96 Fraud Prevention jobs in Saudi Arabia
Bank Interface & Fraud Prevention Expert
Posted today
Job Viewed
Job Description
**Roles and Responsibilities**:
- Perform data analysis and fraud prevention.
- Analyse and prepare reports of fare dodger statistics from the vehicle management and Fare collection systems and align with the Contractors and the Employer.
- Crosscheck Operator inspections against ITS data to report behavior and effectiveness of Operators revenue protection plan.
- Monitor payment processes, identify non-standard activity and exceptions
- Monitor unsuccessful validations and other card interactions to analyze card forgery of the Public Transport users.
- Coordinate with the Client and Banks on interface issues and planned improvements.
- Identify/track complete Revenue Flow from Buses to Bank to system for discrepancies/missing Transactions
- Produce and track key performance indicators
- Develop and support reporting processes
- Process, analyse and interpret complex data sets relating to the employer's business
- Prepare reports for internal and external audiences using business analytics reporting tools
- Create data dashboards, graphs and visualisation
- Extract and analyse data from large datasets, draw valid inferences and present them successfully to management using a reporting tool.
**Experience & Education**
- Bachelor’s degree in related field, such as Finance, Banking,
- A minimum of 7 years’ experience in related field of Bank interfaces and fraud prevention, preferably in Public Transport Background
**Mandatory Skills**
- Proficient with Excel advanced functions
- Data oriented mind with attention to details
- Very good level of spoken and written English language
SNC-Lavalin Projects and O&M Services is a business unit of SNC-Lavalin Group. We provide a full range of project management, programme management, construction management, engineering services, consulting services and operation and maintenance services across the MENA region. Active in the Middle East for over 40 years, we have offices in the Saudi Arabia, UAE, Qatar, Oman, and Egypt. for transportation and other infrastructure programmes.
**Rewards & Benefits**
**We offer an excellent package which includes**:
- A competitive salary
- Transportation allowance
- 22 calendar days annual leave
- Medical insurance cover
- Company gratuity scheme
- Discretionary bonus scheme
- Annual flight allowance to point of origin
- Employee Assistance Program - 24 hour free advice on financial, legal and family care specialists and also access to personal health, fitness and nutrition consultants.
Anti-Money Laundering Analyst
Posted 1 day ago
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Sr. Talent Acquisition Executive specializing in Talent Acquisition expertise | Connecting Top Talent with Leading Companies!
Trade Based Money Laundering Requirement
Work Location: Riyadh, Saudi
Budget: 10k to 12k
Experience: 5-6 Years
Responsibilities- Analyzing alerts from TBML monitoring systems, reviewing documents for red flags
- Collaboration with various departments to ensure compliance with AML/CFT standards
- Documenting investigation findings and preparing detailed MIS reports and control sheets to track alerts and case resolutions
- Preparing and filing Internal Suspicious Transaction Reports (STRs) when high-risk or suspicious activities are confirmed
- Knowledge of the concepts, mechanisms, and methodologies of trade-based money laundering
- Understanding of trade finance products and their associated risks
- Ability to analyze transaction patterns and customer due diligence information to detect inconsistencies
- Skills to investigate complex cases and propose solutions for monitoring process improvements
- Mid-Senior level
- Full-time
- Information Technology
- IT Services and IT Consulting
Money Laundering Reporting Officer - Saudi Arabia
Posted 3 days ago
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Riyadh, Saudi Arabia
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**Job Title:** Money Laundering Reporting Officer
**Corporate Title:** Vice President
**Location:** Saudi Arabia
**Company Overview:**
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
**Role Description:**
The Global Financial Crimes (GFC) group is responsible for the global collection and analysis of suspected financial crimes and suspicious activity of misconduct committed against Bank of America. The MLRO executes substantive anti-money laundering(AML), economic sanctions and fraud compliance and operational risk practices relevant for Saudi Arabia. They are accountable for the requirements of the GFC Enterprise Policies, the Saudi Arabia GFC Country Standard, and the Enterprise Fraud Risk Management Standard. The MLRO works directly with compliance officers, the Front Line Units (FLUs) and Control Functions (CFs). The MLRO reports into the EMEA Head of Financial Crimes Compliance. The MLRO is the local point of contact for Saudi Arabia to oversee other criminal acts and to coordinate and ensure reporting of suspicious cases in line with local requirements.
