Job Description
Equity Bank Kenya Ltd is seeking to recruit a highly accomplished Fraud Prevention Manager to strengthen enterprise-wide fraud risk management and safeguard the integrity of its banking operations. This position presents an outstanding opportunity for an experienced professional who is passionate about protecting customers, financial assets, digital platforms, and business operations through innovative fraud prevention strategies and effective governance practices. The successful candidate will play a central role in enhancing fraud resilience across multiple banking products, delivery channels, and operational functions while supporting the bank's commitment to secure, ethical, and customer-focused financial services.
Reporting to senior leadership, the Fraud Prevention Manager will oversee the development, implementation, and continuous enhancement of fraud prevention frameworks designed to detect, prevent, investigate, and minimize fraud risks before they result in financial or reputational loss. The role requires a proactive leader capable of evaluating emerging fraud trends, strengthening internal controls, recommending practical risk mitigation measures, and ensuring compliance with regulatory requirements and internal governance standards.
The successful candidate will collaborate closely with business units, compliance teams, internal audit, cybersecurity specialists, operations departments, digital banking teams, legal advisors, and external stakeholders to create a coordinated approach to fraud prevention. Through advanced data analysis, intelligence gathering, transaction monitoring, and continuous control assessments, the manager will identify vulnerabilities, recommend process improvements, and implement sustainable fraud prevention initiatives that enhance operational resilience.
In addition to operational responsibilities, this position will champion a strong fraud awareness culture throughout the organization by promoting employee education, ethical conduct, and accountability. The manager will ensure that fraud-related incidents are investigated promptly, corrective actions are implemented effectively, and valuable lessons are incorporated into future risk management strategies.
The ideal candidate will possess exceptional leadership abilities, analytical thinking, sound judgement, and the confidence to influence decision-making across multiple business functions. They should demonstrate extensive knowledge of banking regulations, fraud typologies, financial crime risks, emerging technologies, and modern fraud detection methodologies. Strong communication skills, strategic planning capability, and the ability to manage high-performing teams will be essential for success in this position.
This role offers an exciting opportunity to contribute to one of Africa's leading financial institutions by strengthening fraud prevention capabilities, protecting customer trust, supporting regulatory compliance, and driving continuous improvement across the bank's risk management environment. Individuals who thrive in dynamic, fast-paced banking environments and are committed to operational excellence are encouraged to submit their applications.
Key Responsibilities
- Lead the development, implementation, and continuous enhancement of enterprise-wide fraud prevention strategies aligned with business objectives.
- Design comprehensive fraud risk management frameworks covering retail, corporate, digital, agency, and mobile banking services.
- Conduct regular fraud risk assessments across banking products, operational processes, and service delivery channels.
- Identify emerging fraud threats, vulnerabilities, and control weaknesses before they result in financial losses.
- Develop preventive controls that minimize opportunities for internal and external fraudulent activities.
- Oversee transaction monitoring programs and ensure suspicious activities are detected promptly.
- Evaluate fraud trends using analytical tools, data intelligence, and operational reporting.
- Coordinate fraud investigations while ensuring appropriate documentation and evidence preservation.
- Review fraud incidents and recommend corrective actions that eliminate recurring weaknesses.
- Escalate significant fraud cases to executive management in accordance with governance requirements.
- Collaborate with Compliance, Internal Audit, Risk Management, Information Security, Operations, and Legal teams to strengthen fraud controls.
- Support regulatory examinations and internal audits relating to fraud risk management.
- Develop fraud prevention policies, procedures, and operational guidelines that reflect industry best practices.
- Monitor compliance with internal fraud management standards across business units.
- Prepare comprehensive fraud risk reports for executive leadership and governance committees.
- Recommend technology-driven fraud detection solutions that improve monitoring efficiency.
- Evaluate the effectiveness of fraud detection systems and recommend enhancements where necessary.
- Promote a strong fraud awareness culture through continuous employee education and training initiatives.
- Develop fraud awareness campaigns that encourage ethical conduct and timely reporting of suspicious activities.
- Provide technical guidance and coaching to fraud prevention specialists and team members.
- Set departmental performance objectives and monitor achievement against agreed targets.
- Foster collaboration between operational teams to improve fraud prevention effectiveness.
- Maintain productive working relationships with regulators, law enforcement agencies, industry bodies, and external partners where appropriate.
- Support business continuity by ensuring fraud risks are incorporated into operational planning.
- Participate in strategic projects involving digital banking, payment systems, and new financial products to ensure fraud controls are embedded from implementation.
- Analyse fraud losses, root causes, and emerging patterns to improve organizational resilience.
- Recommend process automation initiatives that reduce operational fraud exposure.
- Maintain confidentiality when handling sensitive investigations and customer information.
- Continuously review global fraud prevention trends and recommend practical innovations suitable for the banking environment.
- Drive continuous improvement initiatives that enhance operational efficiency while maintaining strong fraud governance.
- Prepare periodic management information reports highlighting fraud performance indicators, risk exposures, and recommended mitigation actions.
- Ensure all fraud prevention activities support customer confidence, regulatory compliance, and sustainable business growth.
Qualifications & Requirements
- Bachelor's degree in Business, Finance, Accounting, Economics, Banking, Risk Management, Commerce, or a related discipline from a recognized institution.
- Professional certification such as Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), or equivalent qualification will be an added advantage.
- Strong understanding of fraud risk management frameworks and banking regulations.
- Excellent knowledge of financial crime prevention principles.
- Experience interpreting banking policies and regulatory requirements.
- Advanced analytical and investigative skills.
- Strong problem
- solving and decision
- making abilities.
- High ethical standards and professional integrity.
- Excellent report writing and presentation skills.
- Strong leadership and people management capability.
- Ability to analyses complex financial transactions.
- Effective stakeholder engagement and relationship management skills.
- Excellent verbal and written communication skills.
- Strong project management capability.
- Knowledge of digital banking fraud trends.
- Ability to work under pressure while meeting strict deadlines.
- Strong attention to detail.
- High level of confidentiality and professional discretion.
- Proficiency in Microsoft Office applications and fraud monitoring technologies.
How to Apply
Interested and suitably qualified candidates are invited to submit their application through the official Equity Bank Kenya recruitment portal. Applicants should complete the online application form and attach an updated curriculum vitae together with relevant academic and professional certificates where required. Only shortlisted candidates will be contacted for the next stage of the recruitment process. Candidates are encouraged to submit their applications before the stated closing date, as late submissions may not be considered. Equity Bank Kenya Ltd is an equal opportunity employer committed to fair, transparent, and merit-based recruitment practices.
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