Internal Audit and Risk Manager at Nawy Real Estate

Cairo, Cairo, Egypt -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

0.0

Posted On

08 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management Framework, Internal Control Environment, Independent Audits, Fund Operations Audits, Asset Management Audits, Financial Adequacy Standards, Risk Assessments, Audit Reporting, External Auditor Liaison, Risk Management Manual, Forecasting Models, Sensitivity Analysis, Business Continuity, Risk Mitigation, Regulatory Compliance, Report Writing

Industry

Real Estate

Description

Role Summary The Internal Audit & Risk Manager is responsible for the oversight of the firm’s risk management framework and the integrity of its internal control environment. The role involves identifying and forecasting potential risks, while simultaneously conducting independent audits to maintain strong governance within the REIF structure and safeguarding investors’ interests. Key Responsibilities Conduct periodic audits of fund operations, asset management practices, and internal processes to evaluate the adequacy of controls. Strictly monitor and follow up on the application of Financial Adequacy standards issued by the FRA. Prepare comprehensive risk assessments and audit reports for senior management and the FRA, providing actionable recommendations for process improvements. Act as the primary point of contact for external auditors, regulators, and stakeholders regarding risk and control matters. Establish and periodically update the Risk Management Manual and internal control frameworks to align with evolving company goals and the specific dynamics of the Egyptian real estate market. Develop procedures to identify current and potential risks; utilize forecasting models and sensitivity analysis to evaluate the probability and impact of risk occurrence. Create and implement policies to measure and avoid risks, ensuring business continuity and the successful mitigation of identified threats before they materialize. Candidate Requirements Bachelor’s or Master’s degree in Finance, Accounting, Audit, or a related field. A minimum of 5 years of experience in internal audit, risk management, or compliance, specifically within financial services or real estate investment. Deep understanding of the Egyptian Capital Market Law and FRA regulations. Must have successfully passed (or be eligible to pass) FRA-specified examinations. Professional certifications such as CIA, CRMA, FRM, PRM, or CPA are highly valued. Strong ability to analyze operational risks, develop practical mitigation strategies, and perform financial sensitivity analysis. Fluency in both Arabic and English is essential for regulatory reporting and professional communication. Exceptional attention to detail, ethical judgment, and superior report-writing skills.

Responsibilities

The manager oversees the firm's risk management framework and internal control integrity by conducting independent audits of fund operations and internal processes. Key duties include preparing comprehensive risk assessments and audit reports for senior management and regulators, and establishing/updating risk management frameworks.