Head of Fraud and Investigations

McGregor Boyall

UAE

Ref: NP388-186

Job description / Role

Employment: Full Time

Our client, an international bank, requires a seasoned fraud, investigations head to cover MENA.


RESPONSIBILITIES:

Policy & processes:
- Develop/Implement internal policies and processes related to conduct of investigations and monitoring of frauds.

Investigations:
- Conduct audit investigations and ensure comprehensive root-cause analysis and reporting. Conduct interrogations as required. Maintain the fraud investigation database and update with related analysis.

Fraud Monitoring:
- Identification of possible fraudulent indicators and warning signals (red flags) and monitor the same. Ensure that these are enforced through audit programmes and monitored.

Reporting:
- Report on investigations completed, and propose corrective actions. Produce the required analysis based on the fraud investigation database maintained.

Fraud committee:
- Produce for GM-IA all required reports to be shared with the fraud overseeing body/committee. Follow-up on the action advised by the Committees.

Pending issues:
- Follow up on agreed management actions and ensure action plans are implemented.

Advice on Fraud Monitoring:
- Prepare alerts on issues related to fraud and fraud preventive control mechanism. And identify and

Leadership & People Management:
- Exhibit strong leadership by managing performance, developing and motivating staff. Ensure to act as the right trainer for the staff.

Client Contact:
- Ensure to have regular meeting with related audit clients and play role in awareness and exchange of ideas, lessons learned, through regular meetings and trainings. Play a role in enhancing auditors knowledge of fraud indicators.

Innovation:
- Ensure high level of contribution in the audit process enhancement and optimization.

Policies & Procedures:
- Recommend improvements to IA Group policy/procedures and direct the implementation of procedures. Develop the Fraud manual.

Corporate Governance:
- Ensure compliance with all CBK, GB operational procedures, Risk and AML policies and procedures
- Effective investigation policies and processes
- Efficient investigations and issue resolution
- Clear and effective reporting
- Setting up red flags which prevent fraud
- Suitable recommendations for controls
- Periodic follow-ups on pending controls
- Established partnering with business
- Effective communication / interaction with Public Authorities
- Contribution to vision, strategy and performance
- Commitment to leadership, empowerment, teamwork and other values
- Effective governance & full compliance with regulations, laws and practices
- Ownership and management of financial integrity and transparency, internal control and risk

Requirements

- Extensive knowledge of forensic auditing and investigation, interrogation techniques, business controls in Financial Institutions, Legal regulations, etc
- At least 8-10 yrs in Financial Institution in audit and investigation.
- Investigation and interrogation skills
- Risk management and fraud detection skills
- Report writing skills
- Analytical skills
- Clear communication & presentation skills
- You must be able to travel on short notice without visa complications.
- You must have regional experience.
- You must have experience working in a bank and it is stongely preferable that you currently work in a bank.

McGregor Boyall is an equal opportunity employer and do not discriminate based on race, religion, gender, age, sexuality, gender identification, or physical ability.

About the Company

Established in 1987, McGregor Boyall is a global recruitment consultancy providing permanent and contract / interim professionals across a wide variety of disciplines including Technology, Risk, Finance, Compliance, Legal, Marketing and HR & Talent Management. Since our inception, we have built an unrivalled reputation for helping organisations recruit the very best talent to ensure that they realise their business and operational objectives.

Headquartered in the city of London, and with further offices throughout the UK (Manchester, Birmingham, Edinburgh and Glasgow) as well as globally in Dubai and Singapore, we are able to offer recruitment solutions throughout the UK & Europe, Middle East and Asia Pacific regions.

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