**Responsibilities:**
+ Act as the contact person for all AML, economic sanctions, and fraud related enquiries/investigations both internally and externally forMerrill Lynch, Kingdom of Saudi Arabia Company (MLKSA)
+ Handle transaction monitoring and investigations including filing with the local law enforcement agencies in Saudi Arabia
+ Support managing examinations, reviews and audits in relation to financial crimes
+ Manage and address enquiries from regulators and clients in Saudi Arabia
+ Implement local policies and standards for financial crimes and for compliance with sanctions and financial embargoes and bribery and corruption requirements. This will include coverage of Know Your Customer (KYC) policies, standards and supporting technology development - regional input to the global program and addressing local requirements
+ Advises and directs the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
+ Produces and/or oversees independent financial crimes risk management reporting
+ Monitors the changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
+ Participates in industry forums and monitors regulatory expectations, emerging legislation and regulation, political scrutiny, litigation and key influencers to identify and mitigate emerging risks
+ Escalates financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees
+ Identifies, aggregates, reports, escalates, inspects, and challenges the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
+ Reviews and challenges internal and external operational loss events, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately
+ Participate in the financial crimes risk assessments
+ Monitor outsourced functions with respect to KYC, sanction screening and client on-boarding. Conduct sample reviews of customer files
+ Provide educational training on financial crimes related subjects to locally based staff and assist in building a general climate of financial crimes awareness
+ Maintain records associated with the MLRO function
**What we are looking for:**
+ Deputy MLRO and/or MLRO experience
+ Relevant work experience in Anti-Money Laundering, Fraud and/or Economic Sanctions and Deputy MLRO and/or MLRO experience.
+ Excellent local knowledge of regulatory requirements
+ Demonstrated leadership to partner across various levels in the organization
+ Excellent written and verbal communication skills and the ability to communicate and work with all levels within the organization
+ Experience responding to Audits and/or Regulatory Examinations
+ Must possess excellent time-management, problem solving, and critical thinking capabilities
+ Must work across a matrix organization
+ Identify, own and escalate data issues as needed
+ Must be able to engage and leverage teams and business partners to efficiently deliver business solutions
**Skills that will help:**
+ Knowledge of anti-money laundering (AML), Fraud and Economic Sanctions regulations
+ Certified Anti-Money Laundering Specialist (CAMS) certification;
+ Understanding of Banking products and Financial Crimes vulnerabilities
+ Bachelor's Degree
**Bank of America:**
Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender/sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, responsibility for dependants, family status or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "Know your Rights" poster, CLICK HERE ( .
View the LA County Fair Chance Ordinance ( .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Risk Management Advisor
Posted today
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Job Description
About Us :
Kaizen is the Number 1 Recruitment Leader in the MENA region and works on placing high-caliber professionals in prominent and lucrative roles across the Middle East & GCC.
The Client :
Established in 1841, it is the world’s leading source of business information and insights, enabling companies to Decide with Confidence. It operates responsibly in 64 countries across the Middle East, South Asia, Africa, and the Indian Ocean / Pacific Islands regions.
Job Description :
We are looking for a high-performing Sales Consultant based in KSA to meet our customer acquisition and revenue growth targets by keeping our company competitive and innovative.
Duties and Responsibilities :
- Be responsible for Business Development in the assigned region.
- Build, maintain, and manage key relationships.
- Devise and execute appropriate marketing and promotional efforts.
- Achieve growth and meet sales targets successfully.
- Set objectives for each client offering.
- Build and promote strong, long-lasting customer relationships by partnering with clients and understanding their needs.
- Present sales, revenue, expenses reports, and realistic forecasts to the management team.
- Identify emerging markets and market shifts while being fully aware of new products and competition.
