Senior Fraud Risk Manager

Are you a seasoned fraud risk professional with a deep understanding of the Saudi banking landscape

We are looking for a Senior Fraud Risk Manager to lead our fraud prevention, detection, and response strategies. This is a high-impact role requiring a strategic leader who can navigate the complexities of modern financial crime while ensuring full alignment with SAMA regulations.

The Role

As the Senior Fraud Risk Manager, you will be the architect of the Bank's fraud defense. You will oversee the end-to-end fraud risk management lifecycle, from identifying emerging threat vectors in digital banking to leading high-stakes investigations and enhancing internal control frameworks.

Key Responsibilities

• Strategy & Framework: Develop and implement a robust Fraud Risk Management Framework tailored to the KSA market.
• Detection & Prevention: Enhance real-time fraud monitoring systems and predictive modeling to mitigate losses.
• Regulatory Liaison: Ensure 100% compliance with SAMA (Saudi Central Bank) guidelines and local AML/CTF laws.
• Investigation Management: Lead complex fraud investigations and provide expert testimony or reporting for senior management and legal authorities.
• Culture & Awareness: Drive a bank-wide culture of fraud awareness through specialized training programs for staff and stakeholders.

Qualifications

• Experience: Minimum of 10 years of experience in Fraud Risk Management within the Banking sector in Saudi Arabia.
• Certification: Certified Fraud Examiner (CFE) is mandatory. Additional certifications like CAMS or CRM are a plus.
• Regulatory Expertise: In-depth knowledge of SAMA regulations and KSA financial laws.
• Language: Fluency in both Arabic and English is highly preferred.
• Leadership: Proven ability to manage multidisciplinary teams and influence C-suite decision-making.

*ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED*

Note: Only candidates meeting the 10-year KSA banking experience and CFE requirement will be shortlisted.

Interested candidates, please apply to this advertisement directly or send your CV to [Confidential Information]