Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Naif H Alhumaidi

Internal Audit & Compliance
Riyadh

Summary

Professional with extensive background in evaluating the efficiency and effectiveness of controlling departments, regulatory compliance, and risk management. Proven ability to develop and implement effective compliance programs, ensuring adherence to industry standards and legal requirements. Strong focus on team collaboration and achieving results, adaptable to changing needs. Skills include policy development, auditing, and stakeholder communication, internal audit standards and best practices.

Overview

11
11
years of professional experience
2016
2016
years of post-secondary education
3
3
Certifications

Work History

Team Lead, Compliance

Saudi Investment Recycling Company (SIRC)
01.2024 - Current
  • Leading the team in conducting compliance reviews to ensure adherence to regulatory standards, internal charters, delegation of authorities, policies, and procedures.
  • Prepared and presented comprehensive reports to upper management, covering issues, and recommendations.
  • Reviewing the group's comprehensive risk assessments to identify potential compliance issues, and create preventative mitigation strategies.
  • Enhanced stakeholder confidence by maintaining up-to-date compliance documentation and transparent reporting.
  • Develop and maintain a live universe that includes all the applicable internal and external laws and regulations for the Company.
  • Leading the team to monitor the company's required permits and licenses.
  • Leading the team in monitoring, reviewing, and following up on all fines, violations, and warnings for the company.
  • Conducted thorough internal audits
  • Participating as a member of investigation committees into potential violations of laws or regulations, ensuring swift resolution and corrective actions when necessary.
  • Lead the team in monitoring all the noncompliance observations, along with the action plan status, and the corrective targeted date.
  • Leading the team in the preparation and publication of awareness and training.

Senior Internal Auditor

King Salman Humanitarian Aid & Relief Center
03.2023 - 01.2024
  • Assess and make appropriate recommendations to improve the governance process.
  • Improved internal control processes by conducting thorough audits and identifying areas for improvement.
  • Enhanced operational efficiency through the development and implementation of risk-based audit plans.
  • Developed strong working relationships with key stakeholders to facilitate open communication during the audit process.
  • Ensured compliance with regulatory requirements and company policies through meticulous audits and effective communication with management.
  • Provide assurances of compliance with policies and procedures.
  • Evaluate the effectiveness of controls and management procedures.
  • Inspection of procedures and controls for managing humanitarian aid and relief operations and programs.
  • Assurances of complying with relevant laws and statutes.
  • Follow up on the results and recommendations of the audit reports issued to the departments.
  • Providing consultations to His Excellency the Minister, and the Center's departments upon request.
  • Participating in the establishment of the Compliance and Risk Unit, in cooperation with Protiviti.

Internal Auditor

Saudi Central Bank ( SAMA )
07.2017 - 03.2023
  • Participated in the Financial and Operational Audit Division. (July, 2017-July, 2019)
  • Participated in the Cash and Branches Audit Division. (July, 2019 -Dec, 2020)
  • Participating in the Financial Sector & Investment Audit Division. (Dec, 2020-presnt)
  • Helps the bank accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
  • Review and audit all governance processes, compliance, and risk management.
  • Assess and make appropriate recommendations to improve the Bank's governance process.
  • Review and audit all the operations, activities, and completed tasks to ensure that they are consistent with the objectives and commitments of the policies and procedures.
  • Assess the Bank's risks, and the efficacy of its risk management efforts.
  • Ensure that the bank is complying with relevant laws and statutes.
  • Evaluate internal controls and make recommendations on how to improve.
  • Provided valuable insights to management by presenting clear and concise audit findings, contributing to informed decision-making processes.
  • Supported management in developing action plans to address identified issues, promoting timely resolution of audit findings.

Teller and Customer Services

National Commercial Bank ( NCB )
09.2016 - 07.2017

Volunteering

01.2015 - 05.2015
  • IRS certified agent and provide free tax counseling to people.
  • Help the elderly, generally are the retired and belong to non-profit making organizations that receive grants from the IRS.

Education

Bachelor of Science - Accounting

Southern New Hampshire University
Manchester, NH, United States
12-2015

Skills

  • Compliance documentation
  • Regulatory documentation
  • Conducting investigations
  • Sanctions screening
  • Internal audits
  • Internal auditing
  • Compliance monitor
  • SOP writing
  • Regulatory standards
  • Report writing
  • Risk assessments

Certification

ISO 22301 Business Continuity and Process Improvment

Timeline

ISO 22301 Business Continuity and Process Improvment

05-2025

International Compliance Officer (ICO)

01-2025

Certified GRC Professional (GRCP)

04-2024

Team Lead, Compliance

Saudi Investment Recycling Company (SIRC)
01.2024 - Current

Senior Internal Auditor

King Salman Humanitarian Aid & Relief Center
03.2023 - 01.2024

Internal Auditor

Saudi Central Bank ( SAMA )
07.2017 - 03.2023

Teller and Customer Services

National Commercial Bank ( NCB )
09.2016 - 07.2017

Volunteering

01.2015 - 05.2015

Bachelor of Science - Accounting

Southern New Hampshire University

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Naif H AlhumaidiInternal Audit & Compliance