Executive Manager - Fraud Monitoring

Aventus Global Talent; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A regional bank in Riyadh is seeking an Executive Manager – Fraud Monitoring to lead fraud detection operations. This senior role involves overseeing real-time monitoring, managing fraud teams, and driving continuous improvement in fraud detection strategies. Ideal candidates will have over 6 years of experience in banking or financial services, with strong knowledge of fraud alerting systems and excellent people management skills. This position offers a chance to shape fraud risk management in a dynamic environment.

Qualifications

• Minimum 6 years’ experience in fraud monitoring, fraud prevention, or real-time detection within banking or financial services.
• Strong working knowledge of fraud alerting systems and multi-channel fraud typologies.
• Proven people management experience in a high-risk environment.

Responsibilities

• Lead real‑time fraud monitoring operations and oversee case management quality.
• Manage and develop fraud monitoring teams while driving continuous improvement.
• Partner with Fraud Risk, Investigations, and Cybersecurity teams to strengthen controls.

Skills

Fraud monitoring

Fraud prevention

Team management

Analytical thinking

Stakeholder management

Job description

Title: Executive Manager – Fraud Monitoring
Location: Riyadh, Saudi Arabia

About the Client

Our client is a bank in the region, continuing to strengthen its fraud risk and real-time monitoring capabilities. As part of this growth, they are looking to appoint an Executive Manager - Fraud Monitoring to lead detection operations across financial fraud, cyber threats, and behavioural risk. This is a senior role with responsibility for operational oversight, rule effectiveness, and cross‑functional collaboration to protect the bank and its customers.

Key Responsibilities

• Lead real‑time fraud monitoring operations, ensuring alerts are reviewed, prioritised, and actioned within agreed service levels.
• Oversee case management quality, including accurate documentation and the execution of preventative controls in line with established playbooks.
• Manage and develop fraud monitoring teams, providing ongoing coaching, performance oversight, and operational direction.
• Drive continuous improvement of fraud detection rules through analysis of trends, false positives, and emerging typologies.
• Partner closely with Fraud Risk, Investigations, Cybersecurity, and Operations teams to strengthen controls and manage complex escalations.
• Track and report on key performance indicators, identifying risks, control gaps, and opportunities to enhance monitoring effectiveness.

Key Requirements

• Minimum 6 years’ experience in fraud monitoring, fraud prevention, or real‑time detection within banking or financial services.
• Strong working knowledge of fraud alerting systems, monitoring workflows, and multi‑channel fraud typologies.
• Proven people management experience, with the ability to lead teams in a fast‑paced, high‑risk environment.
• Demonstrated experience in improving detection controls, tuning rules, and reducing false positives while maintaining strong coverage.
• Solid understanding of regulatory expectations and internal governance standards related to fraud risk.
• Excellent communication and stakeholder management skills, with confidence engaging senior leadership and cross‑functional teams.