Head- Fraud Management – ()
Description
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers – the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role of Head- Fraud Management.
Job Purpose:
As the Country Head of Fraud Management, will be required to provide leadership to the fraud management team to ensure implementation of fraud management programs through embedding RBB and CIB policies to reduce losses.
Key Accountabilities
- Develop and implement a comprehensive Fraud management strategy that aligns with the organization’s goals and objectives across all business segments.
- Provide leadership and direction to Fraud Management teams, ensuring effective management of resources, staff development, and performance management.
- Establish and maintain effective working relationships with internal stakeholders, including senior management, business unit leaders, and employees, to ensure a strong culture of security awareness and compliance.
- Lead and coordinate risk assessments, threat analyses, and vulnerability evaluations to identify potential Fraud gaps and develop appropriate mitigation strategies.
- Collaborate with internal and external partners, including law enforcement agencies, regulatory bodies, and industry peers, to stay abreast of security trends, best practices, and regulatory requirements.
- Develop and maintain emergency response and business continuity plans to ensure the organization’s readiness to address security incidents and other emergencies.
Qualifications
Education and experience:
· Degree in a related field (e.g. Criminology, accounting, social studies, law banking, criminal justice, risk management) or other relevant certification preferred (e.g. CFE, PCI).
Education and experience
- Degree in a related field (e.g. Criminology, accounting, social studies, law banking, criminal justice, risk management) or other relevant certification preferred (e.g. CFE, PCI).
- Proven working experience in Fraud management.
- Strong interpersonal and communication skills including the ability to interact with clients, upper management and law enforcement.
- Demonstrated integrity, discretion, and sound judgment when handling sensitive information and confidential matters.
- Demonstrated management capability and proven working experience in investigations of frauds and other crimes.
- Flexibility to adapt to changing priorities and manage multiple tasks simultaneously while meeting deadlines.
Knowledge & Skills
- Thorough understanding of the Bank operations.
- Knowledge of Bank risks and their mitigation.
- Knowledge of CBK prudential guidelines.
- Knowledge of AML and KYC policy guidelines.
Work Experience:
- Over 10 years working experience in the Banking sector.
- Over 4 years working experience in fraud management.
General Competencies
- Understanding of the key systems and processes.
- Performing through other people.
- Delivering for results.
- Attention to detail & Fast Learner.
- Team player.
- Thorough knowledge and clear understanding of Banks’ policies.
- Good people management skills.
