Senior Analyst, Fraud Management (ERM)

About The Company

ADNOC Gas is a large-scale, integrated gas processing company and a subsidiary of ADNOC, one of the world's largest integrated energy companies. As a leading global gas player with access to capacity of around 10 billion standard cubic feet of gas per day (bscfd), we serve a wide range of domestic and international customers with an expanding portfolio of products. We supply around 60% of the UAE’s gas needs and export natural gas and related products to a diverse customer base in over 20 countries.

About The Job

Review, analyze, evaluate Fraud Scenario Assessment (FSA) across the organization based on the ERM Roles defined in the Fraud Risk Management Framework.

Conducts FSA Activities and consolidates results through liaising with internal and external stakeholders.

Key Accountabilities:

Fraud Management

• Explains fraudulent scenarios' nature, characteristics, probabilities, and scope, specifically tailored to the ADNOC Gas business domain.
• Analyses and assesses diverse methodologies, advocating their suitability in evaluating fraud scenarios. Collects pertinent data to gauge potential external environmental impacts.
• Facilitates the achievement of FSA goals within predetermined schedules. Executes FSA objectives, ensuring accountability and duties are fulfilled within established authority parameters.
• Gathers data to validate the efficacy of FSA policies and processes. Constructs comprehensive reports defining the implications of fraud scenarios within the ADNOC Gas.
• Provides support in analysing facts, patterns, and trends to reach evidence-based decisions on the nature of fraud scenarios and the existing controls.
• Explains the mechanism of prioritising fraud scenarios in terms of likelihood and consequence of occurrence.
• Compiles evidence highlighting the interconnections among fraud scenarios. Gathers supporting evidence concerning the efficacy of the organization's measures to mitigate high-risk fraudulent scenarios.
• Provides support that incentivizes people to take responsibility for managing fraud scenarios within the limits of their role.
• Collaborate with consultants and Internal Auditors for testing of Fraud controls.
• Prepare management reports of all fraud risk assessment activities including the final fraud risk register on annual basis or as and when required by the management.
• Promote awareness and training sessions/workshops to employees on the fraud risk management framework.
  
  

Supervision

• Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
• Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective functional objectives.
  
  

Budgets

• Provide input for preparation of the functional budgets and assist in the implementation of the approved Budget and work plans to deliver functional objectives.
• Investigate and highlight any significant variances to support effective performance and cost control
  
  

Policies, Systems, Processes & Procedures

• Implement approved Section / Team / Department policies, processes, systems, standards and procedures in order to support execution of the work programs in line with Company and International standards.
  
  

Performance Management

• Contribute to the achievement of the approved Performance Objectives for the function in line with the Company Performance framework.
  
  

Innovation and Continuous Improvement

• Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
• Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with best Industry standards in order to define intelligent solutions for issues confronting the function.
  
  

Health, Safety, Environment (HSE) and Sustainability

• Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
  
  

Reports

• Provide inputs to prepare MIS and progress reports for Company Management.
  
  

Minimum Requirements

• Bachelor’s Degree in Risk, Business, Finance, Economics or equivalent .
• 8 years in banking/finance industry experience including 4 years experience in Fraud prevention or investigation in the Banking industry.
• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with government regulations and laws.
• Strong organization skills and ability to handle multiple projects efficiently in order to ensure projects are completed timely.
• Able to interact and communicate effectively with all management levels to assess business needs
• Relevant professional certification, CFE Credentials preferred
  
  

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