Head of Digital Fraud Strategy

Responsibilities

• 1. Strategic Digital  Risk Management 
• Develop a cutting-edge strategy to identify, assess, and mitigate cybercrime and digital fraud risks.  
• Lead enterprise-wide digital risk initiatives, ensuring alignment with the bank’s digital transformation goals.  
• Advise executive level on digital fraud risk, regulatory developments, and mitigation strategies.  
 
• 2. Digital Fraud Management
• Design and implement advanced fraud detection and prevention mechanisms tailored for digital banking and Tunaiku products.  
• Leverage data analytics and machine learning to predict and identify digital fraud threats.  
• Lead the organization’s response to digital fraud and cyberattacks, ensuring timely containment, investigation, and resolution.  
 
• 3. Digital Risk Integration
• Collaborate with Technology, Product & Business Unit teams to ensure all digital banking platforms are secure and risk-aware.  
• Embed risk management into product development, ensuring a secure-by-design approach for digital offerings.  
• Anticipate future fraud trends by analyzing industry insights, technological advancements, and fraudulent behavioral patterns.
 
• 4. Regulatory Compliance and Governance
• Develop and maintain a robust governance framework for digital fraud prevention.

Requirements

• Minimum of 10 years of experience in a financial service industry, with a minimum of 5 years in fraud, credit risk, or financial forensics and fraud investigation role. 
• Strong understanding of fraud detection technologies, AI/ML models, and digital banking platforms.
• Familiarity with regulatory requirements related to financial fraud and risk management.
• Experience with a management or technology consulting firm or a similar position at an industry-leading company is a strong advantage
• Strong analytical skills with experience analyzing complex problems.
• Strategic and critical thinking with excellent problem-solving capabilities.
• Strong communication and presentation skills, with the ability to effectively communicate with senior leadership and stakeholders.
• Ability to manage multiple priorities and stakeholders in a fast-paced environment.
• Bachelor’s degree or higher in Accounting, Engineering, Mathematics, Natural Science, or a related field is preferred.