Fraud Risk Manager - Global Management Consulting Firm - Contractual

Our client is a leading consulting firm with a strong global presence, particularly in the MENA region. They are currently seeking a Fraud Risk expert from a banking background to be based in Riyadh, Saudi Arabia. This exciting opportunity is initially a 6-month contract, with a high probability of converting to a permanent position with the consulting firm.

Responsibilities :

- Collaborate with cross-functional teams to design and implement a Fraud Monitoring System (FMS).

- Develop and update fraud models and rules to monitor transactions.

- Develop and maintain fraud risk documentation, including a Business Requirements Document (BRD), functional specifications, and use cases.

- Oversee System Integration Testing (SIT), User Acceptance Testing (UAT), and production environment activities to ensure the Fraud Monitoring System meets business requirements.

- Ensure compliance with regulations and policies related to fraud prevention.

- Work with vendors and third-party providers to ensure successful integration of the Fraud Monitoring System.

Skills Required:

- Experience in the implementation of Fraud Monitoring Systems in the Banking industry of FS Industry

- Understanding of business processes, workflows, and system requirements for Fraud Monitoring.

- Fraud data analysis skills.

Education qualification:

- CFE and other professional qualifications such as CPA, ACA, CAMS, or other relevant certifications will be value-added

- MBA (Finance) from a leading business school OR

- Bachelor's/Master's degree in Banking, Finance, Economics, Risk Management, Accounting or another related field