VP - Fraud Prevention & Intelligence.Injaz-CXC-Fraud Prevention & Intelligence Division.Client Experience & Conduct Group

Mashreq; United Arab Emirates; On-site; AED 180,000 - 360,000; Full time

Job summary

Mashreq is seeking a seasoned Fraud Prevention Lead to implement enterprise-wide fraud prevention and detection strategies across the bank. You will oversee financial investigations, identify illicit assets, and coordinate with law enforcement.

You will lead a team of fraud examiners on complex cases, apply forensic accounting and IT techniques, and prepare clear reports with financial impact and improvement recommendations.

Responsibilities

• Implement fraud prevention & detection strategies bank-wide.
• Pan/ manage financial investigations into fraud, asset identification, and seizure where applicable.
• Lead a team of fraud examiners on complex and sensitive investigations.
• Apply forensic skills (accounting and IT) to gather irrefutable evidence.
• Conduct staff interviews and interrogations during investigations.
• Prepare investigation reports clearly documenting findings and financial impact, with improvement recommendations.
• Minimize fraud risk through the use of advanced detection tools.
• Recommend measures to reduce risk associated with doing business, preventing fraud losses.

Job description

• Responsible for implementing Fraud Prevention & detection strategies in all parts of the Bank.
• Panning and managing financial investigations dealing with financial fraud, identification of monies and assets fraudulently obtained, identification and seizure of personal and business assets and works closely with Bank and law enforcement personnel and prosecutors.
• Leads and supervises a team of Fraud examiners in complex and sensitive fraud investigations.
• Application of Forensic skills, both Account and Computer in conduct of investigations to gather irrefutable evidence.
• Application of Interview and interrogation skills in investigations of staff.
• Prepare Investigation Reports clearly documenting various findings and financial impact of the fraud and identify/recommend process improvements.
• Minimize the risk of fraud through effective utilization of complex fraud detection tools.
• Recommend measures to reduce the risk associated with doing business, thus preventing financial/fraud losses, which subsequently impact the overall performance of the business