Head of Anti Fraud Strategy

Responsibilities

• Responsible for leading the work unit or function that handles the implementation of the Anti-Fraud Strategy.
• Establish objectives for the implementation of the Anti-Fraud Strategy and set the annual work program to achieve those objectives.
• Carry out fraud prevention through:
• a. Anti-Fraud Awareness socialization for Amar Bank employees, including developing and promoting anti-fraud programs, instilling an anti-fraud culture among employees, and raising fraud awareness and vigilance among consumers.
• b. Identifying vulnerabilities through regular processes of identification, analysis, and risk assessment of potential fraud; results must be documented and communicated to all relevant parties.
• c. Implementing policies for "Know Your Employee" as a human resource control, including effective recruitment systems and procedures, and selection systems equipped with appropriate qualifications considering risk.
• Detect fraud through monitoring systems for high-risk activities and transactions, initial assessments of whistleblower reports indicating potential fraud, and developing internal policies related to fraud reporting.
• Conduct at least one surprise audit annually, particularly in high-risk or fraud-prone business units.
• Develop an effective fraud reporting system and follow-up mechanism.
• Prepare investigation plans and conduct investigations into suspected fraud, collect and secure evidence for further analysis, and conduct interviews & analyze investigation results.
• Compile and report investigation findings and document the results.
• Monitor and evaluate the follow-up actions taken to resolve fraud cases, to improve weaknesses and strengthen internal control systems to prevent recurrence.
• Report fraud incidents to the Board of Directors and related functions.
• Report anti-fraud activities to the authorities and revise the Anti-Fraud Strategy policies in accordance with regulatory changes.

Requirements

• At least 7 years of experience in anti fraud bank wide and handling end-to-end fraud processes including prevention, monitoring, and reporting.
• Minimum education: Bachelor's degree (S1) in any major
• Detail-oriented and comprehensive understanding of fraud handling processes
• Have integrity and independence
• Supported by clear accountability
• Highly motivated, driven, and enjoys working in a high-paced environment