Counter Fraud Technical Specialist

Role & responsibilities

We are looking for a highly skilled Counter Fraud Technical Specialist to lead fraud prevention, detection, and investigation initiatives within the Bank.

This role will act as the technical authority on financial crime, leveraging advanced analytics and fraud management systems to safeguard the Banks assets and ensure regulatory compliance.

Design and optimize fraud detection systems, rule engines, and ML models

Monitor and prevent fraud across banking channels (cards, digital, payments)

Lead complex and high-value fraud investigations and prepare SAR reports

Perform advanced data analysis using SQL/Python to identify fraud patterns

Manage fraud platforms (FICO, Actimize, SAS) and drive system enhancements

Ensure compliance with SAMA, AML/CFT, and cybersecurity frameworks

Collaborate with internal teams and external stakeholders (regulators, law enforcement)

Preferred candidate profile

8 to 12 years of experience in fraud risk, financial crime, or banking analytics

At least 5 years in a senior technical fraud specialist, fraud analytics, or forensic investigations role within the banking sector.

Proven hands-on experience deploying, tuning, and managing enterprise fraud management systems (FICO Falcon, Actimize, SAS, or equivalent).

Deep expertise in fraud types: card fraud, identity theft, application fraud, ATO, insider fraud, digital banking fraud, and trade finance fraud.

Demonstrated proficiency in advanced data analytics using SQL, Python, or R for large-scale financial data investigation.

Track record of successfully investigating and resolving high-value, complex fraud cases involving organised crime groups.

liaising with regulatory bodies (SAMA preferred), law enforcement, and international fraud intelligence networks.

Strong analytical and problem-solving ability

Attention to detail and investigative mindset

Good communication and reporting skills

fraud risk, financial crime, or banking analytics