Company Description
American Express Saudi Arabia, established in 1999, leads the financial sector with innovative payment solutions tailored for individuals and businesses. Committed to delivering excellence, the company provides advanced payment options, including credit and charge cards, designed to meet the diverse needs of its customers. As the leader in the Kingdom's card business payment sector, American Express Saudi Arabia supports financial flexibility by offering tools to manage expenses and optimize cash flow. By integrating global payment capabilities, extensive products, and world-class experiences, the team helps customers and businesses thrive. Join American Express Saudi Arabia and be part of a dynamic, forward-thinking organization driving financial innovation and success.
Key Responsibilities:
- Fraud Prevention Strategy: Assist the Head of Fraud Prevention in developing and implementing proactive fraud prevention strategies, ensuring alignment with organizational goals and regulatory requirements.
- Compliance with Counter Fraud Fundamental Requirement: Ensure that all fraud prevention initiatives and policies comply with the Counter Fraud Fundamental Requirement framework and other relevant regulatory guidelines.
- Risk Assessment & Fraud Register: Support the fraud risk assessment process by identifying potential fraud risks, assisting in the development of Key Risk Indicators (KRIs), and ensuring the accurate maintenance of the fraud risk register.
- Advanced Analytics: Work closely with the Head of Fraud Prevention to leverage advanced analytics tools to detect, assess, and mitigate potential fraud risks across the organization.
- Reporting & Communication: Prepare and compile detailed reports for senior management and relevant stakeholders, presenting key fraud risks, insights, and the effectiveness of fraud prevention strategies.
- Cross-Functional Coordination: Assist in coordinating with cross-functional teams to ensure the effective execution of fraud prevention initiatives, fostering a culture of fraud awareness and proactive prevention across departments.
Qualifications & Experience:
- A bachelor's degree in risk management or a related field.
- Fluency in both English and Arabic, with excellent written and verbal communication skills, and the ability to present findings clearly to senior management and stakeholders.
- Strong analytical skills and experience working with data to uncover patterns and identify potential fraud risks.
- Excellent reporting skills, with the ability to prepare clear, detailed, and actionable reports for senior management and relevant stakeholders.
- Ability to work independently and collaboratively across departments in a fast-paced, dynamic environment.
- Highly detail-oriented, with a strong focus on accuracy in managing fraud risk documentation and reporting.
