Job Purpose
Support line manager in planning and executing Fraud Investigation assignments in accordance with the Department's Group Risk Management (GRM) – Operation Risk Management (ORM) Framework and relevant Fraud Investigation Process.
Key Responsibilities
- Assist line manager in preparing a comprehensive Fraud Investigation Assignment Plan, prioritizing and designing the methodology/strategy of fraud investigation assignments based on a risk assessment, and sensitivity of cases and exposure, in an effective and efficient manner.
- Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
- Conducting investigations into DIB staff misconduct and internal fraud concerning activities and operations activities include but are not limited to; planning investigations, determining investigation objectives, scope, criteria, necessary resources requirement, methodology to be used to accomplish the assignment, manage individual activity assigned and conduct interviews of people under investigation.
- Makes oral or written communication with management during and at the conclusion of the assignment, discussing observations and recommending corrective action to improve operations.
- Prepare/Reviews and edits well structured, logical and objective Draft Fraud Investigation Report. Ensuring the findings have the appropriate supporting evidences and recommending proper course of action to be taken.
- Maintain the inventory of fraud investigation for proper reporting.
- Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
Job Complexity
- Ability to Reviews and analyze the results arising from assignment planning, testing performed and identifying cause of systems failures, potential affects and action necessary to remedy situations.
- Ability to ensure that fraud investigation findings are presented in a positive and constructive form.
- Ability to advise a concerned stakeholder immediately for corrective action in case of material findings where written/ verbal commentary would be necessary.
- Ability to input/suggestions for amendment to fraud investigation approach/programs.
- Ability to keep informed about improvements and current developments in banking environment, and in internal auditing, Fraud examining & risk management standards, procedures, techniques and assists staff in assimilating the GRM environment.
- Ability to provide fraud investigation recommendations to improve the controls, provisions and operational losses. Performing work more efficiently to reduce the departmental costs etc. and effectively to produce quality deliverables.
- Ability to ensure that engagements are performed in a systematic, disciplined manner and with due professional care and efficiency within defined time frame.
Ability to drive forward and co-ordinate a number of concurrent projects and tasks, managing competing demands.
Education
Minimum Bachelor's Degree
Professional Certificate (CFE/CIA etc. equivalent qualification is an added advantage)
Work Experience
Minimum 3-4 years of auditing financial/other sectors - preferably three years in a banking environment at senior position.
