Head, Fraud Risk Management and Forensics

About The Job Job Summary: To manage fraud risk within the Emerging Markets Cluster of Global Retail & Commercial Banking by implementing & embedding the Group Fraud Risk Control Framework and policies, managing fraud losses within the budgets / appetite, ensuring fraud reporting standards are complied with; development of fraud risk capability in fraud management & investigations and pro-actively incept/lead fraud reduction, training & prevention initiatives across the Cluster. To be the Cluster level owner of the Fraud Principal Risk. Main accountabilities and approximate Time Split. To Ensure the Following: To incept/lead fraud reduction, training & prevention initiatives across the Cluster To facilitate the setting of budgets / appetite across the Cluster and manage overall fraud losses. Ensure compliance to the Group Fraud risk Framework and policies, including completion of 6 monthly strategic threat assessments of fraud risks across the Cluster and the development, implementation, and monitoring of a fraud risk control strategy. To provide Cluster wide support for the identification, measurement, control and reporting of Fraud loss data, actual and attempted. Take responsibility for the collation, analysis, and timely submission of fraud loss MI to meet local Cluster management & group requirements. This includes the introduction of basis point reporting and the monitoring & measurement of key risk indicators. Ensure fraud risk incidents are appropriately managed by the respective teams and escalated as required. This includes ensuring agreed actions are followed through to minimize the incidence of similar losses and sharing information for the benefit of other businesses. To drive and implement fraud risk management enhancements across the Cluster, ensuring capability to tackle fraud risk exists. To support the development of systems, procedures and controls to pro-actively detect and minimize fraud losses across the Cluster. To support legal and regulatory reporting and attestation processes where appropriate. To provide technical insight and support throughout the Cluster relating to changes in the threat environment, control viability and risk appetite. To participate at project level as expert advisor on fraud loss, fraud techniques and controls. To undertake ad-hoc special reports and analysis, including fraud investigations as required Participate in new product approval processes to inform Risk Assessment and mitigation activity. To record and lead the implementation of initiatives to improve fraud loss recovery across the Cluster Provide effective oversight of in-country investigations and support to individual country teams. Develop sources of fraud intelligence throughout the Cluster & pro-actively share the available information. Liaise with group / other Clusters to ensure appropriate information is shared / obtained. Liaise and work with law enforcement agencies, professionals, and commercial organizations to maximize intell