Summary: A Fraud Risk Assessment Specialist is needed to enhance fraud prevention measures within leading banks in KSA through rigorous assessments aligned with SAMA CFF.
Main Responsibilities:
- Conduct enterprise-wide fraud risk assessments aligned with SAMA CFF requirements.
- Identify fraud risk exposure, control gaps, and mitigation strategies across banking operations.
- Review existing fraud controls, policies, and procedures against regulatory expectations.
- Support the development of fraud risk registers, assessment frameworks, and reporting models.
- Work closely with compliance, risk, internal audit, and business teams.
- Prepare documentation, presentations, and recommendations for stakeholders and regulators.
- Participate in fraud governance and transformation initiatives within the bank.
Key Requirements:
- Strong experience in fraud risk assessment within banking environments.
- Hands-on experience with SAMA Counter Fraud Framework (CFF).
- Prior experience working with local Saudi banks is mandatory.
- Good understanding of fraud controls, operational risk, and regulatory compliance.
- Strong stakeholder management and communication skills.
- Arabic language is preferred.
Nice to Have:
- Knowledge of international fraud risk assessment standards.
- Familiarity with emerging technologies in fraud detection.
- Experience in training or mentoring staff on fraud prevention techniques.
Other Details:
- Location: Riyadh, KSA
- Contract Duration: 4 months (extendable)
- Work Setup: Onsite
