Job Description: Chief Fraud Officer (CFO – Fraud)

Industry: Banking, Financial Services, Insurance, Investment

Job Type: Full-Time

Reporting To: Chief Risk Officer (CRO) / Chief Compliance Officer (CCO) / Chief Executive Officer (CEO)

Job Summary

The Chief Fraud Officer (CFO – Fraud) is responsible for leading the organization's fraud risk management strategy, including prevention, detection, investigation, and response to fraud-related activities. This role ensures robust controls are in place to safeguard the organization, its customers, and its assets from internal and external fraud threats.

The Chief Fraud Officer plays a critical role in minimizing financial losses, strengthening fraud controls, and enhancing trust across all business operations.

Key Responsibilities

1. Fraud Risk Strategy & Framework

Develop and implement enterprise-wide fraud risk management strategies

Establish fraud prevention, detection, and response frameworks

Align fraud management with overall risk and compliance strategies

Continuously assess emerging fraud risks and threats

2.



Fraud Detection & Monitoring

Oversee fraud detection systems and real-time monitoring tools

Implement advanced analytics and AI-based fraud detection models

Identify suspicious patterns and anomalies

Enhance fraud detection capabilities across channels (digital, transactions, payments)

3. Fraud Prevention & Controls

Design and implement controls to prevent fraud across operations

Strengthen internal controls and fraud risk mitigation processes

Collaborate with IT and operations to secure systems and processes

Reduce vulnerabilities in customer-facing and internal systems

4. Investigations & Incident Management

Lead investigations into fraud incidents and suspected activities

Coordinate with internal teams, law enforcement, and regulators

Ensure proper documentation and reporting of fraud cases

Manage incident response and recovery processes

5. Regulatory Compliance & Reporting

Ensu

📌 Chief Fraud Officer (Trinitat)
🏢 thehivecareers.co
📍 Trinitat