Skills & Competencies :
- Successful previous experience as a sales representative or sales executive, consistently meeting or exceeding targets.
- Ability to communicate, make presentations, and influence credibly and effectively at all levels of the company.
- Proven ability to drive the sales process from planning to successful closure.
- Strong business sense and diverse industry expertise.
- Good communication and interpersonal skills.
- Excellent networking skills.
Qualifications :
- Preferably Bachelor's or Master's degree in Business Administration or a related field from a reputed institute.
Experience :
- Preferably 3+ years of B2B corporate sales experience.
Next Steps :
When you apply for this position, a consultant from Kaizen Firm will evaluate your resume for this role and consider you for other relevant positions that match your interests, expertise, and skill set. Your CV may be stored in our protected applicant tracking system, but your information will never be disclosed without your permission. You can browse a wide range of employment opportunities and manage your personal data rights at any time via
Requirements :
Sales
#J-18808-LjbffrRisk Management Manager
Posted 3 days ago
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Note: This section has been reformatted for clarity and readability.
OverviewResponsible for identifying, assessing, and mitigating risks that could impact the organization's operations, reputation, or financial standing. Develops risk management policies and procedures, conducts risk assessments, monitors compliance, and provides strategic advice to senior management. Ensures risks are properly controlled and aligned with organizational objectives, industry standards, and regulatory requirements.
Responsibilities- Manages insurance procurement, develops and implements risk management and compliance policies/procedures, and manages claims and litigation.
- Identify, analyze, and evaluate potential risks (operational, financial, strategic, compliance, reputational).
- Conduct regular risk assessments across departments and projects.
- Design risk mitigation plans and ensure appropriate actions are taken to minimize exposures.
- Monitor and report on risk exposures and trends to senior leadership.
- Evaluates and provides recommendations regarding selection of policies, including but not limited to: Property, Casualty, General Liability, Workers’ Compensation.
- Coordinate with internal departments (finance, operations, HR, safety, legal) to embed risk management practices.
- Maintain compliance with relevant local and international regulations (e.g., ISO 31000, COSO ERM Framework).
- Participate in risk management training sessions and workshops to promote a risk-aware culture.
- Train and educate staff on risk awareness and management practices.
- Act as a liaison with external auditors and regulatory bodies regarding risk management compliance.
- Support business continuity planning and crisis management activities.
- Review contracts and agreements to identify potential risks and liabilities.
- Engage with external stakeholders like insurers, auditors, and regulatory bodies.
- 7 years of experience in Risk Management field or similar field.
- Strong knowledge of risk management frameworks (e.g., ISO 31000, COSO ERM).
- Proficient in risk assessment tools, report writing, and data analysis.
- Qualification: Bachelor degree in Risk Management, Business, or related field.
- Professional Certificate: Certified Risk Manager (CRM) or similar Certification.
- IRMCert ISO 31000 Lead Risk Manager.
- Initiative
- Excellent English
- Good presenting
- Proficiency in risk management software and tools
- Negotiation
- Professionalism
- Customer Focus
- Honesty
- Communication
- Accountability
Risk Management Supervisor
Posted 4 days ago
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Job Description
Overview
The Risk Supervisor will oversee the company’s enterprise risk management framework, ensuring risks are identified, assessed, monitored, and mitigated effectively in line with business objectives.
Key Responsibilities- Develop, implement, and monitor risk management policies, processes, and reporting frameworks.
- Conduct risk assessments across departments and projects.
- Maintain the corporate risk register and ensure timely updates.
- Collaborate with business units to identify, evaluate, and mitigate operational, financial, and strategic risks.
- Prepare risk reports and present findings to management.
- Support awareness and training initiatives to promote a risk-conscious culture.
- Bachelor’s in Business, Finance, Risk Management, or related field.
- 5+ years of relevant risk management experience.
- Strong analytical, problem-solving, and reporting skills.
- Knowledge of ISO 31000 or COSO frameworks.
- Excellent communication in Arabic and English.
