32 Fraud jobs in Bahrain

Fraud Risk Manager

Manama, Capital Arab Banking Corporation

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Arab Banking Corporation Manama, BahrainPosted 1 day ago Permanent competitive

**Job Purpose**:
This is a middle management risk role within Group Fraud Risk Management responsible for supporting the fraud risk management function and assisting in fostering a culture of fraud risk prevention, detection, and response across ABC Group. The incumbent will be asked to:

- Support the Head of FRM in the continual design, implementation and improvement of a sound fraud risk management program, policies, procedures, and fraud monitoring activities including systems to manage fraud risk throughout ABC Group,
- Contribute toward the alignment of fraud risk management strategies across the Group in accordance with the enterprise-wide Risk Management, Internal Control including Operational Risk Management Policies.
- Enhance Fraud Risk Dashboard, MIS reporting and.
- Engage with Group stakeholders and provide support as appropriate to enhance their abilities to anticipate and manage fraud events effectively.
- Support and oversee the adequacy and strength of the Internal Control throughout the Group
- Recommend in consultation with the Head of Fraud Risk Management adequate fraud risk management framework implementation in order to ensure the fraud risk profile supports the achievement of business objectives.

**Principal Responsibilities, Accountabilities and Deliverables of Role**:
1) Strategy, Policy, Framework and Governance
- Support the design and implementation of Fraud Risk Management program, tools, and culture.
- Contribute toward ensuring Fraud Risk Management Framework and policies are in compliance with the Group, Local, and Industry regulatory requirements and standards.
- Ensure that all major fraud risks are identified, properly mitigated, and monitored.
- Drive continuous enhancement of FRM Program Group for more efficiencies and effectiveness.
- Support Head of Fraud Risk Management establishing and enhancing sound FRM governance group-wide.

2) Process Management
- Support standardization, automation and efficiency through re-engineering and process improvement initiatives across the Group to deliver desired client experience across all channels/ products.
- Ensure strong collaboration and concerted efforts with key stakeholders /partners by:

- Sharing information on fraud trends and identifying emerging fraud threats.
- Leveraging on common tools, information, and processes.
- Designing and implementing a fraud preventive strategy
- Supporting the 1st Line of Defense in strengthening their RCSAs and identifying, assessing, mitigating, and monitoring fraud risks.
- Strengthen Fraud Risk Management capabilities, skills, and infrastructure to enable swift detection and response to fraud attacks.
- Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
- Support the implementation of the FRM Program and design/monitor the fraud risk metrics to identify potential control weaknesses.
- Build and coordinate appropriate fraud detection, deterrence, and investigation activities to limit the likelihood /impact of Fraud incidents/events
- Recommend and monitor the implementation of longer-term remediation action to reduce likelihood/ impact of known fraud trends.
- Manage fraud incidents and ensure a comprehensive root-cause analysis is completed.

3) Systems
- Support in Design and maintain the Group’s Fraud Risk Management Systems.
- Continuously enhance the rules for identifying/preventing suspicious transactions on cards and non-cards-based transactions.
- Monitor and ensure efficient functioning of fraud monitoring solutions in place.
- Identify and review emerging and current transactional fraud risk to fine tune the rules/parameters to enhance or improve detection rates and false positive rates.
- In collaboration with the bank’s IT Security team, proactively highlight the new and emerging Fraud Cyber threats.

4) Analysis and Reporting
- Prepare analyses reports for Senior Management on key findings as part of the Fraud Risk Management Framework.
- Drive standardization and ensure postmortem investigative recommendations are fully adopted across the Group.
- Ensure Lessons Learned are shared with all business units/countries on timely manner.
- Prepare Internal & External reporting.
- Set up a robust MIS deck that captures internal and external fraud trends

5) Training and Awareness

Work with HR and Management to design and deliver relevant fraud risk management training and guidance across the Group to promote robust fraud risk management culture.
Contribute toward designing Fraud Awareness and Prevention campaigns for internal and external audiences.

