Company Description Catalyst Partners Middle East, established in 2013, is one of the fastest growing investment houses in the region, with a strong focus on developing family and medium-sized businesses. Through its private equity arm, Catalyst Private Equity (CPE), the firm invests in fast-growing companies and supports their expansion to ensure sustainable long-term growth. Catalyst Partners also operates CP Lease, a flexible and innovative financial leasing arm that helps close the financing gap by leveraging deep expertise and strong banking relationships. By offering tailored, one-stop financial solutions, Catalyst Partners serves a select portfolio of clients and partners across the Middle East. Role Description To provide independent, objective assurance and advisory services that evaluate and enhance the company's corporate governance, risk management, internal control frameworks, and regulatory compliance. The role contributes to the development and execution of the annual risk-based internal audit plan for assigned entities while adhering to professional standards of independence, objectivity, confidentiality, and integrity across all assignments. Key Duties and Responsibilities:Evaluate the design, adequacy, and operational effectiveness of leasing and factoring policies, procedures, workflows, SOPs, SLAs, and authority matrices to recommend control enhancements. Assess compliance with applicable FRA laws, regulatory frameworks, Board/Audit Committee decisions, and internal policies. Review and evaluate overall corporate governance, risk management, and internal control frameworks. Execute risk-based audits covering leasing and factoring operations, client onboarding, KYC, credit assessment and underwriting, risk management, Credit approval authorities, portfolio monitoring, collections, provisioning, management, and regulatory reporting. Perform sample testing of transactions, files, and reports to verify accuracy, proper authorization, completeness, and regulatory compliance while assessing data reliability and integrity. Identify control deficiencies, determine root causes, evaluate potential risk implications, and propose actionable, risk-mitigating recommendations. Prepare clear audit files, working papers, audit reports, issue logs, and follow-up trackers. Follow up on agreed corrective actions and report overdue actions.
Qualifications 7+ years of relevant experience in internal audit, external audit, risk management, compliance, operations in non-banking financial services. Experience in Leasing and factoring corporate finance is preferred. Knowledge of non-banking financial services NBFIs regulatory decrees, instructions and requirements is preferred. Good knowledge of IIA standards, COSO internal control and risk management frameworks is preferred. Good knowledge of SOPs, SLAs, Policies, Procedures, Processes, Workflows, and operating structures is preferred. Bachelor’s degree in Accounting, Finance, Economics, Business, or related field. Internal Auditor license from the non-banking financial services NBFIs regulatory is preferred. Candidates who are not currently licensed must be willing to obtain the required regulatory license for the assigned company.