The Head of Fraud Prevention & Intelligence is responsible for implementing a world-class fraud risk framework and strategy through the introduction of cutting-edge fraud prevention and detection technologies to combat fraud and avoid potential losses for the company. This role entails planning and organizing both internal and external financial investigations, dealing with the identification and seizure of fraudulently obtained personal and business assets. The incumbent will work closely with other Control functions, the Audit & Compliance Committee (ACC), law enforcement personnel, and regulators, and will provide expert witness testimony in court.
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Responsibilities
- Implementation of Fraud Prevention/Detection strategies through Fraud Risk Assessments, Fraud Awareness training, and Fraud Analytics.
- Raise awareness of fraud issues and handle anti-fraud education efforts through training, E-Learning, and regular fraud alerts.
- Ensure application of professional forensic skills (including interviewing techniques) in the conduct of investigations.
- Lead large investigations and People/Asset Tracing efforts, providing clear direction for staff in the Division in the conduct of investigations and its outcomes.
- Manage and supervise a team of specialist resources to ensure effective and timely execution of assignments.
- Provide timely professional investigation reports including recommendations for process improvements to the LF & Senior Management.
- Testify as an expert witness in judicial proceedings, where required by the Court.
Experience
- At least 20 years of experience, with at least 16 years in Fraud Risk/Internal Audit in a large bank.
- Bachelor’s Degree in Accounting & Auditing, Criminal Justice, or a related field and CA/CPA.
- Certified Fraud Examiner (CFE) from the Association of Certified Fraud Examiners, USA.
- Demonstrable Senior VP/Director level experience needed with a strong understanding of Financial Crime and anti-fraud mitigation in the banking environment.
- Expert understanding of financial fraud investigations and analysis, including experience with complex banking frauds.
- Strong strategic and lateral thinker who knows how to turn strategy into successful operations.
- Excellent writing and presentation skills, including public speaking.
- Must be a strong team player, but also highly motivated and able to work independently, demonstrating a strong grasp of both strategic and tactical tasks and directions.
- Experience in leading multi-regional initiatives.
