Summary
Date Posted: Monday, March 25 2024, Base Salary: Not Disclosed

JOB DETAILS:
The People’s Bank of Zanzibar Limited was established in 1966 under Cap 153 of the Zanzibar Companies Decree. Its primary function is to carry on businesses on commercial banking both in Conventional and Islamic Banking Services in all its branches and departments within the United Republic of Tanzania, Dar es Salaam, Dodoma and Mtwara with power to receive deposits, invest lend money and other related banking services.

PBZ is 100% owned by the Revolutionary Government of Zanzibar under supervision of the President’s Office, Finance and Planning. The Bank is currently undertaking expansion of its network on products and services and thus hereby invites applications from qualified and energetic Tanzanians.

Senior Officer Forensic and Investigation – 1 Post Unguja

Job Summary: We are seeking a talented and experienced Senior Officer in Forensic to join our risk management team. The Senior Officer will be responsible for conducting forensic investigations, analyzing financial data, and implementing fraud prevention measures. This role plays a crucial part in safeguarding the bank against fraud, financial crimes, and misconduct.

Key Responsibilities:
1. Forensic Investigations:
• Conduct thorough and detailed forensic investigations into suspected fraud, financial crimes, and misconduct.
• Gather and analyze evidence, financial records, and transactional data to identify irregularities and potentially fraudulent activities.
• Interview witnesses, employees, and other relevant parties to gather information and build a comprehensive case.

2. Fraud Detection and Analysis:
• Utilize advanced data analysis techniques to detect patterns, anomalies, and trends indicative of fraudulent activities.
• Perform in-depth analysis of financial statements, transactions, and accounts to identify potential fraud schemes.
• Collaborate with internal teams and external agencies to assess fraud risks and develop mitigation strategies.

3. Fraud Prevention Strategies:
• Develop and implement effective fraud prevention programs, policies, and procedures.
• Conduct risk assessments to identify vulnerabilities and recommend controls to prevent future fraud incidents.
• Stay updated on industry trends, emerging fraud schemes, and best practices in fraud prevention.

4. Reporting and Documentation:
• Prepare detailed and comprehensive reports of findings, including evidence, analysis, and recommendations.
• Present findings to senior management, regulatory authorities, and law enforcement agencies as required.
• Maintain accurate and confidential documentation of investigations, evidence, and case files.

5. Training and Awareness:
• Provide training and guidance to employees on fraud awareness, detection, and prevention measures.
• Conduct workshops, seminars, and educational sessions to enhance staff knowledge and vigilance against fraud.

6. Compliance and Regulatory Requirements:
• Ensure compliance with all relevant laws, regulations, and industry standards related to fraud prevention and investigation.
• Assist in responding to regulatory inquiries and audits related to forensic investigations.

7. Perform any other official dutyas assigned by the supervisor.

Qualifications and Skills:
• Bachelor’s degree in accounting, Finance, Business Administration, or equivalent or related field.
• Certified Fraud Examiner (CFE) or similar certification preferred and will be an added advantage.
• Minimum of 3 years of experience in forensic accounting, fraud investigation, or related field.
• Proficiency in forensic investigation techniques, tools, and methodologies.
• Strong analytical skills with the ability to interpret complex financial data.
• Excellent knowledge of banking operations, regulations, and compliance requirements.
• Experience in conducting interviews, gathering evidence, and preparing investigative reports.
• Exceptional attention to detail and accuracy in documentation.
• Excellent communication skills, both written and verbal.
• Ability to work independently, manage multiple tasks, and meet deadlines.
• Age limit of not more than thirty-five (35) years as at the date of this advert.

C. Terms of Service: Permanent Employment.

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

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