Or your alerts

Fraud and Forensic Officer

Old Mutual

Accounting, Auditing & Finance

KSh Confidential
1 month ago

Job Summary


Job Description/Requirements


The Risk department is responsible for managing the risk to the organisation, its employees, customers, reputation, assets and interests of stakeholders. It works and reviews a variety of sectors and not limited to enterprise risk, corporate governance, regulatory and operational risk, business continuity, information and security risk, technology risk, and market and credit risk. Ensure all company assets are secured and that there is appropriate physical security. To ensure staff and clients have a safe operating environment, to provide appropriate Antifraud measures and conduct investigations on matters of fraud and Other financial crimes.


Assist in formulation of appropriate fraud and forensics policies and procedures to guide bank operations. Prevention, detection and investigations of all reported fraud cases. Collection of Crime trends and appropriately disseminate it to the business. Train staff on fraud awareness and general security. Liaison with Law enforcement and legal agencies for necessary action on fraud and related issues. Providing proper and continuous liaison between the Bank and external investigative/security agencies. Advising the Banks line managers correctly on the implementation of bank security detail Represent the bank in all fraud/security forums with a view to sharing and understanding emerging crime trends in the market when required. Recovery of fraud losses and prosecution of fraud cases Keep an updated fraud management plan. Manage the fraud process from prevention, investigations to prosecutions/disciplinary actions. Prepare and signoff fraud reports and escalate for action.  Undertake any other assignments allocated from time to time. Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO) Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within my area of responsibility. Perform fraud assessment, which involves identifying, analyzing and describing the threats affecting the business i.e. Identify and assess threats. Advise on plans for if things go wrong and decide how to avoid, reduce fraud incidents. Assist in developing policy, procedure and systems for the department, including documentation where necessary. Revise operations, accounting, procurement, HR and MIS manuals in order to ensure they cover all the fraud risks to the company. Prepare fraud and related reports and present those to the Head of Risk. Keep abreast with latest developments in the banking fraud/security fields with a view to enhancing the department. Ensure compliance to key fraud policies. Undertake fraud awareness and whistle blowing and AML training to staff.


Timely and accurate fraud and related security investigation reports with proposed recommendation and action plan Report on security/fraud profile of the company and make recommendation on areas of action e.g. mitigation. Quarterly reports on quantifiable/verifiable achievements Update Fraud register. Assist in planning, designing and implementing an overall fraud management process. Assist in Submission and follow up of all insurance claims to settlement. Prepare inputs on fraud for insurance sizing purposes. Alert management and branches on frauds trends and advice on measures to curb them.


Staff Reporting Directly to the Job Holder


Others Reporting Indirectly



Degree/Diploma in Criminology and Security Studies; or Degree in social studies, business, law or related studies CFE, Data analysis / analytics certification e.g. advanced excel certification. Investigative knowledge Fraud and financial crime management skills Knowledge of the key investigation and evidence gathering procedures Data analysis skills using excel or similar tool. Advanced communication skills Knowledge of relevant laws People management skills 5 yearsâ experience in the field of fraud investigations. Ability to institute investigations, detect frauds and gather intelligence. Persistence, an eye for detail and ability to complete assignments and keep to deadlines. Trustworthy and honest Confident Team player Travel to branches. Obtain and Secure evidence. Travel to crime location/scenes. Unstructured working hours


Conducting Investigations, Corporate Governance, Fraud Awareness, Law Enforcement, Management Reporting, People Management, Strategic Advice, Strategic Planning


Closing Date

07 February 2024

Important Safety Tips

  • Do not make any payment without confirming with the BrighterMonday Customer Support Team.
  • If you think this advert is not genuine, please report it via the Report Job link below.
Report Job

Share Job Post

Lorem ipsum dolor (Location) Lorem ipsum KSh Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum KSh Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum KSh Confidential

Job Function : Lorem ipsum

1 year ago

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

This action will pause all job alerts. Are you sure?

Cancel Proceed
Report Job
Please fill out the form below and let us know more.
Share Job Via Sms

Preview CV