Specialist Internal Audit And Fraud Investigation - Ras al-Khaimah

Job description / Role

Employment: Full Time

Job description

We are currently looking for specialist - internal audit & fraud investigation for our UAE operations with the following skill set and terms & conditions.

• Graduate in accountancy or a business-related field, preferably finance or economics

• Internationally recognized accounting / auditing qualifications like CPA, CIA, CFE

• 5-8 years professional experience in fraud risk management and audit in financial institution or large organization
• Must have relevant internal audit experience in the banking sector
• Should have experience in corporate credit audit and financial risk (risk modeling) audit and/or
• Should hold an AML/CFT-related professional certification (i.e., ACAMS) and have experience auditing AML in banks and/or
• Should possess a fraud investigation qualification and have experience conducting fraud audits and investigations

• Intricate knowledge of overall banking operations and processes. Analysis and planning skills
• Negotiation and convincing skills
• Excellent report writing skills
• Leadership and organizing skills
• Interpersonal / communication skills
• Proficient in the use of Microsoft Excel, PowerPoint, Word, and bank systems

• Responsible for analyzing fraud data and providing end-to-end consolidated MI reporting for all fraud reporting matters
• Flags any potential critical high-risk trends emanating from the analytics process, reports such instances to the AVP internal audit and fraud investigation and provides general guidance on proposed action plans
• Recommends preventive measures, new tools / software to improve fraud detection, prevention, investigation, and reporting activities in collaboration with fraud risk management
• Validates and ensures that internal and external stakeholders provide accurate and sustainable MI
• Interacts with business and the risk management functions involving all fraud risk related reporting, key risk scenarios and fraud risk event reporting
• Interacts, where applicable, with external partners such as law enforcement agencies, regulatory bodies, CBUAE, vendors, banks to validate information in relation to fraudulent activities
• Conducts conformance testing as per the unit’s plan and reports the results of the conformance testing in accordance with the approved SOP
• Maintains a tracker of all investigation results to closure stage, any remediation activities undertaken by business units in respect of fraud related control failures and/or policy breaches identified during investigations, conformance reviews or any other detection method
• Recommends amendments to policies and SOPs where it is deemed necessary to improve counteraction of fraud risk with the investigations standard operating procedure as per the instructions
• Accountable for preparation of investigation reports in accordance with the SOP as may be required under the direction of audit & fraud investigation management

Company Industry: Audit & Accountancy

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