• The Registration Authority’s (RA’s) Monitoring & Enforcement (M&E) Division is responsible for the monitoring of compliance with and, where necessary enforcement of, ADGM’s commercial legislation. ADGM’s commercial legislation, includes the (non-financial) regulations and rules governing the incorporation, registration, commercial licensing and operation of firms in the ADGM.
• The Monitoring Section within the M&E Division is responsible for carrying out the monitoring aspect of these responsibilities. This includes monitoring of financial, non-financial and retail licensed persons as well as registered auditors and insolvency practitioners.
• The Senior Specialist – Monitoring (Audit) supports the RA’s external audit oversight function by carrying out the delivery of the RA’s monitoring strategies, priorities objectives, policies, risk based assessment framework and reporting.

Operational responsibilities

• Support the development and delivery of the RA’s auditor monitoring strategy and framework.
• Support the structured and consistent execution of the auditor monitoring framework, including to educate, assess, report on and respond to ADGM registered audit firms and audit principals.
• Carry out monitoring activities, including outreach, education, and desk based reviews of audit firms.
• Carry out risk based on-site assessments of ADGM registered audit firms including audit file reviews.
• Write reports based on findings from monitoring activities.
• Collect, collate, review, assess and log annual notifications from ADGM audit firms.
• Set, track and follow up on reminders to firms related to filings, correcting non-compliance, fines and other M&E operations.
• Deliver appropriate and timely monitoring assessments and recommendations to the Head of Audit Supervision.
• Work closely with the RA Enforcement Section on matters that may require regulatory action concerning auditors.
• Work closely with the Financial Services Regulatory Authority concerning financial audits of the accounts of ADGM financial services firms.
• Assist in managing relationships with external stakeholders, including other regulatory authorities and any other relevant stakeholders;
• Continuously review and where appropriate, improve the internal processes and procedures of M&E.

Information Security related

• Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions.
• Confidentiality, Integrity and availability of the ADGM Information shall be maintained at all times i.e. within as well as outside ADGM.

Education

• A Bachelor degree.

Qualifications / Membership

• An accounting professional qualification recognised by the RA.
• A member in good standing of a recognised professional body.

Work Experience

• A minimum 6-8 years’ post qualification experience in accounting / auditing supervision or related consultancy with at least part of that experience working in AML.
• Strong communication skills, including ability to write in plain business English.
• Understanding of the public interest role of regulatory bodies.
• Knowledge of regulatory / supervisory policies and frameworks.
• Knowledge of International Standards on Auditing (ISAs) and International Financial Reporting Standards (IFRS)
• Knowledge in firm risk assessment and identifying required action.
• Analytical, problem solving, communication and interpersonal skills.
• Ability to make sound decisions, based on good judgement, analysis and evidence that are well documented.
• Internal and external stakeholder management skills.

Established by a UAE Federal Decree, ADGM operates across Al Maryah Island and Al Reem Island, an area of 1,438 hectares, making it one of the largest financial districts in the world.
ADGM operates under the supervision of three independent authorities: the Registration Authority (RA), the Financial Services Regulatory Authority (FSRA), and ADGM Courts. These authorities work collaboratively to create a business-friendly environment that adheres to international best practices, gaining recognition from major financial centres, regulators, and associations worldwide.
Since its inauguration in late October 2015, ADGM has earned global acclaim for its robust, progressive regulatory frameworks, its English common law legal framework, and its incorporation and business services. By fostering collaboration and understanding the specific business requirements of its diverse community, ADGM has pioneered numerous industry-first initiatives, both regionally and globally. Serving as a catalyst for growth, ADGM brings value to its clients, partners, and contributes to Abu Dhabi's ambitious growth plan and strategy.
With its expanded jurisdiction, ADGM attracts a diverse range of businesses, financial institutions, and professional services firms. It provides a comprehensive suite of business solutions, encompassing company formation, regulatory support, dispute resolution, and access to a vibrant community of like-minded professionals.
ADGM's purpose is in creating a world-class business environment that nurtures growth, fosters innovation, and supports economic diversification in alignment with Abu Dhabi's vision for the future.