- Mid-Senior level
- Full-time
- Administrative
- Insurance, Hospitality, and Wellness and Fitness Services
Risk Management Analyst
Posted 4 days ago
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Join to apply for the Risk Management Analyst role at Tweeq
Join to apply for the Risk Management Analyst role at Tweeq
Department: Risk Management
Location: KSA
About the role:
The Risk Management Analyst will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.
The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.
Key Responsibilities
1. Assist in Risk Management Processes
- Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
- Assist in the development and implementation of risk management strategies and frameworks.
2. Conduct Risk Assessments
- Perform risk assessments to evaluate potential risks and vulnerabilities.
- Assist in developing risk mitigation plans and strategies.
3. Compliance Monitoring
- Ensure compliance with relevant regulations and industry standards.
- Assist in preparing compliance reports and maintaining documentation for audits.
4. Data Analysis and Reporting
- Analyze risk data and generate reports to support decision-making processes.
- Monitor key risk indicators and prepare regular reports for senior management.
5. Support Business Continuity Planning
- Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
- Participate in BCP and DRP testing and updates.
6. Collaboration and Communication
- Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
- Communicate risk findings and recommendations to relevant stakeholders.
7. Continuous Improvement
- Contribute to the continuous improvement of risk management processes and practices.
- Stay updated on emerging risks and industry trends to provide timely insights.
- At least 3 years of experience in risk management or a related field.
- Experience in conducting risk assessments and developing risk mitigation strategies.
Skills and Competencies
- Strong analytical skills with the ability to interpret complex data.
- Excellent communication and interpersonal skills.
- Proficiency in risk management tools and software.
- Ability to work collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational skills.
Technical Expertise
- Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
- Understanding of compliance requirements and industry regulations.
- Seniority level
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Finance and Sales
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Director - Risk Management
Posted 4 days ago
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Join to apply for the Director - Risk Management role at Visa
Join to apply for the Director - Risk Management role at Visa
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Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.
Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.
Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.
Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.
Visa’s Global Risk organization is seeking a dynamic Director to join its team and lead Digital Payment risks management across Saudi Arabia, Bahrain and Oman.
This role serves as the face of Risk with external obligation to ensure Visa’s interactions with clients, partners, merchants, regulators and other third parties on risk-related matters are well informed, effective, and collectively moving the Visa ecosystem towards a stronger state. Internally, the Risk Management Director’s obligation is to leverage their market knowledge and presence to ensure Visa’s risk related policies, programs and frameworks are aligned with current and future business demands.
The Director role provides deep insights, thought leadership and support against a broader set of risk related issues and activities, including client fraud and approval optimization, credit settlement risk, anti-money laundering, deployment of Visa’s Risk solutions, the use of third parties and deployment of emerging technologies.
The Director will serve as the risk leader and advisor to the KBO business and GCC & CEMEA Risk leadership teams and will play a vital role in shaping the risk management landscape in a rapidly growing cluster.
Reporting directly to the Senior Director, Risk, GCC, this role requires frequent collaboration with internal stakeholders across the GCC and CEMEA regions, and extensive external engagements with clients, partners, government and other payment industry stakeholders.
As an individual contributor, this role requires a highly self-motivated individual, with the skills and ability to work with a diverse set of stakeholders across the Saudi Arabia, Bahrain and Oman cluster.
Five core principles provide a foundation for our work in Risk Management:
Market Knowledge: Maintain a heightened awareness of the country or regional business environment, the payment system and other risks to clients operating in each market, and the past and present tactics being deployed to mitigate these risks.
Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the same area in order to maximize long-term growth.
Relationship Management: Engage key stakeholders (clients, partners, law enforcement, government and others) to secure support for Visa’s goals and address identified risks.
