Group Fraud Risk Manager

at  Pictet

YOUR TEAM

Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units and include the Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Corporate Office, Risk and Tax departments.
As a Fraud Manager within the Fraud team your primary focus will be on internal fraud. You will be responsible for developing, implementing and overseeing strategies to detect, prevent and mitigate fraudulent activities perpetrated by employees. You will leverage data analytics to identify fraud activities. You will work closely with various departments to identify potential risks and implement/maintain robust controls to safeguard the Bank’s assets and reputation. You will also educate colleagues and communicate on fraud topics.

• Conduct regular assessments to identify vulnerabilities and emerging threats related to internal fraud and implement measures to proactively mitigate these risks.
• Use advanced fraud detection tools and techniques to monitor patterns in activities for signs of fraudulent behaviour. Maintain the anti-fraud platform and execute controls on unusual operations detected by this platform.
• Monitor the performance of the fraud detection models and identify opportunities for optimisation, recalibration and implement enhancements to maintain effectiveness against evolving threats.
• Collaborate with internal stakeholders (including Risk & Compliance, Human Risks, HR Legal, IT departments) to implement fraud prevention initiatives and strengthen controls.
• Maintain accurate records of incidents, investigations and outcomes, and prepare timely reports for management as required.
• Stay abreast of industry trends, emerging technologies and best practices in fraud prevention and detection, and lead enhancements to existing processes and systems.