Fraud Risk Officer / Consultant
Full time posted 1 month ago in Accounting / Finance Shortlist Email JobJob Detail
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Job ID 146665
Job Description
Location: Kuwait
Reporting To: Technology Risk Director
 Job Summary:
Seeking an experienced Fraud Risk Officer to join our Risk Advisory practice, supporting a leading banking client’s Non-Financial Risk function. The role involves advisory and delivery support across fraud risk management, working within a regulated financial services environment in alignment with central bank regulatory frameworks.
 Key Responsibilities:
- Assist in developing and implementing fraud risk policies and procedures aligned with relevant Central
- Bank guidelines and Counter Fraud Framework (CFF) requirements, including regional regulators (e.g.,
CBUAE, SAMA)
- Design and enhance procedures for fraud risk assessment, fraud detection standards, fraud response
- plans, fraud prevention standards, and alert & case management
- Conduct fraud risk assessments across retail and corporate products, loan products, digital channels
- (online and mobile banking), payment solutions, branch operations, ATM management, card services, and treasury/investment services
- Identify inherent and residual fraud risks, including emerging threats such as digital fraud and
- identity-related risk
- Define and update Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) with thresholds and reporting mechanisms
- Develop and enhance a comprehensive Fraud Risk Universe/library
- Support the design of fraud incident response and investigation procedures
- Define KPIs to evaluate the effectiveness of fraud risk management activities
- Prepare management-level reports and presentation materials for Risk Committee and governance forums
Candidate Profile:
- 3–5 years of experience in Fraud Risk Management within Banking or the regulated financial sector,
- preferably with local and regional exposure
- Requirement Open for all nationals
- Proven experience working with applicable Central Bank regulatory frameworks and counter-fraud
- regulations
- Strong background in risk assessment, control design, and performance measurement
- Relevant professional certifications preferred (not mandatory): CA / ACCA / CPA / CIA / CFE
Apply at ruchi@career-hunters.com
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