Job description

Reporting To: Technology Risk Director

Job Summary:

Seeking an experienced Fraud Risk Officer to join our Risk Advisory practice, supporting a leading banking client's Non-Financial Risk function. The role involves advisory and delivery support across fraud risk management, working within a regulated financial services environment in alignment with central bank regulatory frameworks.

Key Responsibilities:

• Assist in developing and implementing fraud risk policies and procedures aligned with relevant Central
• Bank guidelines and Counter Fraud Framework (CFF) requirements, including regional regulators (e.g.,
• SAMA)Design and enhance procedures for fraud risk assessment, fraud detection standards, fraud response
• plans, fraud prevention standards, and alert & case management
• Conduct fraud risk assessments across retail and corporate products, loan products, digital channels
• (online and mobile banking), payment solutions, branch operations, ATM management, card services, and treasury/investment services
• Identify inherent and residual fraud risks, including emerging threats such as digital fraud and
• identity-related risk
• Define and update Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) with thresholds and reporting mechanisms
• Develop and enhance a comprehensive Fraud Risk Universe/library
• Support the design of fraud incident response and investigation procedures
• Define KPIs to evaluate the effectiveness of fraud risk management activities
• Prepare management-level reports and presentation materials for Risk Committee and governance forums

Skills

• 3–5 years of experience in Fraud Risk Management within Banking or the regulated financial sector,
• preferably with local and regional exposure
• Requirement Open for all nationals
• Proven experience working with applicable Central Bank regulatory frameworks and counter-fraud
• regulations
• Strong background in risk assessment, control design, and performance measurement
• Relevant professional certifications preferred (not mandatory): CA / ACCA / CPA / CIA / CFE