Thought Leadership: Differentiate Visa by demonstrating thought leadership to payment system stakeholders on risk issues, pulling from local, regional, and global sources. As a Risk Vanguard within the cluster work with Risk to identify new & novel methods used by criminals to target clients or stakeholders and build customized and innovative risk offerings by aligning with internal stakeholders to disrupt emerging fraud & security vulnerabilities affecting the Payments Industry
Communication: Ensure strong communication and provide marketplace feedback around Visa’s risk related programs and policies, and other activities
Key Responsibilities:
Ecosystem Risk Management: Maintain a heightened awareness of the country or regional business environment, payment systems, and other risks to clients operating in each market. Stay informed about past and present tactics used to mitigate these risks. Monitor local risk-related trends and developments, such as fraud schemes, regulatory changes, and key developments required to enhance the risk profile of partners and clients as well as Visa’s risk posture. Take the lead in protecting the payment ecosystem by proactively managing Visa’s Ecosystem Integrity programs with internal and external stakeholders.
Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the region to optimize long-term growth and ensure that risk management strategies support and enhance the overall business strategy.
Risk Relationship Management: Engage key stakeholders, including clients, law enforcement, government, and other relevant entities, to secure support for Visa’s goals and address identified risks. Be the primary Visa risk expert advisor to key clients in the market. Drive customized risk engagements and provide focus to key clients, fintechs, merchants, and emerging payment stakeholders. Develop and execute a client engagement plan and materials to help clients optimize fraud performance, determine the type and frequency of engagements.
Thought Leadership: Differentiate Visa by demonstrating thought leadership on risk issues to payment system stakeholders. Participate in and orchestrate industry forums (e.g., clients, law enforcement, regulators, industry participants), and consumer awareness campaigns of payment system stakeholders to drive greater awareness and support for Visa’s payment system risk strategy. Be the point of reference in all risk-related engagement with regulatory and industry bodies. Differentiate Visa as a digital payments leader by providing clients and other stakeholders with value-added insights, best practices, conducting onsite market fraud prevention seminars (or webinars), and educational materials.
Communication: Ensure effective communication and provide marketplace feedback regarding Visa’s risk-related programs, policies, and other activities. Maintain transparency and keep all relevant parties informed about risk management initiatives and outcomes.
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.
- Has led underwriting operations for SME, Retail or corporate lending for a large Financial Institution for a minimum of 3 years, taking accountability for application processing and credit decisioning functions
- Led the underwriting of merchants for a large acquirer including client risk assessment and due diligence, onboarding
- Strong understanding of and experience managing acquiring risk with hands-on experience improving the acquiring risk posture of an entity.
- Experience in managing fraud risk, transaction monitoring operations, application fraud assessment, and suspicious transaction review.
- Good understanding of Anti-Money Laundering policies and operational processes
- Assessed impact of regulation on business or operations, responsible for responding to regulatory requirements, and participated or led responses to regulatory supervision or scrutiny.
- Experience with maximizing portfolio performance within the confines of local regulation.
Required
- Master’s degree required with 10+ years of progressive risk management experience working in the payment services or financial industry
- Strong understanding of the inter-dependency between Credit, Operational, Strategic and Cybersecurity Risks
- Understanding of current and emerging payment system risk trends across Middle East & Africa
- Ability to influence at senior levels both internally and externally.
- Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action.
- Detail orientation and strong analytical skills, willingness to offer thought leadership, to think creatively, and to offer new ways to approach old problems
- Flexibility and ability to think creatively and to identify new ways to approach old problems.
- Ability to identify and pursue multiple initiatives simultaneously and deliver superior results.
- Exceptional project management and reporting skills. Strong proficiency with project management tools (i.e. Microsoft Project, Visio, PowerPoint). Proven ability to prioritize deliverables and projects to meet timelines efficiently, to adapt to changes in priorities quickly and manage multiple initiatives simultaneously to drive projects to completion and deliver quality materials under tight deadlines
- Experience determining when to escalate to management and identifying the right stakeholders for decision making
- Excellent collaboration and communications skills with experience in influencing, communicating and driving change through cross-functional groups, including the ability to diplomatically build consensus across disparate views
- Positive, proactive, solution-oriented problem solver who gets things done within a matrix organization
- Experience in preparing, and reviewing, and delivering (concise) executive level communications
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
- Seniority level Director
- Employment type Full-time
- Job function Other
- Industries IT Services and IT Consulting
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#J-18808-LjbffrDirector - Risk Management
Posted 7 days ago
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Company Description Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid. Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.
