Fraud Risk Management Specialist - Banking Sector Opportunities

Further Details

This advertisement highlights a critical role within the banking industry for a Fraud Risk Management Specialist at The Bank of Punjab. The position focuses on developing and implementing robust fraud prevention policies, aligning with regulatory mandates and internal controls. It's an excellent opportunity for professionals aiming to advance their careers in financial crime prevention and risk mitigation. Candidates will be instrumental in supervising ongoing risk assessments, updating fraud detection systems, and collaborating with various departments and law enforcement agencies. The role demands a proactive approach to identifying and addressing financial crime risks, ensuring the integrity of banking operations. Additionally, Risk Manager vacancies Lahore are available for qualified candidates. This is a key position within the Compliance & Control Group, contributing to the bank's overall stability. This role is situated in Lahore, Pakistan, and requires a minimum of 9 to 12 years of relevant experience. The Bank of Punjab is a well-established private sector entity, offering competitive remuneration and professional development. We are looking for individuals who can bring expertise in financial crime compliance and operational risk management to our team.

Career Opportunities in Banking: Fraud Risk Management Specialist

The Bank of Punjab, a leading financial institution in Pakistan, is seeking a highly qualified Fraud Risk Management Specialist to join its Compliance & Control Group. This role is integral to strengthening the bank's defenses against financial crime and ensuring adherence to stringent regulatory standards. We are looking for experienced professionals to contribute to our ongoing commitment to integrity and security.

This position offers a significant opportunity for career advancement within the banking sector, focusing on critical areas of fraud prevention, risk assessment, and operational compliance. The successful candidate will play a key role in developing and implementing strategies to mitigate financial risks and protect the bank's reputation.

• Job Title: Fraud Risk Management Specialist
• Department: Fraud Risk Management Division (Compliance & Control Group)
• Location: Lahore, Pakistan
• Experience Required: 9 to 12 years in banking/non-banking experience preferably in areas of Fraud Risk Management, Operational Risk, Financial Crime Compliance, Internal Controls, or related functions.
• Qualification: Minimum bachelor's degree from any HEC Recognized University or equivalent. International Certification in Financial Crimes Compliance & FRM will be preferred.
• Age Limit: Not more than 55 years as on date of application.
• Vacancies: 01

Additionally, The Bank of Punjab jobs Lahore are available for qualified candidates.

Skills

• Updating bank's fraud prevention policies
• Ensuring compliance with regulatory requirements
• Analyzing emerging fraud scenarios
• Conducting fraud investigation and vigilance reports
• Supervising ongoing review of fraud risk trends
• Updating digital frauds, update systems and processes
• Ensuring compliance with applicable regulatory requirements
• Reviewing policies, SOPs, PPM
• Providing assistance to departments for fraud & forgery cases
• Collaborating with law enforcement agencies
• Acting as Secretary of FRMC
• Arranging FRMC meetings
• Keeping minutes of meetings
• Liaising with external/internal auditors
• Training bank staff on fraud & forgery
• Handling miscellaneous complaints/inquiries pertaining to fraud & forgery cases

Duties and Responsibilities:

• Develop and implement robust fraud prevention policies in line with regulatory mandates
• Analyze emerging fraud scenarios and conduct thorough investigations
• Oversee and update digital fraud detection systems and processes
• Ensure adherence to all applicable regulatory requirements and internal policies
• Provide support to relevant departments in handling fraud and forgery cases
• Collaborate effectively with law enforcement agencies and the Law Department
• Serve as Secretary for the FRMC, organizing and documenting meetings
• Liaise with internal and external auditors during investigations
• Train bank staff on fraud and forgery prevention techniques
• Manage and resolve miscellaneous complaints related to fraud and forgery

How to apply

• Application Method: Online application through the BOP career portal.
• Portal Link: https://www.rozee.pk/company/the-bank-of-punjab-bop
• Required Documents: Ensure your CV is up-to-date and includes all relevant experience and qualifications.
• Deadline: Applications must be submitted by November 26, 2026.
• Important Note: Only shortlisted candidates will be contacted for interviews. No TA/DA will be admissible. The Bank of Punjab reserves the right to accept or reject any application without assigning any reason.
• Equal Opportunity: The Bank is an equal opportunity employer, encouraging applications from females, minorities, and differently-abled persons.

Successful candidates will benefit from these Risk Manager jobs in Lahore.

Advertisement Source