**Job Requirements**:
Knowledge
- Hands-on knowledge of fraud risk management in both Retail and Wholesale Banking including fraud risk assessments, fraud control testing, incident root-cause analysis etc.
- Proven
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Quartz - Fraud Management System

Manama, Capital RESO

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Job Description

Full Time

Working knowledge of Linux, Java and Oracle

Working knowledge of OLTP

Working knowledge of integration between channels and backend

Working knowledge of various risks of financial fraud

Years of Experience: 4 - 6 years

Job Responsibilities
  1. Strong software development experience & clear understanding of software architecture.
  2. Experience on Spring MVC, Spring Core, Spring Boot and Hibernate frameworks.
  3. Experience on design and development on REST and SOAP Web services, to analyze & find the RCA.
  4. Experience on application level Databases utilization (Not to consider DBA activities).
  5. Aware knowledge on Java 6 to Java 8 & dependencies.
  6. Working experience with webservers like Apache Tomcat, Jboss, Weblogic.
  7. Experience in service-oriented architecture (SOA).
  8. Familiarity with various operating systems (e.g. Windows, UNIX, Linux).
  9. Experience on writing shell scripts.
  10. Experience in working on Apache
  11. Expert knowledge in analyzing the server basic parameters like CPU Utilization, RAM Utilization, Storage, Threads, Process.
  12. Deep knowledge of all the batches which are run under Quartz Compliance FMS system.
  13. Expert knowledge in Quartz Compliance FMS System.
  14. Experience in dealing with application training.
  15. Experience in Change Management process in application.
  16. Knowledge in setup of parameterization in application.
  17. Business understanding from application side configuration in the application.
  18. Expert knowledge in statistics summarization and building pivot reports for tracking.
Skills
  1. Code Review
  2. System Development Life Cycle
  3. System Testing
  4. Systems Integration
  5. Agile Development Processes
  6. Applications System Analysis
  7. Object Oriented Design
  8. System Maintenance and Enhancement
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Quartz - Fraud Management System

Manama, Capital Minds United

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Job Description

Join to apply for the Quartz - Fraud Management System role at Minds United

Join to apply for the Quartz - Fraud Management System role at Minds United

Full Time

Working knowledge of Linux, Java and Oracle

Working knowledge of OLTP

Working knowledge of integration between channels and backend

Working knowledge of various .

Working knowledge of Linux, Java and Oracle

Working knowledge of OLTP

Working knowledge of integration between channels and backend

Working knowledge of various risks of financial fraud

Years of Experience 4 - 6 years

Job Responsibilities

Job Responsibility 1 Strong software development experience & clear understanding of software architecture.

Job Responsibility 2 Experience on Spring MVC, Spring Core, Spring Boot and Hibernate frameworks

Job Responsibility 3 Experience on design and development on REST and SOAP Web services, To analyze & find the RCA.

Job Responsibility 4 Experience on application level Databases utilization {Not to consider DBA activities}

Job Responsibility 5 Aware knowledge on Java 6 to Java 8 & dependencies

Job Responsibility 6 Working experience with webservers like Apache Tomcat, Jboss, Weblogic.

Job Responsibility 7 experience service-oriented architecture (SOA)

Job Responsibility 8 Familiarity with various operating systems (e.g. Windows, UNIX, Linux)

Job Responsibility 9 Experience on writing shell scripts

Job Responsibility 10 Experience in working on Apache Responsibility 11 Expert knowledge in analyzing the server basic parameters like CPU Utilization, RAM Utilization, Storage, Threads, Process.

Job Responsibility 12 To have deep knowledge of all the batches which are run under Quartz Compliance FMS system.

Job Responsibility 13 Expert knowledge in Quartz Compliance FMS System.

Job Responsibility 14 Experience in dealing with application training

Job Responsibility 15 Experience in Change Management process in application.

Job Responsibility 16 To have knowledge in setup of parameterization in application

Job Responsibility 17 To have business understanding from application side configuration in the application.

Job Responsibility 18 Expert knowledge in statistics summarization and building pivot reports for tracking.

Skills

Skill 1 Code Review

Skill 2 System Development Life Cycle

Skill 3 System Testing

Skill 4 Systems Integration

Skill 5 Agile Development Processes

Skill 6 Applications System Analysis

Skill 7 Object Oriented Design

Skill 8 System Maintenance and Enhancement

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Job function Finance and Sales
  • Industries Outsourcing and Offshoring Consulting

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Generation Z - Revenue Assurance and Fraud Management Trainee

Manama, Capital Zain Bahrain

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Job Description

ZAIN1571 - Generation Z - Revenue Assurance and Fraud Management Trainee

Operation

Division

Finance

Location

Closing Date

30-Apr-2025

About Zain

Zain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation of our expansion strategy in 2003, we have expanded rapidly. Read more here: About Zain

About the Role

As a Telecom Revenue Assurance and Fraud Management Analyst Trainee, you will play a crucial role in ensuring the integrity of our telecom company's revenue streams and safeguarding against fraudulent activities. This position offers the opportunity to work in a dynamic and challenging environment.

