Head of Central Anti-Fraud Services

Job summary

This role typically involves overseeing and managing the organization's efforts to detect, prevent, and respond to fraudulent activities.

Job description

• Strategic Leadership: Develop and implement anti-fraud strategies and policies to protect the organization from fraud risks.
• Fraud Detection and Prevention: Oversee the deployment and management of fraud detection systems and tools. Ensure continuous monitoring and analysis of transactions and activities to identify potential fraud.
• Investigation Management: Lead and coordinate investigations into suspected fraud cases. Work closely with internal teams and external agencies to gather evidence and take appropriate action.
• Risk Assessment: Conduct regular risk assessments and develop mitigation strategies.
• Compliance: Ensure compliance with laws and regulations, and report on fraud incidents.
• Team Management: Manage and mentor the fraud team.
• Collaboration: Work with other departments and external stakeholders.
• Policy Development: Create and update anti-fraud policies and procedures

Qualifications

Education: A bachelor's degree in finance, accounting, business administration, or a related field. Advanced degrees (e.g., MBA, master's in finance) are often preferred.

Certifications: Relevant certifications such as Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), or Certified Anti-Fraud Specialist (CAFS) are highly valued.

Experience: Extensive experience in fraud detection, investigation, and prevention, often 10+ years, with a significant portion in a leadership role.

Analytical Skills: Strong ability to analyze complex data and identify fraud patterns.

Leadership: Proven leadership and team management skills.

Communication: Excellent verbal and written communication skills for reporting and stakeholder engagement.

Technical Proficiency: Familiarity with fraud detection software and tools.

Knowledge: In-depth understanding of relevant laws, regulations, and industry standards related to fraud and financial crimes.