Manager Fraud Risk Management Unit

COMPANY OVERVIEW

Our client a Karachi-based State Bank of Pakistan (SBP) regulated Electronic Money Institution (EMI) seeks to appoint an experienced professional for the following role:

Job Role

The individual is responsible for designing implementing and maintaining a robust fraud risk prevention and detection framework across all business functions of the IMEincluding digital platforms remittance transactions foreign exchange operations agent network customer onboarding channels and internal processes. The unit ensures that the company remains protected from financial fraud internal misconduct cyber-enabled crimes identity theft and payment-related malicious activities.

Key Responsibilities

• Establish and maintain fraud risk policies procedures controls and Standard Operating Procedures (SOPs).
• Develop and implement a comprehensive Fraud Risk Management Framework (FRMF) aligned with SBP FMU FATF guidelines and global best practices.
• Design and implement preventive risk controls for digital onboarding KYC remittances agent operations and internal workflows.
• Coordinate with Product & IT teams to embed fraud-resilient design into new digital platforms APIs integrations and customer journeys. Develop fraud risk rules thresholds and controls in monitoring systems including real-time alerts and scenario-based triggers.
• Utilize data analytics dashboards and automated tools to identify anomalies and suspicious activities
• Perform continuous monitoring of transactions system activities agent behavior and user patterns using analytics and fraud monitoring tools.
• Lead internal investigations of suspected or confirmed fraud incidents (internal & external).
• Maintain a fraud incident register and support disciplinary actions where appropriate.
• Work closely with AML/CFT Compliance IT Security Legal Operations & Internal Audit on fraud-related matters. Report fraud cases and trends to the Head of Risk & Compliance Management Committees and the Board (where required).
• Develop and implement employee Code of Conduct initiatives regarding fraud ethics and conflict of interest.

Education

• Minimum 16 years of education preferably a Bachelors degree in preferably in Business Administration Finance Accounting or related field.

Experience

• Minimum 5 years of professional experience preferably in a large national/multinational organization
• Experience in a bank EMI fintech or regulated financial institution growth functions is preferred.

Requirements

• Strong analytical investigative and problem-solving skills
• Knowledge of digital fraud cyber-crime patterns payment fraud social engineering and identity theft
• Understanding of SBP regulatory frameworks AML/CFT and financial crime controls
• Hands-on experience with fraud monitoring tools BI reporting and data analytics tools

Age

• The candidate should preferably be not more than 35 years of age as of last date of submission of application.

This advertisement is published on 28 April 2026. The last date to apply is 07 May 2026. Candidates who possess the required experience and educational qualifications to undertake this challenging role are encouraged to submit their applications at

Only shortlisted candidates will be contacted.