Mashreq
About the job
Job Purpose
To plan and undertake mid-size investigations into allegations of fraud of varying nature and complexity from all areas of the bank
To reduce fraud losses (current or future) by investigating effectively and efficiently
To adopt a proactive approach and contribute towards implantation of fraud prevention and detection measures in all parts of the bank
Key Result Areas
Be the lead investigator on mid-size investigations and should be capable of interacting with senior staff in business to obtain/analyze information relevant for investigations
Conduct formal interviews with staff, third parties and witnesses and take statements in accordance with the laid down guidelines of F& I Division
Reduce Fraud losses by ensuring timely action/stoppage on cases where funds of the bank or bank’s customers may be going to fraudsters and also liaise with various teams through which the funds can be recalled
To gather, record and securely retain evidence relating to an investigation in accordance with the laid down guidelines of F&I Division
Independently prepare Investigation reports clearly documenting various findings and financial impact of the fraud and identify/recommend process improvementsAssist the investigation managers in the identification of control weaknesses and implementing solutions and controls for future improvements
Assist in the development and implementation of checks and controls to prevent fraud
Assist in the development and delivery of , and to participate in education , training and awareness activities as part of the fraud awareness program
To maintain quality and efficiency standards of investigations in accordance with policy and procedures of the F&I Division
Maintain and publish all MIS related to F&I in time and accurately
Liaise with other control functions, for investigations and to develop contacts relevant to the purpose of F&I division with internal control functions
Communicate sensitively and effectively using plain language
Up-to date with relevant job specific procedures, laws, rules and regulations through professional development courses, meetings, research and job related publications
Knowledge, Skills And Experience
Certified Fraud Examiner (CFE) certification is required
Demonstrated sound fraud investigation skills in the past with at least 8 years of related experience and
Job holder should hold a bachelor degree in Accounting & Auditing, criminal justice, or related field
Excellent interviewing skills
Ability to handle pressure and tough situations
Excellent report writing skills
Multi-disciplinary capabilities: analytical , qualitative , and quantitative
Self-motivated and takes initiative
