Senior Manager Fraud Risk

Equity Bank is hiring a highly experienced Senior Manager – Fraud Risk to join their risk and compliance leadership team. This is a strategic opportunity for professionals seeking fraud risk management jobs in Kenya within the banking sector.

Key Job Information

• Position: Senior Manager – Fraud Risk
• Location: Nairobi, Kenya
• Employment Type: Full-time
• Experience Level: Senior
• Salary Range: Competitive, based on experience

About Equity Bank

Equity Bank is one of Africa’s leading financial institutions, serving over 12 million customers across six countries, including Kenya, Uganda, Rwanda, Tanzania, South Sudan, and the Democratic Republic of Congo. The Bank has been recognized globally for its commitment to financial inclusion, technology-driven innovation, and customer empowerment.

With a mission to transform lives and livelihoods through inclusive financial services, Equity has earned its reputation as a trusted leader in retail and digital banking. Equity Bank fosters a performance-based culture that values integrity, innovation, and impact. If you’re seeking career opportunities at Equity Bank, joining this team means being part of a purpose-driven organization reshaping the financial landscape in Africa.

Job Description

Equity Bank is offering one of the top fraud risk management job opportunities in Nairobi for an individual who will lead the bank’s fraud risk governance framework. The Senior Manager – Fraud Risk will be responsible for designing, implementing, and continuously improving the systems and processes that detect and prevent fraud across the Bank’s operations.

This role is vital to protecting the institution from reputational damage and financial loss. The successful candidate will oversee fraud investigations, leverage analytics tools, collaborate with cross-functional teams, and contribute to a culture of accountability and transparency. This is a career-defining opportunity for professionals with a deep understanding of fraud risk in the financial services industry.

Key Responsibilities

Fraud Risk Governance & Frameworks

• Develop and maintain a comprehensive fraud risk management framework aligned with industry best practices and regulatory requirements.
• Define risk appetite, control procedures, and key risk indicators (KRIs) to guide the organization’s fraud response.

Fraud Risk Assessment & Gap Analysis

• Lead structured fraud risk assessments across departments, products, and customer touchpoints.
• Identify systemic vulnerabilities and recommend actionable mitigations.

Fraud Prevention & Monitoring

• Design and implement advanced fraud prevention controls and detection techniques, including behavioral analytics and technology tools.
• Regularly update management with reports on emerging trends, fraud incidents, and the effectiveness of mitigation strategies.

Compliance & Regulatory Oversight

• Ensure all fraud-related policies comply with anti-money laundering (AML) regulations, KYC standards, and other applicable guidelines.
• Act as the fraud compliance liaison during audits and inspections.

Team Leadership & Stakeholder Collaboration

• Lead and mentor a skilled team of fraud risk professionals, ensuring continuous learning and high-performance delivery.
• Partner with business units, legal, compliance, IT, and internal audit to embed fraud prevention across operations.

Technology, Innovation & Recovery

• Evaluate and implement new fraud detection platforms, AI-based monitoring tools, and digital forensics software.
• Develop strategies for fraud loss recovery through legal channels, insurance, and third-party negotiations.

Required Qualifications

• Bachelor’s degree in Finance, Business Administration, Criminal Justice, or a related field.
• Minimum of 5–8 years of experience in fraud risk management, preferably within banking or financial services.
• Proven knowledge of fraud risk frameworks, regulatory compliance, and AML policies.
• Strong investigative, analytical, and data-driven decision-making skills.
• Excellent stakeholder management, communication, and reporting abilities.
• Fluency in Microsoft Office Suite; especially Excel.

Preferred Qualifications

• Master’s degree in a relevant discipline.
• Professional certifications such as CFE (Certified Fraud Examiner) or ACAMS (Certified Anti-Money Laundering Specialist).
• Experience with fraud analytics platforms, financial crime investigation software, or machine learning tools.
• Leadership experience in a regulated risk environment.

Benefits and Compensation

Equity Bank offers a comprehensive benefits package designed to attract top-tier talent in financial fraud risk jobs in Kenya. Benefits include:

• Competitive salary with performance-linked incentives
• Medical insurance (inpatient and outpatient)
• Retirement savings and pension contributions
• Training and professional development programs
• Work-life balance initiatives and wellness programs
• Access to cutting-edge fraud risk tools and cross-border learning opportunities

How to Apply

Interested candidates seeking senior fraud management career opportunities at Equity Bank are encouraged to apply. Ensure your CV highlights relevant fraud risk experience, regulatory exposure, and leadership achievements.

Click the “Apply Now” button below to begin your application. Only shortlisted candidates will be contacted.

Explore one of the most impactful banking careers in Kenya and play a pivotal role in protecting Equity Bank’s integrity and its customers’ trust.