Risk Management Executive

3 days ago


Muscat, Muscat, Oman ahlibank Full time
Job Summary

We are looking for an accomplished professional to lead our operational and fraud risk management team. The ideal candidate will possess excellent leadership skills, have extensive experience in operational and fraud risk management, and be able to develop and implement effective strategies to minimize operational risks and prevent fraudulent activities.

Main Accountabilities
  1. Operational Risk Reduction:
  2. Develop and implement a comprehensive Operational Risk Management framework to identify, assess, and mitigate operational risks.
  3. Establish Key Risk Indicators (KRIs) to monitor and measure operational risk exposure.
  4. Drive business continuity planning and crisis management efforts to minimize disruption to bank operations.
  1. Fraud Detection and Prevention Initiative:
  2. Design and implement proactive measures to detect and prevent fraud, leveraging advanced detection tools and techniques.
  3. Analyze and report on fraud cases detected and the resulting cost savings.
  4. Enhance fraud prevention controls and awareness programs to achieve sustained reductions in fraud incidents.
  1. Investigation Process Optimization:
  2. Streamline fraud investigation processes to reduce average investigation time and increase closure rates.
  3. Improve investigation accuracy by refining methods and tools used to identify and verify fraudulent activity.
  1. Risk Management Strategy:
  2. Conduct comprehensive risk assessments to identify and address operational and fraud risk exposures.
  3. Oversee the implementation of risk mitigation measures and track their effectiveness in reducing risk.
  4. Maintain regulatory compliance in operational and fraud risk management.
  1. Team Leadership and Development:
  2. Develop and manage a high-performing operational and fraud risk management team.
  3. Provide training and development opportunities to enhance team skills and knowledge.
  4. Mentor team members to ensure they meet performance standards and goals.
  1. Reporting and Communication:
  2. Deliver timely and accurate investigation and risk reports to stakeholders.
  3. Maintain accurate records and documentation for all operational and fraud risk management activities.
  4. Communicate effectively with stakeholders to ensure clear understanding of risk management initiatives and outcomes.


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