Assistant Manager, Fraud Risk

Equity Bank is seeking a driven and detail-oriented Assistant Manager, Fraud Risk to join its Risk Management function. In this role, you will be at the forefront of safeguarding the bank's financial integrity by identifying, assessing, and mitigating fraud risks across the organization. You will work closely with cross-functional teams to embed a strong fraud risk culture and ensure that robust controls are in place to detect and prevent financial crime.

This is a high-impact position that requires a blend of analytical acumen, investigative expertise, and stakeholder engagement skills. You will contribute meaningfully to the development of fraud risk frameworks, support fraud investigations, and help build the bank's resilience against evolving fraud threats in Kenya's dynamic banking landscape.

• Conduct fraud risk assessments across business units to identify vulnerabilities, emerging threats, and control gaps.
• Develop and maintain fraud risk registers, risk scenarios, and key risk indicators (KRIs) to enable proactive monitoring.
• Collaborate with business units to understand operational processes and map specific fraud exposure areas.
• Support the implementation and continuous enhancement of the enterprise-wide fraud risk management framework.
• Draft and refine policies, procedures, and guidelines governing fraud risk management practices.
• Monitor KRIs and fraud metrics to detect patterns, trends, and anomalies that signal heightened risk.
• Prepare clear, data-driven reports on fraud risk exposures, incidents, and trends for senior management and relevant board committees.
• Assist in investigating suspected fraud incidents — gathering evidence, interviewing relevant parties, and documenting findings.
• Evaluate and support the deployment of fraud detection tools, technologies, and forensic accounting techniques.
• Design and deliver fraud awareness training and sensitization programs for staff across all levels.
• Liaise with Legal, Compliance, Internal Audit, and IT departments to coordinate responses to fraud-related issues.
• Maintain active engagement with industry peers and professional networks to stay current on fraud trends and best practices.

• Demonstrate at least 3–5 years of hands-on experience in fraud risk management, forensic auditing, or financial crime investigation within a financial institution.
• Apply knowledge of fraud risk frameworks (e.g., COSO, IIA standards) to assess and mitigate institutional fraud exposure.
• Use fraud analytics tools and forensic accounting techniques to investigate suspicious transactions and identify fraud patterns.
• Produce well-structured, concise investigation reports and risk presentations tailored to executive and committee audiences.
• Interpret regulatory requirements and ensure fraud controls align with CBK guidelines and relevant Kenyan financial regulations.
• Manage multiple concurrent fraud investigations with a high degree of accuracy, discretion, and professionalism.
• Communicate complex fraud risk concepts clearly to non-technical stakeholders across the business.
• Hold or be actively pursuing a professional certification such as CFE (Certified Fraud Examiner) or CRMA (Certified Risk Management Auditor) — considered a strong advantage.
• Possess a Bachelor's degree in Finance, Accounting, Business Administration, or a related discipline.

Equity Bank offers a competitive remuneration package benchmarked to the Kenyan banking sector. The estimated monthly gross salary for this role ranges from KES 150,000 to KES 250,000, commensurate with experience and qualifications. Additional benefits typical of the bank's compensation structure apply.

Ideal candidate: A mid-career risk or compliance professional with a background in banking or financial services who is passionate about financial crime prevention. You are analytical, discreet, and thrive in environments that require both independent judgment and cross-functional collaboration. You understand Kenya's banking regulatory landscape and have direct exposure to fraud investigation workflows.

Do NOT apply if: You have fewer than 3 years of relevant experience in fraud risk or forensic auditing, have no exposure to the banking or financial services sector, or are seeking a purely administrative role. This position demands active investigation and risk assessment responsibilities, not general back-office support.

• Prepare an updated CV and a concise cover letter highlighting your fraud risk management experience and any relevant certifications.
• Visit the official Equity Bank careers portal or the job platform where this listing appears.
• Submit your application through the designated online application link provided in the job listing.
• Ensure your application clearly demonstrates your years of experience, key achievements in fraud management, and alignment with the role requirements.
• Only shortlisted candidates will be contacted for further assessment.