JOB PURPOSE :
Support developing Fraud Scenario Assessment (FSA) policies and procedures. Manages andadvises on improvements to FSA practices and associated changes; liaises withinternal and external stakeholders.
- Educates company onthe probability, nature and scope of fraudulent scenarios on company
- Advises on theappropriateness of different approaches to Assess Fraud Scenarios.
- Assesses the potentialimpact of the external environment.
- Implements plans andpriorities to deliver FSA objectives within agreed timescales and budgets.
- Implements FSA objectivesensuring that ownership and responsibilities are fulfilled within authoritylimits.
- Reviews the effectiveness ofFSA policy and processes and the use of resources.
- Reports on the impact of fraudscenarios within the Company.
- Interprets facts, patternsand trends to reach evidence-based decisions on the nature of fraud scenariosand the existing controls.
- Prioritises fraud scenarios interms of likelihood and consequence of occurrence.
- Evaluates interdependenciesbetween fraud scenarios.
- Monitors the effectivenessof an organisation’s approach to reduce high fraudulent scenarios.
- Ensures the continuingcoordination with ERM team.
- Provides support thatincentivises people to take responsibility for managing fraud scenarios withinthe limits of their role.