Company Description

FAB, the UAE\'s largest bank and one of the world\'s most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry



JOB PURPOSE:

The Group Fraud Risk & Investigations function is part of the group\'s Risk Management function and provides second line Fraud Risk oversight for the firm\'s front office and support / control functions.

The role of Head of Group Fraud Investigations entails leading the Bank\'s Fraud Investigations team in alignment with the Bank\'s Fraud Policy and Response Plan, responsible for establishing rigorous investigation standards and SOPs to ensure effective governance. To ensure that all occurrences of fraud, whether confirmed or suspected, are thoroughly investigated to ultimately produce detailed investigation reports containing pertinent recommendations for consumption by relevant stakeholders. To identify emerging risks and trends and closely collaborate with departmental peers to develop mitigation measures aimed at reducing fraud and losses while maximising recovery opportunities.

KEY ACCOUNTABILITIES:

Strategic Contribution

• Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

People Management

• Manage the effective achievement of assigned objectives through the leadership of the Fraud Investigations team by setting of individual objectives, managing performance, developing and motivating staff to maximise sectional performance.
• Lead the talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organisational values and ethics by employees of the assigned department to foster a value driven culture within the bank.

Budgeting and Financial Planning

• Manage the preparation and recommend the function\'s budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.

Policies, Systems, Processes & Procedures

• Manage and ensure effective implementation of Fraud Investigation functional policies, procedures and controls covering all areas of the function\'s activity so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.

Continuous Improvement

• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Ensure that all unit reports are prepared timely and accurately and meet FAB requirements, policies and quality standards.

Qualifications

Minimum Qualification

• Bachelor\'s degree in Criminal Justice, Law, Finance, Business, or a related field.
• ACFE certification
• Advanced degree would be advantageous.

Minimum Experience & Competencies

• Minimum of 10 years\' experience in fraud investigations, preferably in the banking sector.
• At least 5 years\' leadership experience managing a team of people.
• In-depth understanding of banking operations.
• Sound knowledge of law and criminal justices procedures.
• Strong analytical, problem-solving, and decision-making skills.
• A good understanding and proven practical experience in the use of fraud detection systems and technologies.
• Excellent report writing skills.
• Excellent communication and presentation skills.
• Ability to travel as needed to bank\'s global locations.
• Strong communication and presentation skills

First Abu Dhabi Bank