Fraud Risk Lead

Join our Risk team and play a vital role in protecting HugoBank from financial crime. As a Fraud Risk Manager, you will be instrumental in safeguarding our organization by proactively identifying, assessing, mitigating, and managing fraud risks. This role offers the opportunity to design and implement robust fraud prevention and detection strategies, leveraging cutting-edge digital tools and technologies. You will collaborate with cross-functional teams to cultivate a culture of risk awareness and compliance, ensuring our operations adhere to regulatory standards and industry best practices

Responsibilities:

• Conduct comprehensive fraud risk assessments across all digital platforms to identify vulnerabilities and potential threats.
• Develop and implement robust fraud prevention and detection strategies tailored to the digital banking environment.
• Develop and implement fraud-related policies and procedures, ensuring compliance with regulatory requirements and best practices.
• Monitor, review, and investigate fraud incidents, ensuring quick and effective responses.
• Ensure all fraud prevention efforts align with regulatory standards and industry best practices.
• Collaborate with IT and cybersecurity teams to enhance fraud detection technologies and infrastructure.
• Provide training and guidance to staff on fraud awareness and prevention techniques.
• Prepare detailed reports for senior management on the status and outcomes of fraud management efforts.
• Support other risk areas, including operational and credit risk.