Are you ready to join us on our exciting transformation journey at the largest bank in the UAE? This is an opportunity to make a real impact on our customers, employees, shareholders, and communities, as part of the FAB team. We're committed to our grow stronger movement, and as a member of our team, you'll have access to everything you need to advance your career and make a meaningful contribution to our shared success. If you're looking for a career that will help you stand out and make a difference, now is the time to join us. Let's work together to achieve great things.

JOB PURPOSE:

The Group Fraud Risk & Investigations function is part of the group’s Risk Management function and provides second line Fraud Risk oversight for the firm’s front office and support / control functions.

The purpose of the role is to ensure that the Bank’s Products, Policies, Processes, RCSA’s and new initiatives are subject to ad hoc, periodic and ongoing fraud risk assessments and reviews. The incumbent will collaborate closely with the Fraud Strategy Managers acting as SME’s as well as manage a team of people responsible to co-ordinate and conduct the reviews so that all associated fraud risks are identified and adequately mitigated. The incumbent is further responsible for managing the department’s vigilance activity comprising of level-2 reviews of loans and cards to identify potential frauds.

KEY ACCOUNTABILITIES:

Strategic Contribution

• Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

People Management

• Assist in talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organizational values and ethics by employees of the assigned department to foster a value driven culture within the bank.

Policies, Systems, Processes & Procedures

• Manage and ensure effective implementation of functional policies, procedures and controls covering all areas of the function so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.

Continuous Improvement

• Assist in process of the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Ensure that all unit reports are prepared timely and accurately and meet FAB requirements, policies, and quality standards.

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Minimum Qualification

• Bachelor’s degree in Business, Finance, Law or a related discipline.

• ACFE certification

Minimum Experience & competencies

• 10 years’ relevant experience in the banking sector.
• 5 years’ leadership experience in managing a team of people.
• In depth understanding of credit application policy, initiation and related controls.
• Very strong understanding of bank products, channels and services.
• A strong understanding of fraud risk in the banking sector.
• Excellent administrative skills.
• Strong communication and presentation skills
• Experience in managing senior internal/external stakeholders.