Kamel Pay is looking for an experienced Manager – Internal Audit to establish and lead a risk-based internal audit function across our regulated fintech operations.

The role will provide independent assurance over governance, risk management, internal controls, and regulatory compliance, with particular focus on Kamel Pay’s Stored Value Facility (SVF) and Retail Payment Services (RPS) activities.

Mandatory Requirement

Candidates must have a minimum of 2–3 years of direct internal audit experience within a CBUAE-regulated Stored Value Facility (SVF)-licensed institution.

Applications without direct SVF-licensed institution experience will not be considered.

Key Responsibilities

• Develop and execute a risk-based annual internal audit plan for approval by the Board Audit Committee.
• Establish and maintain the Internal Audit Charter, methodology, and procedures in line with IIA Global Internal Audit Standards.
• Conduct operational, financial, compliance, technology, and thematic audits across the organisation.
• Review controls relating to customer-fund safeguarding, settlement, reconciliation, float management, KYC/CDD, transaction monitoring, and wallet limits.
• Assess AML/CFT controls, sanctions screening, PEP management, suspicious transaction reporting, and regulatory record keeping.
• Review outsourcing arrangements, third-party risk, information security, IT controls, business continuity, and data protection.
• Prepare clear, risk-rated audit reports and present key findings to senior management and the Board Audit Committee.
• Track remediation plans and escalate overdue or high-risk findings.
• Support CBUAE examinations, external audits, and other regulatory reviews while maintaining the independence of the internal audit function.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, Commerce, Business, or a related discipline.
• CIA, CA, ACCA, CPA, or equivalent certification is strongly preferred.
• CISA or CAMS certification would be advantageous.
• Demonstrated experience auditing payments, e-money, digital wallets, fintech, or regulated financial-services operations.
• Strong knowledge of the CBUAE SVF Regulation and Retail Payment Services and Card Schemes Regulation.
• Good understanding of UAE AML/CFT requirements, safeguarding controls, reconciliation, IT general controls, and third-party risk management.
• Strong audit-report writing, analytical, stakeholder-management, and Board-level communication skills.
• High standards of integrity, independence, confidentiality, and professional judgement.

Please apply only where the mandatory SVF internal audit experience requirement is fully met.