Job Grade: Assistant / Deputy Manager/ & Senior Manager
Salary Range: AED 15,000 – AED. 24,000/month plus benefits
STRATEGIC
- Champion the development, definition and communication of an enterprise-wide fraud risk management Strategy.
- Lead the redefinition, approval and communication of Fraud Risk Policy, to include definitions of fraud risk, communicate executive and senior management oversight organizational structures and identifying and assigning specific fraud risk management responsibilities in relation to:
- Defining fraud risk appetite & framework
- Identifying, analyzing & assessing fraud risks
- Identification & implementation of cost effective fraud deterrent, prevention, detection, response (investigation and remediation), mechanisms & controls
- Ensure that fraud risk framework and policies satisfy and exceed all appropriate location regulatory requirements in relation to Fraud Risk Management.
- Build and continually develop close relationships with Business Unit counterparts for fraud risk management
OPERATIONAL
- In collaboration with other business stakeholders, develop and implement business plans and strategies to ensure a comprehensive fraud control environment within the Bank.
- Provide and manage a robust, cost effective and efficient fraud management operation and ensure that best practices in fraud management are implemented to protect the businesses reputation, revenues and operations.
- Lead and promote an enterprise culture of Fraud Risk awareness and training within the Bank.
- Ensure coordination of appropriate Fraud Investigation activities through agreed structures to ensure appropriate and timely initial responses to Fraud incidents / events and longer term remediation efforts to reduce likelihood / impact by ensuring the implementation of relevant control / process enhancements.
- Actively participate in selection of systems / tools used for Fraud Risk Management, ensuring enterprise requirements are met and support enterprise framework and policy.
- Support whistle-blowing & sound ethical culture which will in turn support Fraud Risk Management framework.
- Provide appropriate and regular assurance reporting and awareness of new trends in relation to Fraud Risk to the Head of Operational Risk & IT Security, Operational Risk Manager and Senior / Executive Management.
- Actively assist the Operational Risk and IT Security employees in identifying, assessing, appropriately controlling, monitoring of Fraud events as part of existing Business Unit RCSA’s.
- Develop operational control measures and analytical practices detect, prevent and control fraud losses while maximizing loss avoidance and recoveries.
- Participate in appropriate business meetings, forums and committees.
- Identify opportunities to improve Anti-Fraud controls and reduce impact / likelihood of Fraud risk.
- Improve standards and promote innovative thinking / initiatives in relation to Fraud Risk Management.
- Assess emerging fraud risks, including those related to new products, regulatory requirements or significant processes.
- Work closely with line and business managers to understand the business, identify risk issues, and promote solutions to manage relevant Fraud risks - At least total 8 years experiences where 4 years at in monitoring suspected fraudulent transactions
- Familiar with automated systems in banking
- Capable to take critical decisions such as stoppage of suspected transactions
- instructing other stakeholders to conduct investigation
- Certificate in Fraud Risk Management/Compliance/Financial Crime New Sourcing International (NSI) / Bluefin Talent have partnered so to offer a specialized recruitment solution in both the technology and financial services domain.
Working together as a specialist search and selection agency, we concentrate on \\'blue chip\\' financial services & technology consulting organizations across London and the Middle East; focusing exclusively on Financial Services, IT and Risk. Being niche allows us to offer a premium search service, tailored to overcome the technically challenging nature of recruitment for the specialist functions that we work.
We are dedicated to representing \\'best of breed\\' candidates in the region in our dedicated fields of employment. As such we are a leading outfit for placing ex-pats and internationally educated students in the region.
Our biggest unique selling point, is that we are steered by a dedicated team of ex-financial services and IT industry professionals. This allows us to offer a level of candidate pre-screening for roles, which is largely anomalous to the recruitment profession. Our ability to bridge the technical knowledge gap typical recruiters encounter, coupled with a thorough delivery process allows us to drive consistently superior results for our clients\\' sourcing requirements. Designed to provide a fast and efficient turnaround, we minimize the use of internal resources our clients spend vetting inadequate profiles, allowing them to quickly get back to focusing on their strategic goals.
Our strength lies not only in the specialist nature of our firm, but also in the commitment we show towards our clients and candidates. We endeavour to build long-term relationships and recognise the crucial nature of communication throughout the recruitment process. Excellence, integrity, respect and transparency are cornerstone to the culture we promote. |