Main Responsibilities and Duties
  1. Data Analysis: Conduct detailed analysis of telecom billing and usage data to identify anomalies, discrepancies, and potential revenue leakages.
  2. Revenue Assurance: Implement revenue assurance processes and controls to prevent revenue losses, ensuring that all billed revenue is captured accurately.
  3. Fraud Detection: Monitor telecom networks for unusual or fraudulent activities, working closely with fraud detection systems to identify and mitigate potential threats.
  4. Documentation: Maintain comprehensive records of revenue assurance and fraud management activities, including findings, actions taken, and resolutions.
  5. Reporting: Prepare regular reports and presentations summarizing revenue assurance and fraud management metrics and trends for management review.
  6. Collaboration: Collaborate with cross-functional teams, including finance, IT, and operations, to resolve revenue assurance and fraud-related issues.
  7. Continuous Improvement: Identify process improvements and recommend enhancements to existing systems to enhance revenue protection and fraud prevention.
  8. Training and Development: Stay updated with industry trends, regulations, and best practices related to telecom revenue assurance and fraud management through training and self-study.
Skills and Knowledge
  1. Analytical Skills: Strong analytical skills with the ability to interpret complex data and draw meaningful insights.
  2. Communication: Effective written and verbal communication skills to convey findings and recommendations clearly.
  3. Detail-Oriented: Exceptional attention to detail to spot irregularities in data and transactions.
  4. Team Player: Ability to work collaboratively within a team and across departments.
  5. Adaptability: Willingness to learn, adapt to new technologies, and stay current with industry trends.
  6. Basic IT Skills: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with data analysis tools is a plus.
  7. Basic understanding of telecommunications networks and billing systems.
  8. Familiarity with database management and SQL, Python, and Tableau.
Experience and Qualifications

Bachelor’s degree in telecommunications, finance, business, data analytics, or any other relevant field.

0-2 years of experience.

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application, you would need the following document(s):

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RISK MANAGEMENT (FINANCE)

Manama, Capital RESO

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Job Description

Full Time

Knowledge in Finance and Accounting

Knowledge in reporting experience in systems like Excel and other MS Office applications

Experience: 1 - 3 years

Job Responsibilities
  • Conduct portfolio analytics and deep dives into the portfolio.
  • Regulatory and Management Reporting
  • Attention to detail and a commitment to accuracy and quality.
  • Strong analytic capabilities.
  • Problem solving skills
  • Able to effectively work in a closely knit team.
Skills
  • Risk Analysis
  • Risk Assessment
  • Spreadsheet Preparation
  • Presentation Preparation
  • Data Access and Reporting
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Risk Management Specialist

555 Riffa, Southern BHD7200 Annually WhatJobs

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Job Description

full-time
Our client, a reputable insurance and financial services firm, is seeking a diligent and analytical Risk Management Specialist to join their dedicated team in **Riffa, Southern, BH**. This role is critical in identifying, assessing, and mitigating potential risks across the organization, ensuring compliance with regulatory requirements and safeguarding assets. The ideal candidate will possess a strong understanding of risk management frameworks, insurance principles, and financial regulations. Responsibilities include developing and implementing comprehensive risk management strategies, conducting regular risk assessments and audits, analyzing data to identify trends and potential vulnerabilities, and recommending appropriate control measures. You will also play a key role in developing risk mitigation plans, monitoring their effectiveness, and preparing reports for senior management. The successful candidate will have excellent analytical, problem-solving, and communication skills, with the ability to interpret complex data and present findings clearly. Experience with various risk assessment tools and methodologies, along with a strong understanding of the insurance industry, is highly preferred. This position offers a challenging and rewarding opportunity to contribute to the financial stability and operational integrity of the company.

Key Responsibilities:
  • Identify and assess potential risks across various business operations.
  • Develop and implement risk management strategies and frameworks.
  • Conduct risk assessments, audits, and compliance checks.
  • Analyze financial data and operational processes to identify vulnerabilities.
  • Develop and implement risk mitigation plans and control measures.
  • Monitor the effectiveness of risk management strategies.
  • Prepare risk reports and present findings to senior management.
  • Ensure compliance with relevant industry regulations and standards.
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Risk Management Executive

Manama, Capital stc bahrain

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Job Objective

Support in the execution of all Enterprise Risk Management and Business Continuity Management activities by engaging the respective action owners across all sectorsKey Responsibilities

