Risk & Payments Subject Matter Expert (SME)

About the role

Capitex is looking for an experienced Risk & Payments Subject Matter Expert to lead risk‑based supervision activities for payment system operators in the United Arab Emirates. The SME will design frameworks, assess operational and systemic risks, and advise on regulatory developments.

Key responsibilities

• Design and implement risk‑based supervisory frameworks for RTGS, retail and digital payment systems.
• Develop risk assessment methodologies, maintain risk registers and conduct scenario analyses for settlement failures, cyber incidents and operational disruptions.
• Review compliance with international standards (e.g., CPMI‑IOSCO PFMI) and recommend best practices in operational resilience, business continuity, data security and consumer protection.
• Prepare SOPs for on‑site and off‑site supervisory reviews, including management interviews and technical assessments.
• Provide technical advice on regulatory developments and industry best practices to senior management and regulatory authorities.

Required profile

• Advanced understanding of payment systems and risk‑based supervision methodologies.
• Strong knowledge of PFMI principles, self‑assessment, gap analysis and compliance roadmaps.
• Proven experience with risk registers, scenario‑based supervision and operational resilience requirements.
• Excellent analytical, communication and stakeholder‑management skills.

Required skills

• Risk assessment techniques
• Scenario‑based supervision
• Operational resilience (business continuity, disaster recovery)
• Information security controls
• PFMI compliance