Officer - Fraud Risk Monitoring

Job description / Role

Finance, Investment & Asset Management

Job purpose

To protect the bank and the customer's account by detecting suspicious transactions, in order to prevent fraudulent activities.

• Assist in monitoring, analyzing, and resolving alerts and ensuring appropriate corrective actions are generated by various fraud detection tools and monitor those accounts, in order to detect and prevent fraudulent activities.
• Respond, advise, and ensure staff queries related to fraud risk/incidents are addressed and ensure internal watch/blacklisting of customers involved or suspected in fraudulent activities both from enhanced due diligence and payment filters' perspective.
• Assist in review of internal audit and retail credit fraud risk management investigation reports and provide or share findings.
• Assist in ensuring effective fraud risk management framework and provide feedback to enhance system scenarios.
• Assist in preparation of regulatory and management reporting of fraud incidents and response to regulator's queries.
• Ensure all assigned tasks and projects are executed within the approved policies, procedures, and SLAs of the department.
• Incorporate and comply with the bank's core values, especially the customer first, in your day-to-day activities.
• All the above accountabilities include but are not limited to any additional or new tasks or responsibilities assigned by the line manager.

Competencies/skills

Education

Minimum bachelor's degree in finance or accounting. "Certified Fraud Examiner" certification will be an advantage.

Work experience

Minimum of 2-3 years of relevant experience or knowledge.

Apply Now