Job Title: Senior Manager – Fraud Risk & Prevention

About the Role:

We are seeking an experienced Senior Manager – Fraud Risk & Prevention to lead and enhance our fraud detection, prevention, and investigation framework. The role involves managing fraud risk strategies, developing fraud monitoring standards, and collaborating with regulatory bodies to ensure compliance.

Key Responsibilities:

🔹 Develop & Implement Fraud Prevention Strategies

• Design fraud monitoring, detection, and case management programs aligned with corporate risk strategy.

• Establish and update fraud risk management policies, frameworks, and procedures across the organization.

🔹 Fraud Risk Monitoring & Analysis

• Conduct fraud risk assessments and develop fraud risk indicators (FRIs).

• Identify, monitor, and escalate fraud-related risks to senior management.

• Provide timely reporting on fraud trends and emerging threats.

🔹 Operational & Investigative Management

• Lead fraud prevention initiatives across all business units.

• Collaborate with regulators, peer banks, and fraud risk forums to enhance fraud detection capabilities.

• Oversee enforcement procedures against fraudsters in coordination with the legal department.

• Assist in the recovery of misappropriated assets by liaising with insurers, asset tracers, and recovery agents.

🔹 Team Leadership & Training

• Manage and mentor the fraud prevention team, ensuring alignment with best practices.

• Conduct regular fraud awareness training for critical banking functions.

🔹 Card Fraud Management

• Work with business and card operations teams to develop fraud risk controls for card transactions.

• Provide recommendations for mitigating card fraud threats while ensuring customer satisfaction.

Required Skills & Qualifications:

✔ Professional Certifications: CFE, ACFE, FRM, or equivalent fraud risk management qualification.
✔ Experience: Minimum 7–10 years of experience in fraud risk management, banking, forensic investigations, or intelligence services, with at least 5 years in banking.
✔ Expertise in fraud investigations, risk assessments, and fraud monitoring systems.
✔ Strong analytical, investigative, and project management skills.
✔ Proficiency in fraud risk frameworks, financial regulations, and compliance standards.
✔ Exceptional communication and leadership abilities.
✔ Experience in liaising with law enforcement agencies and regulatory authorities.

Benefits:

💰 Competitive salary & performance-based incentives.
🏥 Comprehensive health & insurance coverage.
📚 Professional training & development opportunities.
🤝 Collaborative work environment with industry experts.

If you are a proactive fraud risk management professional with a strong track record in banking fraud prevention, we encourage you to apply!