Fraud Management Specialist – Internal Audit

Job Description

Transguard Workforce Solutions is the UAEs leading provider of unique and innovative HR solutions. With a decade of experience in the region and a team that possesses extensive knowledge of the market, we provide a fully integrated HR solution.

We are currently recruiting a Fraud Management Specialist Internal Audit for a Gov&apost client, based out of their office in Dubai, UAE.

Job Scope:

Responsible for identifying, assessing, and mitigating fraud risks across the Authority. Supports the Internal Audit Office by managing fraud prevention, detection, and reporting, ensuring compliance with national regulations and international standards.

Key Responsibilities:

1. Fraud Risk Management

• Maintain a comprehensive Fraud Risk Register across all business units.
• Conduct monthly fraud risk assessments and update mitigation strategies.
• Collaborate with departments to design effective fraud controls.
• Prepare monthly reports with risk updates, controls, and action plans.
• Ensure documentation aligns with IAO standards.

1. Fraud Control Review & Enhancement

• Evaluate anti-fraud controls within business processes.
• Recommend and track corrective actions using monitoring tools.
• Report control evaluations to senior management.

1. Awareness & Training

• Promote fraud risk culture through semi-annual training sessions.
• Develop materials on fraud prevention, detection, and ethics.
• Act as SME for fraud-related initiatives within IAO.

1. Policies & Systems

• Propose enhancements to fraud management policies and procedures.
• Manage the whistleblowing system and report potential cases.
• Ensure consistent documentation and regulatory compliance.

1. Reporting & Communication

• Escalate confirmed/high-risk cases to Manager IAO.
• Support reporting to Audit & Risk Committee and senior leadership.
• Provide updates on investigations and control gaps resolution.

1. Other Duties

• Participate in internal audit engagements and coordinate with external auditors.
• Perform additional tasks as assigned by Manager IAO.

Job Context & Requirements:

• Maintain deep knowledge of internal policies, UAE regulations, and ACFE standards.
• Ensure fraud assessments are evidence-based and timely.
• Maintain high-quality records and documentation.

Qualifications:

• Bachelors degree in Accounting, Finance, Law, or related field.
• 57 years experience in fraud risk management and investigation.
• Mandatory: Certified Fraud Examiner (CFE).
• UAE government/public sector experience preferred.