Senior Vice President - Internal Audit
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Key skills for this role
About the Role
A client of Michael Page is seeking a Senior Vice President of Internal Audit in Qatar. This executive role involves establishing a risk-based internal audit plan, conducting audits, and managing the internal audit function for a management company, managed funds, and portfolio companies.
Key Skills for This Role
Responsibilities
- Establish and maintain a risk based internal audit plan covering the management company, managed funds, holding entities and portfolio companies
- Develop internal audit policies, methodologies and procedures aligned with recognised international internal audit standards
- Conduct risk based and ad hoc audits and prepare clear, comprehensive audit reports
- Develop and maintain an Internal Audit Charter for board approval
- Review compliance with fund documentation, partnership agreements, valuation policies and applicable regulations
- Audit fund expense allocation, fee calculations, carried interest processes, capital calls and distributions
- Independently review valuation governance, including Level 3 assets, models and assumptions
- Assess the effectiveness of compliance frameworks, conflicts of interest management and allocation policies
- Perform thematic reviews on emerging and key risks, including cybersecurity, ESG and outsourcing
- Audit and oversee key third party service providers such as fund administrators, custodians and valuation agents
- Track remediation actions, escalate high risk issues and provide an annual internal audit opinion to senior stakeholders
- Act as a key point of contact for regulators on internal audit matters and support investor due diligence
Requirements
- Extensive experience in internal audit, preferably in financial services or investment management
- Strong knowledge of internal audit standards and methodologies
- Experience with fund documentation, partnership agreements, and regulatory compliance
- Ability to manage and build an internal audit function
Full Job Posting
Key Responsibilities
- Establish and maintain a risk based internal audit plan covering the management company, managed funds, holding entities and portfolio companies
- Develop internal audit policies, methodologies and procedures aligned with recognised international internal audit standards
- Conduct risk based and ad hoc audits and prepare clear, comprehensive audit reports
- Develop and maintain an Internal Audit Charter for board approval
- Review compliance with fund documentation, partnership agreements, valuation policies and applicable regulations
- Audit fund expense allocation, fee calculations, carried interest processes, capital calls and distributions
- Independently review valuation governance, including Level 3 assets, models and assumptions
- Assess the effectiveness of compliance frameworks, conflicts of interest management and allocation policies
- Perform thematic reviews on emerging and key risks, including cybersecurity, ESG and outsourcing
- Audit and oversee key third party service providers such as fund administrators, custodians and valuation agents
- Track remediation actions, escalate high risk issues and provide an annual internal audit opinion to senior stakeholders
- Act as a key point of contact for regulators on internal audit matters and support investor due diligence
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