We are seeking a skilled and experienced Fraud Consultant to join our Risk Management team. The successful candidate will be responsible for identifying, analyzing, and mitigating fraudulent activities within the organization. This role involves working closely with various departments to implement effective fraud prevention strategies and ensuring compliance with regulatory requirements.

Key Responsibilities

  • Conduct thorough investigations of suspicious activities and transactions.
  • Analyze data to identify trends, patterns, and anomalies indicative of fraudulent behavior.
  • Develop and maintain fraud detection models and tools.
  • Respond promptly to fraud incidents, conducting detailed investigations.
  • Coordinate with internal and external stakeholders to manage fraud cases.
  • Prepare detailed reports on findings and recommend corrective actions.
  • Design and implement fraud prevention strategies and controls.
  • Conduct risk assessments to identify potential vulnerabilities.
  • Provide recommendations for improving internal controls and reducing fraud risk.
  • Develop and deliver training programs on fraud awareness and prevention.
  • Keep the organization informed about the latest fraud trends and best practices.
  • Collaborate with other departments to promote a culture of fraud awareness.
  • Ensure compliance with relevant laws and regulations related to fraud prevention.
  • Assist in the preparation of documentation for regulatory audits and reviews.
  • Work closely with the IT department to enhance fraud detection systems.
  • Collaborate with legal and compliance teams on fraud-related matters.


  • Bachelor’s degree in Finance, Accounting, Business Administration, Computer Science, or a related field.
  • Prior experience with Group-IB tools and methodologies
  • Certified Fraud Examiner (CFE) or equivalent Mandatory
  • CISSP, CISM, Certified Anti-Money Laundering Specialist, CAMS or GCFA are optional but beneficial.
  • experience in fraud investigation, risk management, or a related field. (2 years minimum)
  • Proven track record of successfully managing and mitigating fraud risks.
  • Experience with fraud detection tools and data analysis software.
  • Experience working in the financial services industry.
  • Familiarity with digital forensics and incident response practices.
  • Knowledge of cybersecurity principles and practices.

Job Details

Total Positions:
3 Posts
Job Shift:
First Shift (Day)
Job Type:
Job Location:
No Preference
Minimum Education:
Career Level:
Experienced Professional
Minimum Experience:
2 Years
Apply Before:
Jun 23, 2024
Posting Date:
May 25, 2024


Information Technology · 201-300 employees - Riyadh

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