Fraud Prevention Specialist

3 days ago


Muscat, Muscat, Oman ahlibank Full time
About the Role

We are seeking an experienced professional to lead our operational and fraud risk management unit. As the Head of Operational and Fraud Risk Management, you will be responsible for developing and implementing strategies to minimize operational risks and prevent fraudulent activities.

Main Objectives
  1. Operational Risk Mitigation:
  2. Establish a robust Operational Risk Management framework to identify, assess, and mitigate operational risks.
  3. Implement Key Risk Indicators (KRIs) to monitor and measure operational risk exposure.
  4. Drive business continuity planning and crisis management efforts to ensure minimal disruption to bank operations.
  1. Fraud Detection and Prevention:
  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 Efficiency:
  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:
  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:
  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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