The Risk department is responsible for managing the risk to the organisation, its employees, customers, reputation, assets and interests of stakeholders. It works and reviews a variety of sectors and not limited to enterprise risk, corporate governance, regulatory and operational risk, business continuity, information and security risk, technology risk, and market and credit risk. Ensure all company assets are secured and that there is appropriate physical security. To ensure staff and clients have a safe operating environment, to provide appropriate Antifraud measures and conduct investigations on matters of fraud and Other financial crimes.

KEY RESPONSIBILITIES

• Assist in formulation of appropriate fraud and forensics policies and procedures to guide bank operations.
• Prevention, detection and investigations of all reported fraud cases.
• Collection of Crime trends and appropriately disseminate it to the business.
• Train staff on fraud awareness and general security.
• Liaison with Law enforcement and legal agencies for necessary action on fraud and related issues.
• Providing proper and continuous liaison between the Bank and external investigative/security agencies.
• Advising the Banks line managers correctly on the implementation of bank security detail
• Represent the bank in all fraud/security forums with a view to sharing and understanding emerging crime trends in the market when required.
• Recovery of fraud losses and prosecution of fraud cases
• Keep an updated fraud management plan.
• Manage the fraud process from prevention, investigations to prosecutions/disciplinary actions.
• Prepare and signoff fraud reports and escalate for action.
•  Undertake any other assignments allocated from time to time.
• Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
• Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within my area of responsibility.
• Perform fraud assessment, which involves identifying, analyzing and describing the threats affecting the business i.e. Identify and assess threats.
• Advise on plans for if things go wrong and decide how to avoid, reduce fraud incidents.
• Assist in developing policy, procedure and systems for the department, including documentation where necessary. Revise operations, accounting, procurement, HR and MIS manuals in order to ensure they cover all the fraud risks to the company.
• Prepare fraud and related reports and present those to the Head of Risk.
• Keep abreast with latest developments in the banking fraud/security fields with a view to enhancing the department.
• Ensure compliance to key fraud policies.
• Undertake fraud awareness and whistle blowing and AML training to staff.

KEY MEASURABLE GOALS

• Timely and accurate fraud and related security investigation reports with proposed recommendation and action plan
• Report on security/fraud profile of the company and make recommendation on areas of action e.g. mitigation.
• Quarterly reports on quantifiable/verifiable achievements
• Update Fraud register.
• Assist in planning, designing and implementing an overall fraud management process.
• Assist in Submission and follow up of all insurance claims to settlement.
• Prepare inputs on fraud for insurance sizing purposes.
• Alert management and branches on frauds trends and advice on measures to curb them.

STAFF SUPERVISION RESPONSIBILITIES

Staff Reporting Directly to the Job Holder

• None

Others Reporting Indirectly

• None

PERSON SPECIFICATION

Essential

Education

• Degree/Diploma in Criminology and Security Studies; or
• Degree in social studies, business, law or related studies

Desirable

• CFE,
• Data analysis / analytics certification e.g. advanced excel certification.

Knowledge and Skills

• Investigative knowledge
• Fraud and financial crime management skills
• Knowledge of the key investigation and evidence gathering procedures
• Data analysis skills using excel or similar tool.
• Advanced communication skills
• Knowledge of relevant laws
• People management skills

Experience

• 5 years’ experience in the field of fraud investigations.

Personal Attributes

• Ability to institute investigations, detect frauds and gather intelligence.
• Persistence, an eye for detail and ability to complete assignments and keep to deadlines.
• Trustworthy and honest
• Confident
• Team player

Physical demands

• Travel to branches.
• Obtain and Secure evidence.
• Travel to crime location/scenes.
• Unstructured working hours

Skills

Conducting Investigations, Corporate Governance, Fraud Awareness, Law Enforcement, Management Reporting, People Management, Strategic Advice, Strategic Planning