk and compliance policies, procedures, and controls, ensuring adherence to established standards and regulatory requirements.
Promote a culture of risk awareness by facilitating workshops and capacity-building sessions for employees, equipping them with knowledge of internal controls and compliance practices.
Reporting to the Director of Finance, you will be responsible for preparing and presenting accurate financial reports, analyzing financial data, and ensuring compliance with regulatory standards. Additionally, you will collaborate with senior management to interpret financial trends, provide strategic recommendations, and support decision-making processes. Your role will involve maintaining detailed financial records, overseeing budget tracking, and assisting in the preparation of annual financial statements. Strong proficiency in financial software, exceptional analytical skills, and meticulous attention to detail are essential requirements for this position.
Prepare periodic risk management and internal control reports for review by senior management, the Audit Committee, and other relevant stakeholders, ensuring clear presentation of key findings and recommendations.
Monitor and document the advancement of mitigation and control enhancement initiatives, providing regular updates on their status.
Seeking a candidate with a strong educational background, relevant professional qualifications, and a proven track record of success in the field. The ideal applicant must demonstrate exceptional analytical, communication, and problem-solving skills, along with the ability to work effectively in a fast-paced, collaborative environment. Prior experience in a similar role is required, as is familiarity with industry-specific tools and methodologies. Additional attributes include adaptability, attention to detail, and a commitment to continuous learning and professional development.
Seeking a highly motivated individual with a strong background in [specific field/industry], preferably holding a [degree/certification] or equivalent work experience. Proficiency in [relevant software/tools] and exceptional analytical, problem-solving, and communication skills are essential. The ideal candidate will demonstrate a proven track record in [specific task/achievement], with the ability to thrive in a fast-paced, collaborative environment. Familiarity with industry standards and best practices, along with a commitment to continuous learning and professional development, will be highly valued. Strong organizational abilities and attention to detail are required to ensure accuracy and efficiency in all responsibilities.
A bachelor’s degree in Accounting, Finance, or a closely related discipline is required.
Professional certifications, including ACA, ARCA, CIA, COMA, CISA, or CRM, are highly beneficial.
Candidates must possess a minimum of three to five years of professional experience in risk management, internal control, internal audit, or a related field.
We seek a candidate with a background in compliance, ideally within real estate, facility management, or hospitality sectors.
Possesses comprehensive expertise in risk management frameworks, ensuring alignment with organizational objectives and regulatory requirements.
Proficient knowledge of applicable laws, regulations, and corporate governance best practices is required.
Proficiency in utilizing the Microsoft Office Suite and ERP systems is essential for this role.
Preferred Qualifications: Demonstrates strong proficiency in [specific skills], ensuring accurate and efficient execution of tasks. Exhibits exceptional organizational abilities to manage multiple projects simultaneously while maintaining high attention to detail. Possesses excellent communication skills to collaborate effectively with cross-functional teams and stakeholders. Exhibits adaptability in dynamic work environments, proactively resolving challenges with innovative solutions. Values continuous learning to stay updated on industry trends and best practices, contributing to personal and organizational growth.
Skilled in discerning, assessing, and ranking risks within operational, financial, and regulatory domains.
Analytical prowess and the ability to resolve complex issues efficiently are essential.
Proficient in performing control testing and analyzing the underlying causes of control deficiencies to enhance overall system reliability and effectiveness.
Demonstrates exceptional proficiency in crafting clear, concise, and impactful reports, alongside the ability to convey complex information effectively through both written and verbal communication channels.
Upholding stringent ethical principles and demonstrating unwavering integrity in all professional interactions and decision-making processes.
Attention to detail is essential, and the ability to recognize control deficiencies is required.
Highly developed organizational capabilities and effective time management proficiency are essential for this role.
Proven capability to identify and recommend effective, risk-informed solutions for mitigating vulnerabilities and enhancing controls.
Proven capability to operate autonomously as well as in partnership with diverse, cross-functional teams to deliver shared objectives effectively.
Suitable candidates are encouraged to forward their applications to recruitment2@updcplc.com.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
