Reporting Structure

---

Job Requirements

---

Main Duties

Job Purpose

• The Fraud and Investigation Manager is responsible for developing, implementing, and overseeing the bank's fraud prevention and detection strategies. This role involves leading investigations into suspicious activities, working closely with law enforcement, and ensuring the bank complies with regulatory requirements. The manager will also train staff on fraud prevention techniques and manage a team of investigators.

Key Responsibilities:

Fraud Prevention and Detection:

• Develop and implement robust fraud prevention and detection strategies.
• Monitor transactions and activities for signs of suspicious behavior.
• Utilize data analytics and other tools to identify potential fraud risks.

Investigations:

• Lead and manage investigations into suspected fraud cases.
• Collect and analyze evidence, prepare reports, and present findings to senior management.
• Liaise with law enforcement agencies and regulatory bodies as needed.

Policy and Procedure Development:

• Develop and maintain policies and procedures related to fraud prevention and investigation.
• Ensure all policies comply with regulatory requirements and industry best practices.
• Regularly review and update policies to address new and emerging threats.

Reporting and Documentation:

• Prepare detailed investigation reports and maintain accurate records of all cases.
• Report fraud incidents to regulatory authorities promptly.
• Provide regular updates to senior management on the status of fraud prevention efforts.

Team Management:

• Lead and mentor a team of fraud investigators.
• Provide training and development opportunities to enhance the skills of the team.
• Conduct performance evaluations and provide feedback to team members.

Training and Awareness:

• Develop and deliver training programs for bank staff on fraud detection and prevention.
• Raise awareness about fraud risks and promote a culture of vigilance within the bank.
• Keep abreast of industry trends and emerging threats to continuously improve training programs.

Collaboration and Communication:

• Work closely with other departments, such as IT and Legal to ensure a coordinated approach to fraud prevention.
• Communicate effectively with internal and external stakeholders.
• Participate in industry forums and networks to stay updated on best practices and regulatory changes.

---

Other Requirements

Qualifications and Experience:

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• A minimum of 5 years of experience in fraud prevention and investigation.
• Strong knowledge of regulatory requirements related to fraud and anti-money laundering (AML).

Skills and Competencies:

• Excellent analytical and problem-solving skills.
• Strong leadership and team management abilities.
• Exceptional communication and interpersonal skills.
• Ability to work under pressure and handle multiple priorities.
• Proficiency in using fraud detection tools and software.
• High level of integrity and ethical standards.

---

Location : Tanzania: Dar es salaam Dar Es Salaam
Industry :Banking And Financial Services
Company : I&M Bank