Counter Fraud Technical Specialist

Overview

• We are looking for a highly skilled Counter Fraud Technical Specialist to lead fraud prevention, detection, and investigation initiatives within the Bank.
• This role will act as the technical authority on financial crime, leveraging advanced analytics and fraud management systems to safeguard the Banks assets and ensure regulatory compliance.
• Design and optimize fraud detection systems, rule engines, and ML models
• Monitor and prevent fraud across banking channels (cards, digital, payments)
• Lead complex and high-value fraud investigations and prepare SAR reports
• Perform advanced data analysis using SQL/Python to identify fraud patterns
• Manage fraud platforms (FICO, Actimize, SAS) and drive system enhancements
• Ensure compliance with SAMA, AML/CFT, and cybersecurity frameworks
• Collaborate with internal teams and external stakeholders (regulators, law enforcement)
• Preferred candidate profile
• 8 to 12 years of experience in fraud risk, financial crime, or banking analytics
• At least 5 years in a senior technical fraud specialist, fraud analytics, or forensic investigations role within the banking sector.
• Proven hands-on experience deploying, tuning, and managing enterprise fraud management systems (FICO Falcon, Actimize, SAS, or equivalent).
• Deep expertise in fraud types: card fraud, identity theft, application fraud, ATO, insider fraud, digital banking fraud, and trade finance fraud.
• Demonstrated proficiency in advanced data analytics using SQL, Python, or R for large-scale financial data investigation.
• Track record of successfully investigating and resolving high-value, complex fraud cases involving organised crime groups.
• Experience liaising with regulatory bodies (SAMA preferred), law enforcement, and international fraud intelligence networks.
• Strong analytical and problem-solving ability
• Attention to detail and investigative mindset
• Good communication and reporting skills