Job Description
Visa’s Global Risk organization is seeking a dynamic Director to join its team and lead Digital Payment risks management across Saudi Arabia, Bahrain and Oman.
This role serves as the face of Risk with external obligation to ensure Visa’s interactions with clients, partners, merchants, regulators and other third parties on risk-related matters are well informed, effective, and collectively moving the Visa ecosystem towards a stronger state. Internally, the Risk Management Director’s obligation is to leverage their market knowledge and presence to ensure Visa’s risk related policies, programs and frameworks are aligned with current and future business demands.
The Director role provides deep insights, thought leadership and support against a broader set of risk related issues and activities, including client fraud and approval optimization, credit settlement risk, anti-money laundering, deployment of Visa’s Risk solutions, the use of third parties and deployment of emerging technologies.
The Director will serve as the risk leader and advisor to the KBO business and GCC & CEMEA Risk leadership teams and will play a vital role in shaping the risk management landscape in a rapidly growing cluster.
Reporting directly to the Senior Director, Risk, GCC, this role requires frequent collaboration with internal stakeholders across the GCC and CEMEA regions, and extensive external engagements with clients, partners, government and other payment industry stakeholders.
As an individual contributor, this role requires a highly self-motivated individual, with the skills and ability to work with a diverse set of stakeholders across the Saudi Arabia, Bahrain and Oman cluster.
Five core principles provide a foundation for our work in Risk Management:
Market Knowledge: Maintain a heightened awareness of the country or regional business environment, the payment system and other risks to clients operating in each market, and the past and present tactics being deployed to mitigate these risks.
Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the same area in order to maximize long-term growth.
Relationship Management: Engage key stakeholders (clients, partners, law enforcement, government and others) to secure support for Visa’s goals and address identified risks.
Thought Leadership: Differentiate Visa by demonstrating thought leadership to payment system stakeholders on risk issues, pulling from local, regional, and global sources. As a Risk Vanguard within the cluster work with Risk to identify new & novel methods used by criminals to target clients or stakeholders and build customized and innovative risk offerings by aligning with internal stakeholders to disrupt emerging fraud & security vulnerabilities affecting the Payments Industry
Communication: Ensure strong communication and provide marketplace feedback around Visa’s risk related programs and policies, and other activities
Key Responsibilities:
Ecosystem Risk Management: Maintain a heightened awareness of the country or regional business environment, payment systems, and other risks to clients operating in each market. Stay informed about past and present tactics used to mitigate these risks. Monitor local risk-related trends and developments, such as fraud schemes, regulatory changes, and key developments required to enhance the risk profile of partners and clients as well as Visa’s risk posture. Take the lead in protecting the payment ecosystem by proactively managing Visa’s Ecosystem Integrity programs with internal and external stakeholders.
Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the region to optimize long-term growth and ensure that risk management strategies support and enhance the overall business strategy.
Risk Relationship Management: Engage key stakeholders, including clients, law enforcement, government, and other relevant entities, to secure support for Visa’s goals and address identified risks. Be the primary Visa risk expert advisor to key clients in the market. Drive customized risk engagements and provide focus to key clients, fintechs, merchants, and emerging payment stakeholders. Develop and execute a client engagement plan and materials to help clients optimize fraud performance, determine the type and frequency of engagements.
Thought Leadership: Differentiate Visa by demonstrating thought leadership on risk issues to payment system stakeholders. Participate in and orchestrate industry forums (e.g., clients, law enforcement, regulators, industry participants), and consumer awareness campaigns of payment system stakeholders to drive greater awareness and support for Visa’s payment system risk strategy. Be the point of reference in all risk-related engagement with regulatory and industry bodies. Differentiate Visa as a digital payments leader by providing clients and other stakeholders with value-added insights, best practices, conducting onsite market fraud prevention seminars (or webinars), and educational materials.
Communication: Ensure effective communication and provide marketplace feedback regarding Visa’s risk-related programs, policies, and other activities. Maintain transparency and keep all relevant parties informed about risk management initiatives and outcomes.
