Anti Fraud Senior Specialist

About UsAbdul Latif Jameel United Finance Company is a closed joint stock company licensed by the Saudi Central Bank (SAMA) to operate in financial leasing, productive assets financing, consumer products financing, and real estate financing. We provide a wide range of financing options for individuals and SMEs, including cash financing, all types of cars, heavy equipment, household and electronic appliances, as well as real estate financing. Our offerings are delivered through various Shariah-compliant financial solutions such as financial leasing, Murabaha, and Tawarruq, accessible via our widespread branch network across the Kingdom. We are committed to supporting entrepreneurs through Bab Rizq Jameel Financing programs and strive to be the leading financing destination for small and medium enterprises.Job PurposeThe Anti-Fraud Senior Manager leads efforts to detect, prevent, and investigate fraud, ensuring compliance with SAMA regulations. This role focuses on managing investigations, identifying fraud risks, and enhancing fraud prevention strategies to protect the organization.Key Duties and Responsibilities Key AccountabilitiesEnsure financial transactions are continuously monitored for fraud.Implement and improve fraud prevention measures and detection tools.Stay updated on new fraud trends and adjust systems accordingly.Lead investigations into suspected fraud, gathering evidence and documenting findings.Prepare detailed reports on investigations and share findings with management and regulators.Ensure all fraud incidents are tracked and resolved.Ensure compliance with SAMA regulations and financial crime prevention standards.Submit reports to regulatory authorities and ensure the company follows the required regulations.Participate in audits and reviews to ensure fraud risk management processes are working effectively.Key ActivitiesMonitor transaction data to spot suspicious activities or fraud patterns.Use fraud detection tools to identify potentially fraudulent transactions.Lead fraud investigations, interview relevant parties, and review financial records.Document and report the results of investigations to management and regulators.Gather necessary information for audits and ensure all records are compliant.Keep anti-fraud systems and software up-to-date and effective.Assess fraud risks and recommend ways to reduce exposure to fraud.Job RequirementsQualificationsBachelor’s degree in Finance, Accounting, Business Administration, or a related field.Work ExperienceMinimum of 7 years of experience in anti-fraud, risk management, or compliance within a financial institution.