Head - Fraud Risk Management

About easypaisa digital bank:

easypaisa is Pakistan’s first digital bank and has advanced Pakistan’s digital finance landscape. Backed by our shareholders, Telenor Group-a leading telecom operator in Asia and the Nordics- and Ant Group-the force behind Alipay, the world’s leading open internet platform, easypaisa deliver secure, convenient financial solutions to millions of Pakistanis

Position Summary:

The Head of Fraud Risk is responsible to implement a robust fraud prevention, detection and investigation framework to safeguard bank against the risk of fraud. All regulatory and internal guidelines regularly updated in the anti-fraud policy.

Duties and Responsibilities:

1. Ensure that Fraud Risk Framework and policies satisfy and exceed all appropriate regulatory requirements in relation to Fraud Risk Management.
2. Promote an enterprise culture of Fraud Risk awareness and training
3. Build close relationship with Business Unit counterparts for Fraud Risk Management.
4. Coordinate fraud risk management activities at bank/region level.
5. Develop and maintain an entire team of fraud investigations to complete all assigned tasks.
6. Coordinate fraud risk management activities at bank-level;
7. Provide appropriate and regular assurance reporting and awareness of new trends in relation to Fraud Risk to Senior Management
8. Provide summary of fraud events and action(s) taken by the management to the BRMC on quarterly basis;
9. Ensure coordination of appropriate Fraud Investigation activities through agreed structures to ensure appropriate and timely initial responses to Fraud incidents / events and longer term remediation efforts to reduce likelihood / impact by ensuring the implementation of relevant control / process enhancements.
10. Identify opportunities to improve Anti-Fraud controls and reduce impact / likelihood of Fraud risk.
11. Assess emerging Fraud risks, including those related to new products or significant processes.
12. Ensure compliance on all fraud risk reporting requirements both internal and external.
13. Incumbent shall be responsible to adhere by Easypaisa Digital Bank Behaviors (Be respectful, Keep Promises, Always Explore and Create Together) in all aspects of his / her work conduct.
14. Incumbent shall be responsible to adhere by Telenor Microfinance Bank Behaviors & Values in all aspects of his/her work conduct.
15. Ensure that a culture of risk and compliance management is implemented, and institute performance measures tied to individual risk and compliance responsibilities

Education:

Bachelor (Business Administration & Commerce)

Experience:

10 to 15 years

Behavioral Skills & Competencies:

• Leadership and strong team management skills
• Decision Making
• Analytical Skills
• Communication Skills
• Negotiation Skills
• Decisiveness
• Financial and Risk Analysis