Follow up on the implementation of risk mitigation plans across all sectors
Development of Risk Mitigation plans for newly identified risks in coordination with the respective Risk Owners
Update Enterprise Risk Management Tracker before and after every Risk Management Committee meeting
Update all Risk Mitigation Plans with the Risk Mitigation Coordinators in accordance with the department’s calendar of activities
Participate in Ad-hoc Risk Assessment exercises (whenever needed)
Perform quarterly sample audit on risk mitigation plans and Business Continuity / Disaster Recovery Plans to identify any gaps and close them
Participate in the regular Business Impact Analysis exercise and prepare the departmental, sectorial, and company reports
Liaise with Technology and Business for documenting and testing the planned Disaster Recovery/Business Continuity Plans in alignment with the approved BCM Strategy
Consolidate Disaster Recovery/Business Continuity Test Reports on a quarterly-basis
Participate in 3rd parties Business Continuity Management assessment and follow up on the implementation of the agreed actions
Monitor communications related to normal/major incidents management to ensure compliance with Major Incidents/Crisis Management Framework
Maintain contacts of Crisis Management Team and Incident Management Teams
Act as the Crisis Communication Coordinator in the time of crises
Handle any required logistics related to Crisis Management
Conduct periodic crisis drills and prepare post-drill reports
Coordinate the closure of Internal Audit actions with the respective action owners across all the sectors
Maintain Internal Audit Actions Tracker on a weekly-basis
Prepare awareness material (whenever needed)
Develop and maintain BCM dashboard and continuously improve other department’s working dashboards (ERM and IA Actions)
Maintain the department’s working documents in alignment with any relevant changes
Manage archiving the department’s working documents
Perform other duties as requested.

Academic Qualification & Professional Experience
- Bachelor’s degree in business, IT, engineering or equivalent from a recognized university.
- Min of 5 years of experience

.
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Risk Management Lecturers

Manama, Capital BIBF

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Job Description

**The Banking & Finance Centre at the Bahrain Institute of Banking & Finance is seeking a **Part Time Lecturers to deliver Risk Management related courses**:

- Bachelor’s degree in Banking & Finance or equivalent is required
- Membership of a related professional body such as PRM/FRM is required
- Minimum 5 years industry experience specifically in Procurement

**Core Job Responsibilities**:

- Provide support and recommendations on innovative teaching/training techniques that create interest, understanding and enthusiasm amongst participants
- Assist the planning and implementation of a high quality curriculum, manage and monitor the quality and relevance of course content and methods of delivery
- Review syllabus, textbooks, course materials, manuals, lecture notes, handouts, visual and other aids, document and record the course contents in alignment with BIBF’s policies and procedures
- Follow up with students for any course submissions, case study analysis, assessment reports, etc. assigned to them as a part of the course/program requirement, verify and assess/grade all submissions (as required)
- Act as an Assessor or internal verifier, if and when required
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Security Risk Management Specialist

RESO

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workfromhome

In security risk management we're looking to harness the power of industry best practice combined with driving new innovation on how we do security risk assessments and modelling. Our security risk management team is the primary owner of the strategy and practices of how we identify, track and reduce our security risk across everything we do.


To support this we need to use industry best practices paired with emerging threat information to promote risk identification, quantification, impact analysis, and modelling to ultimately drive decision making. In this role, you will help establish and execute a broad strategic vision for the security risk program at Canonical. You will not only work within the team but also cross-functionally with various teams across the organisation. The team contributes ideas and requirements for Canonical product security, improving the resilience and robustness of all Ubuntu customers and users subject to cyber attacks. Additionally, the team collaborates with our Organisational Learning and Development team to develop playbooks and facilitate security training across Canonical.


The security risk management team's mission is not only to secure Canonical, but also to contribute to the security of the wider open source ecosystem. They might share knowledge through public presentations and industry events, and share threat intelligence with the wider community or represent Canonical in sector-specific governance bodies.


What you will do in this role:
  • Define Canonical's security risk management standards and playbooks
  • Analyse and improve Canonical's security risk practices
  • Evaluate, select and implement new security requirements, tools and practices
  • Grow the presence and thought leadership of Canonical security risk management practice
  • Develop Canonical security risk learning and development materials
  • Work with Security leadership to present information and influence change
  • Participate in developing key risk indicators, provide inputs to the development of key control indicators, and key performance indicators for various programs
  • Apply statistical models to risk frameworks (such as FAIR, sensitivity analysis, and others)
  • Participate in risk management, decision-making, and collaborative discussions
  • Lead quantified risk assessments and understand the value of qualitative data for improvements to quality and engineering processes
  • Interpret internal or external cyber security risk analyses in business terms and recommend a responsible course of action
  • Develop templates and materials to help with self-service risk management actions
  • Monitor and identify opportunities to improve the effectiveness of risk management processes
  • Launch campaigns to perform security assessments and help mitigate security risks across the company
  • Build evaluation methods and performance indicators to measure efficiency of security functions and capabilities.

