Risk Manager

Skill Farm Members are invited to apply for the following role:

Responsibilities:

1. Conduct FRA (Fraud Risk Assessment) for fraud-prone processes.
2. Review FRA part of the RCSAs (Risk & Control Self-Assessment).
3. Obtain and disseminate information about fraud modus operandi (MO).
4. Review the process recommendations made by the investigation team.
5. Maintain the Fraud Risk register in collaboration with other team members.
6. Support the line manager with other relevant activities such as continuous contact with peers in the Banking industry.

Skills & Qualifications:

1. Assess fraud risk exposure on a periodic basis to identify specific potential schemes and events that the organization needs to mitigate.
2. Lead the review of all operations, processes, and procedures of the bank and ensure the effective identification of fraud risks/areas that provide opportunities for fraud risk, as well as the assessment of these in terms of impact and likelihood.
3. Develop, refine, and ensure the implementation of prevention techniques to avoid potential key fraud risk events, and where feasible, mitigate possible impacts on the organization.
4. Ensure a post-mortem to identify the control weaknesses that contributed to the fraudulent act to lead to the remediation of any identified control deficiencies.
5. Keep abreast of fraud prevention & mitigation techniques, methods, Basel requirements, and international regulations, proposing and upon approval implementing new processes and improvements for supporting and enhancing the fraud prevention ability of the bank and the compliance level with standards.