Assistant Manager Fraud Risk

About Equity Bank Kenya

Equity Bank Kenya is the biggest subsidiary within Equity Group Holdings Plc. It is registered in Kenya under the Companies Act (Cap 486) and regulated under the Banking Act (Chapter 488). The bank offers a wide range of retail banking, microfinance, and related financial services across the country.

Its national network covers 212 branches and is backed by more than 42,600 agents, 27,300 merchants, over 1 million Pay with Equity (PWE) merchants, and 345 ATMs. The bank is also listed on the Nairobi Securities Exchange, reflecting its focus on openness and strong market standing.

The wider group operates across banking, insurance, technology, and social enterprise, allowing it to provide integrated solutions that support inclusive growth. Its business approach follows a Tri-Engine model built around Social, Economic, and Sustainability pillars, designed to strengthen value chains, empower communities, and create long-term impact. The organization’s purpose is to transform lives, preserve dignity, and open opportunities for wealth creation. Its vision is to champion the socio-economic prosperity of African people. These goals are supported by the core values of professionalism, integrity, creativity and innovation, teamwork, unity of purpose, respect, and effective corporate governance (PICTURE). The group’s growth agenda is guided by the Africa Recovery and Resilience Plan (ARRP), which serves as the roadmap for sustainable expansion and lasting value creation across Africa.

Job Purpose

The Assistant Manager, Fraud Risk will be responsible for spotting, assessing, tracking, and reducing fraud-related exposure across the organization. The role also supports fraud prevention work, case investigations, and the rollout of fraud risk management systems that protect the business from financial and reputational damage.

Key Responsibilities

• Carry out fraud risk reviews across the organization to uncover weaknesses and newly emerging threats.
• Help build and maintain fraud risk registers, fraud scenarios, and relevant risk indicators.
• Work with business teams to understand their processes and pinpoint fraud-related exposures.
• Support the rollout and continuous improvement of the fraud risk management framework.
• Assist in drafting and updating fraud risk policies, procedures, and guidance documents.
• Help educate staff through communication and training on fraud awareness and prevention.
• Monitor key risk indicators and related measures to detect possible fraud trends or unusual patterns.
• Prepare periodic updates for management and committees on fraud risk exposure, incidents, and emerging trends.
• Assist with investigations into suspected fraud matters whenever required.
• Contribute to designing and implementing controls that prevent and detect fraud.
• Support the assessment and selection of fraud detection systems and tools.
• Help develop and deliver fraud awareness learning sessions.
• Partner with Legal, Compliance, Internal Audit, and IT to resolve fraud-related issues.
• Communicate clearly with stakeholders at all levels on fraud risk matters.
• Maintain active relationships with industry peers and professional bodies to stay current on new fraud trends and best practices.

Qualifications and Experience

A suitable candidate should hold a bachelor’s degree in Finance, Accounting, Business Administration, or a closely related discipline.

Professional credentials such as CFE (Certified Fraud Examiner) or CRMA (Certified Risk Management Auditor) are considered an added advantage.

Applicants should have 3 to 5 years of experience in fraud risk management, forensic auditing, or investigation of financial crime.

The role also requires familiarity with fraud risk frameworks, fraud analytics, and regulatory compliance requirements.

Practical exposure to fraud detection tools and forensic accounting methods will be important.

Key Competencies and Skills

• Strong capability in analysis and investigation.
• Careful attention to detail.
• Good problem-solving ability.
• High ethical standards and integrity when dealing with sensitive fraud cases.
• Strong report drafting and presentation skills.
• Ability to perform well under pressure and manage several fraud investigations at once.

Additional Information

Organization: Equity Group Holdings

Employment Type: Regular

Job Level: Manager

Job Shift: Day Job

Job Posting: Jun 13, 2026, 3:54:44 PM