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Banque Saudi Fransi
Riyadh, Saudi Arabia
Posted 2022/10/27 16:18:22
Expires 2022-12-23
Ref: JB1100028123
Job Description
- The Fraud Monitoring Manager has the responsibility of minimizing BSF’s losses by monitoring and detecting internal and external fraudulent activities across the Bank. The role reports to Fraud Monitoring Senior Manager.
- Support the AFMD Head to successfully implementing the Anti-Fraud Management Policy.
- Embed the Bank’s code-of-conduct within the fraud monitoring process and ensure adherence with the highest standards of ethics.
- Responsible to ensure the fraud alerts process are cleared in a timely manner and alerts are closed via the appropriate escalation channel.
- Provide the periodic reports to the Audit Committee AC, Compliance Committee (CC), and SAMA on the results of fraud monitoring including corrective actions taken.
- Responsible for closure of gaps / observations pertaining to internal and external fraud as raised by SAMA and / or Internal Audit etc.
- Responsible to manage and oversee the scenarios embedded in Fraud Monitoring System (FIS) and the Fraud Risk Indicators to monitor internal and external activities of any fraudulent behavior and unusual transaction patterns.
- Using the results of monitoring and evaluations to standardize fraud-monitoring process and also highlight the risks noted during such reviews and report them to the relevant business unit across departments.
- Collaborate with regulators, peer banks ,committees and other industry forums to develop better fraud monitoring and prevention techniques
- Manage, lead and oversee the team to ensure the effective fraud monitoring process across various products and departments of the Bank.
- Perform other duties as directed by Head of AFMD
Skills
- At least five-seven years working experience in fraud monitoring, investigating or any another control function.
- Bachelor's degree in accounting, finance, economics, law, criminology or any other relevant experience;
- Relevant certificates in analytical technique and decision taking will be value added
- Strong leadership capabilities and management skills with the ability to create effective work relationships within and across functions
- Strategic thought leader with a focus on process innovation and improvement
- Ability to drive results in a fast-paced organization
- Analytical skillset and a rigorous, data-driven approach to problem-solving
- Effective planning and decision-making skills
- Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and legislations in the Kingdom
- Strong verbal and written communication skills (both in Arabic and English).
Job Details
Job Location
Riyadh, Saudi Arabia
Job Role
Banking
Preferred Candidate
Career Level
Management
Banque Saudi Fransi
Other
Saudi Arabia
500 employees or more
+966.5.077.77777