Lead, Fraud Risk & Investigations (Emirati Talent)

Job PurposeEnsure 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.Principal AccountabilitiesInvestigate 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 propensityLiaison 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.Experience & Qualifications10 Years of experience in Risk domainBachelor's in finance, Business Administration or Law or any related fieldsCertified Fraud Examiner (ACFE) Must have worked in the Fraud Risk /Audit Experience in implementation of Application Fraud and Transaction Fraud detection systems