What we are looking for:
  • An exceptional academic track record
  • Undergraduate degree in Computer Science or STEM, or a compelling narrative about your alternative path
  • Drive and a track record of going above-and-beyond expectations
  • Deep personal motivation to be at the forefront of technology security
  • Leadership and management ability
  • Excellent business English writing and presentation skills
  • Problem-solver with excellent communication skills, a deep technical understanding of security assessments and risk management
  • Expertise in threat modelling and risk management frameworks
  • Broad knowledge of how to operationalize the management of security risk
  • Experience in Secure Development Lifecycle and Security by Design methodology

What we offer you:

We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognise outstanding performance. In addition to base pay, we offer a performance-driven annual bonus. We provide all team members with additional benefits, which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

  • Distributed work environment with twice-yearly team sprints in person
  • Personal learning and development budget of USD 2,000 per year
  • Annual compensation review
  • Recognition rewards
  • Annual holiday leave
  • Maternity and paternity leave
  • Employee Assistance Programme
  • Opportunity to travel to new locations to meet colleagues
  • Priority Pass, and travel upgrades for long haul company events

About Canonical:

Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open source projects and the platform for AI, IoT and the cloud, we are changing the world on a daily basis. We recruit on a global basis and set a very high standard for people joining the company. We expect excellence - in order to succeed, we need to be the best at what we do. Canonical has been a remote-first company since its inception in 2004. Working here is a step into the future, and will challenge you to think differently, work smarter, learn new skills, and raise your game.


Canonical is an equal opportunity employer. We are proud to foster a workplace free from discrimination. Diversity of experience, perspectives, and background create a better work environment and better products. Whatever your identity, we will give your application fair consideration.

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Senior Risk Management Officer

901 Diplomatic Area BHD110000 Annually WhatJobs

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full-time
Our client, a prominent international bank, is seeking an experienced Senior Risk Management Officer to join their prudential supervision and risk assessment division in Isa Town, Southern, BH . This role is vital in identifying, assessing, and mitigating a wide range of financial and operational risks across the bank's operations. The ideal candidate will possess a deep understanding of banking regulations, risk frameworks, credit analysis, market risk, and operational risk management, coupled with strong analytical and strategic thinking abilities.

Key Responsibilities:
  • Develop, implement, and maintain the bank's enterprise-wide risk management framework.
  • Conduct comprehensive risk assessments, including credit risk, market risk, operational risk, liquidity risk, and strategic risk.
  • Monitor and analyze the bank's risk profile, identifying emerging risks and developing mitigation strategies.
  • Ensure compliance with all relevant banking regulations and supervisory requirements.
  • Develop and implement risk policies, procedures, and controls.
  • Prepare risk reports for senior management, the Board of Directors, and regulatory authorities.
  • Lead stress testing and scenario analysis exercises to evaluate the bank's resilience.
  • Collaborate with business units to embed a strong risk culture and promote risk awareness throughout the organization.
  • Manage relationships with external auditors and regulatory bodies on risk-related matters.
  • Evaluate the effectiveness of internal controls and recommend improvements.
  • Mentor and guide junior risk analysts, fostering professional development.

Qualifications:
  • Master's degree in Finance, Economics, Statistics, or a related quantitative field; MBA or relevant professional certification (e.g., FRM, PRM) is highly desirable.
  • Minimum of 7-10 years of experience in risk management within the banking or financial services sector.
  • Proven expertise in various risk management disciplines, including credit, market, operational, and liquidity risk.
  • In-depth knowledge of banking regulations (e.g., Basel Accords) and supervisory expectations.
  • Strong analytical and quantitative skills, with proficiency in statistical modeling and data analysis tools.
  • Excellent report writing and presentation skills, with the ability to communicate complex risk issues clearly.
  • Experience with risk management software and systems.
  • Strong understanding of financial markets and instruments.
  • Strategic thinking and the ability to proactively identify and address potential risks.
  • High level of integrity and ethical conduct.
  • Experience in leading risk assessment projects and teams.
This is a critical role offering significant responsibility and the opportunity to contribute to the stability and success of a major banking institution.
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