Fraud Management Head

1 month ago

Philippine, Philippines Curran Daly & Associates Remote Work Freelance Full time

The position is responsible for leading the organization’s anti-fraud strategies that includes: awareness, prevention, detection, and investigation of fraud transactions or incidents. The position is also responsible for ensuring proper controls of limiting monetary losses and assets misappropriation and gives assurance that business transactions are actively being monitored for suspicious behavior or activity.

Duties and Responsibilities

A. Fraud Activities/Operations

Conducts regular Fraud Risk Assessment; systems and processes.Develops policies and procedures to prevent fraud activities and to recover any incurred losses.Implements Fraud Risk Controls. Conducts investigation of possible fraud incidents (E.g. interviews, evidence gathering and safekeeping) Defines source data and setting automated system rules and parameters and reviewing red flagsLeads identifying transactions for variations, deviations and possible fraud Assist the Whistle blowing Committee in the gathering of evidence, conducting of interviews and safekeeping/preserving of evidenceMay conduct employee background checks related to sudden lifestyle changesMay conduct visits to branches, vendors, suppliers or contractors Validates effectiveness of implemented fraud control programs

B. Reports

C. Management Leadership

Prepares Department’s operating plans and programsPrepares Department’s budget for the approval of the ERM HeadReviews all documents prepared by Fraud OfficerDelegates and distributes work to direct reportProvides upfront leadership in supervising all direct and indirect reports and planning for their career advancement and aspirationsFacilitates or presides over general staff meetings and emergency meetings regarding critical audit findings or process deficienciesTrains and orients new members of the teamApproves/schedules all vacation leaves of all direct reportsSupervises and evaluates the performance of all direct reports

D. Others

Prepares regular fraud reports, trends and updates.Provides fraud prevention and fraud detection training to Company employeesKeeps management aware of the types of actions that require legal considerationParticipates actively during meetings, trainings and other professional development programsSuggests alternative methods to business processes which may not necessarily involve fraud managementMakes recommendations on matters pertinent to business operations and other related activitiesPerforms other related duties as may be assigned

Working Conditions:

Field – 20%Office – 80%

Work Relationships:

Government agencies and regulatory bodiesAll internal business units

Core Competencies:

LeadershipClient ServiceInnovativenessBusiness AcumenCommunicationResults Orientation

Job Specific Competencies

Fraud assessment and managementKnowledge of government risk regulatorycompliance requirementsKnowledge of corporate lawCollaborative ThinkingPresentation SkillsBusiness WritingAccountabilityRelationship building and managementInterpersonal skillsDecision MakingCoaching and mentoringPeople Management

Qualifications:

Graduate of any four (4) years college course, preferably with Master’s Degree in Risk Management or Business Administration, Preferably a Certified Fraud Examiner (CFE)At least seven (7) years of work experience with in-depth knowledge of enterprise risk management, in the specific context of Philippine financial institutionsStrong fraud management background