Lead, Fraud Risk & Investigations; Emirati Talent

Job Purpose

• Ensure adequate fraud monitoring is in place to prevent and mitigate incidence of both Internal & External Frauds, with a view to enhance controls.
• Develop an anti-fraud culture by creating and launching fraud awareness programs.
• Conduct investigations relating to incidences of actual, attempted or suspected Fraud, and all instances of major control breaches.
• Timely reporting to concerned parties on all Operational Risk & Fraud related matters.

• Investigate all cases referred to the Fraud Risk Department.
• Leverage existing systems and processes to mitigate and/or prevent the risk of fraud.
• Report Fraud cases to Central Bank. (SAR/STR)
• Devise specific training modules for areas, wherein the risk of potential/actual loss is of higher propensity
• Liaison with law enforcement & government officials.
• Internal Audit, External Audit and Regulatory reviews.
• Enhance and implement Fraud Risk Assessment (FRA) and Fraud Risk related thematic review with adequate sampling and provide recommendations to implement additional controls, if needed.
• Prepare and present reports as per requirements from HOD for onward submission to Senior Management, ORMC, RC & BRCC.
• Participate in fraud conferences and trainings.

• 10 Years of experience in Risk domain
• Bachelor's in finance, Business Administration or Law or any related fields
• Certified Fraud Examiner (ACFE)
• Must have worked in the Fraud Risk /Audit
• Experience in implementation of Application Fraud and Transaction Fraud detection systems