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.
Qualifications
- Has led underwriting operations for SME, Retail or corporate lending for a large Financial Institution for a minimum of 3 years, taking accountability for application processing and credit decisioning functions
- Led the underwriting of merchants for a large acquirer including client risk assessment and due diligence, onboarding
- Strong understanding of and experience managing acquiring risk with hands-on experience improving the acquiring risk posture of an entity.
- Experience in managing fraud risk, transaction monitoring operations, application fraud assessment, and suspicious transaction review.
- Good understanding of Anti-Money Laundering policies and operational processes
- Assessed impact of regulation on business or operations, responsible for responding to regulatory requirements, and participated or led responses to regulatory supervision or scrutiny.
- Experience with maximizing portfolio performance within the confines of local regulation.
Required
- Master’s degree required with 10+ years of progressive risk management experience working in the payment services or financial industry
- Strong understanding of the inter-dependency between Credit, Operational, Strategic and Cybersecurity Risks
- Understanding of current and emerging payment system risk trends across Middle East & Africa
- Ability to influence at senior levels both internally and externally.
- Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action.
- Detail orientation and strong analytical skills, willingness to offer thought leadership, to think creatively, and to offer new ways to approach old problems
- Flexibility and ability to think creatively and to identify new ways to approach old problems.
- Ability to identify and pursue multiple initiatives simultaneously and deliver superior results.
- Exceptional project management and reporting skills. Strong proficiency with project management tools (i.e. Microsoft Project, Visio, PowerPoint). Proven ability to prioritize deliverables and projects to meet timelines efficiently, to adapt to changes in priorities quickly and manage multiple initiatives simultaneously to drive projects to completion and deliver quality materials under tight deadlines
- Experience determining when to escalate to management and identifying the right stakeholders for decision making
- Excellent collaboration and communications skills with experience in influencing, communicating and driving change through cross-functional groups, including the ability to diplomatically build consensus across disparate views
- Positive, proactive, solution-oriented problem solver who gets things done within a matrix organization
- Experience in preparing, and reviewing, and delivering (concise) executive level communications
Additional Information
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Risk Management Analyst
Posted 8 days ago
Job Viewed
Job Description
About the role:
The Risk Management Analyst will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.
The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.
- Department
- Risk Management
- Employment Type
- Full Time
- Location
- KSA
- Workplace type
- Onsite
- Reporting To
- Ahmed Almughriyah
1. Assist in Risk Management Processes
- Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
- Assist in the development and implementation of risk management strategies and frameworks.
2. Conduct Risk Assessments
- Perform risk assessments to evaluate potential risks and vulnerabilities.
- Assist in developing risk mitigation plans and strategies.
3. Compliance Monitoring
- Ensure compliance with relevant regulations and industry standards.
- Assist in preparing compliance reports and maintaining documentation for audits.
4. Data Analysis and Reporting
- Analyze risk data and generate reports to support decision-making processes.
- Monitor key risk indicators and prepare regular reports for senior management.
5. Support Business Continuity Planning
- Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
- Participate in BCP and DRP testing and updates.
6. Collaboration and Communication
- Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
- Communicate risk findings and recommendations to relevant stakeholders.
7. Continuous Improvement
- Contribute to the continuous improvement of risk management processes and practices.
- Stay updated on emerging risks and industry trends to provide timely insights.
- At least 3 years of experience in risk management or a related field.
- Experience in conducting risk assessments and developing risk mitigation strategies.
Skills and Competencies
- Strong analytical skills with the ability to interpret complex data.
- Excellent communication and interpersonal skills.
- Proficiency in risk management tools and software.
- Ability to work collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational skills.
Technical Expertise
- Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
- Understanding of compliance requirements and industry regulations.
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About TweeqTweeq is a Saudi fintech on a mission to reshape how people manage their money. Now part of Tabby, the largest BNPL provider in the Middle East, we’re building the next generation of financial products for the Kingdom. From payments to everyday money management, our goal is to make financial services faster, smarter and more accessible for everyone in Saudi Arabia.
Our Hiring Process
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
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