Summary of Role
The Fraud Risk Senior Manager (FRSM) is responsible for providing enterprise-wide leadership and strategic oversight of the Bank’s fraud risk management framework. The role drives the design, execution, and continuous enhancement of fraud prevention, detection, investigation, and response capabilities across all business lines. The position serves as a key risk advisor to Executive Management and Board-level committees, ensures compliance with CBO regulations and international best practices, and leads complex fraud matters involving regulatory authorities and external stakeholders. In addition, the role holds strategic oversight accountability for the Bank’s Business Continuity Management (BCM) framework, ensuring resilience, operational readiness, and crisis preparedness in line with regulatory expectations.
Key Responsibilities
Fraud Risk Strategy, Governance & Framework Ownership
Oversight of Fraud Monitoring, Investigation & Response
Lead the investigation and resolution of fraud incidents, including evidence gathering and root cause analysis.
Executive, Board & Regulatory Engagement
Prepare and present fraud risk dashboards, loss trends, emerging risks, and strategic insights to Executive Management and Board-level committees.
Policy, Controls & Risk Metrics Governance
Approve and maintain fraud-related policies, procedures, and control standards.
Omani Nationals only.
