Head, Anti-Fraud Unit

¨      Develop and implement anti-fraud strategies and frameworks across the organization;

¨      Conduct regular fraud risk assessments and vulnerability tests across all banking platforms;

Manage the investigation and resolution of internal and external fraud cases, including digital and system-related fraud;

¨      Collaborate with internal departments (IT, Legal, Compliance, Audit, etc.) to ensure robust fraud detection and prevention systems are in place;

¨      Monitor suspicious transactions and red flags using fraud detection software and analytics;

¨      Review and improve existing fraud prevention and detection tools, methodologies, and reporting systems;

¨      Coordinate fraud awareness training for staff and partners, enhancing the organizational response to fraud risks;

¨      Monitor and report on fraud trends, potential risks, and control weaknesses to senior management;

¨      Manage relationships with external fraud detection agencies, regulatory bodies, and law enforcement as needed;

¨      Develop and implement policies and procedures for reporting suspected fraud;

¨      Lead the creation of the bank’s fraud policy and update it regularly in line with changing trends and regulations;

Perform other duties as assigned

Reports

¨      Fraud Investigation Report

¨      Daily, Weekly, and Monthly Fraud Control Activity Report

      Risk Assessment Report

Key Performance Indicators

¨      Reduction in fraudulent activities and losses;

¨      Timely detection and resolution of fraud cases;

¨      Compliance with regulatory requirements related to fraud;

¨      Accuracy and timeliness of fraud risk reports;

Effectiveness of fraud awareness training.

Organisational Competencies

¨      Professional Attributes

¨      Business Knowledge

¨      Personal Attributes

Functional Competencies

¨      Fraud Risk Management

¨      Financial Crime Investigation

¨      Regulatory Compliance (AML/CTF)

¨      Data Analytics for Fraud Detection

¨      Systems/Technology for Fraud Prevention

Vendor and Stakeholder Management

Job Specifications 

Qualifications & Certifications

¨      A University degree in Accounting, Finance, IT, or related disciplines;

Certifications such as Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), or equivalent.

Working Experience

5-7 years of experience in fraud prevention, detection, investigation, or a related role