Director, Fraud Response

Job Purpose:

Lead a team in conducting fraud investigations, aligning findings with industry standards, collaborating with authorities and business units, and providing actionable recommendations

Managerial Accountabilities not limited to:

• Provide input to the sector’s strategy from the section's perspective in line with Alinma overall vision and mission

• Develop the section's objectives, KPIs, annual operational plans and ensure plan execution is meeting the targets

• Contribute to the preparation of the section’s annual budget and monitor the financial performance of the section

• Oversee the overall performance of the section and ensure KPI’s are well developed, cascaded, communicated and monitored

• Ensure effective staffing, professional development and deployment of staff of the section in consultation with the Director

• Implement policies and procedures in the section

• Lead and manage a team of investigators to conduct in-depth fraud investigations in accordance with the Bank's procedures and relevant regulations.

• Ensure that investigation findings are aligned with established standards and that strategic responses are informed by the results of the investigations.

• Manage the development of comprehensive reports

• Provide clear and actionable recommendations to the business lines based on investigation findings, facilitating necessary corrective measures.

• Continuously monitor fraud cases to address any instances where legal actions are initiated against the Bank, ensuring that necessary corrective measures and penalties are implemented.

• Monitor and identify suspicious activities against the Bank, taking proactive measures to prevent fraudulent incidents

Job Qualifications:

A Master's degree with a minimum of 8 years of experience, or a Bachelor's degree with a minimum of 10 years of experience.