Home Qatar Manager - Anti-Fraud (Compliance)

Home Qatar Manager - Anti-Fraud (Compliance)

Manager - Anti-Fraud (Compliance)

Full time at a Laimoon Verified Company in Qatar
Posted on November 8, 2024

Job details

The Manager - Anti-Fraud (Compliance) will be responsible for developing, implementing, and maintaining the bank's fraud prevention and detection strategies to protect the organization from internal and external fraud. The role will ensure the organization complies with local and international regulatory frameworks related to fraud and financial crime. The incumbent will manage investigations, identify risks, and develop mitigation strategies in collaboration with internal and external stakeholders.Key Responsibilities:Fraud Risk Management:Develop and execute the bank's anti-fraud strategy, policies, and procedures.Identify emerging fraud risks and propose effective controls to mitigate them.Conduct fraud risk assessments across all business units and recommend improvements to controls and processes.Lead efforts to ensure compliance with international fraud and financial crime regulations.Fraud Detection & Prevention:Implement and maintain advanced fraud detection systems to identify and mitigate suspicious activities.Monitor internal and external fraud trends and apply analytical tools to detect anomalies.Conduct regular reviews of anti-fraud measures, ensuring alignment with industry best practices.Investigation & Case Management:Lead and manage complex fraud investigations and provide recommendations for remediation.Coordinate with internal departments, law enforcement, regulators, and external stakeholders during investigations.Maintain detailed records of investigations and prepare comprehensive reports for senior management and regulators.Compliance & Reporting:Ensure compliance with local and international regulations, including Qatar Central Bank (QCB) and other relevant financial crime laws.Prepare and submit fraud-related regulatory reports and disclosures as required by law.Collaborate with the legal and compliance teams to ensure fraud-related compliance is embedded within the organization's governance framework.Training & Awareness:Develop and deliver anti-fraud training programs to employees across the bank.Foster a culture of fraud awareness by promoting ethical behavior and adherence to fraud prevention policies.Act as a subject matter expert (SME) on anti-fraud matters, advising senior management on emerging fraud risks and best practices.Stakeholder Management:Liaise with external bodies, including auditors, regulatory agencies, and law enforcement, to strengthen the bank's anti-fraud capabilities.Collaborate with internal departments such as IT, Risk, and Operations to ensure cross-functional alignment in fraud detection and prevention efforts.Qualifications & Experience:Bachelor's degree in Finance, Accounting, Business, or related field. A Master's degree or relevant certification (e.g., CFE - Certified Fraud Examiner) is highly desirable.A minimum of 10 years of experience in fraud management, financial crime, or compliance, preferably within the banking sector.In-depth knowledge of local and international fraud laws and regulations, including QCB guidelines.Strong analytical skills, with experience in utilizing fraud detection systems and tools.Proven track record in leading fraud investigations and managing a fraud prevention framework.Skills & Competencies:Strong leadership and managerial skills with the ability to lead cross-functional teams.Excellent communication and presentation skills, with the ability to communicate complex issues to senior management and external regulators.Analytical mindset, with a keen ability to detect, analyze, and mitigate fraud risks.High ethical standards and integrity, with a commitment to ensuring compliance with all relevant legal and regulatory requirements.Strong stakeholder management skills with the ability to influence and collaborate across departments.

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