Fraud Application Analyst/ Senior Analyst

Key Responsibilities

• Receive applications from Credit Initiation related to Unsecured ADIB Products to be analyzed for mitigating fraud risk.
• Receive and review coded companies (non-payroll) data such as: name, type of activity, and commercial register in order to prevent fraud for company employees finance.
• Check samples of ADIB’s products Unsecured ADIB Products before booking process:
• Bank statements
• I-Score data over other banks
• Contact details to prevent duplicate numbers
• Contracts of “Compound Program” for LME request
• Undertake the following activities regrading transactions related to Auto agencies and cars:
• Coding Auto dealers through checking commercial registers and ID of owners.
• Coding cars on system after obtaining the required approval from Credit Policy to code new car brand.
• Support in coding Auto dealers and cars on system after obtaining the required approval.
• Check cars prices across agencies to prevent fraud cases between customer and agency.
• Cross-check referred car quotation with the sale price and financed value and report any inconsistencies or dealer irregularities through escalation channels.
• Check the personal RIMs of the small business finance customers to ensure that the financed amounts not been transferred from the supplier.
• Update negative list in case of discovering that company or customer is involved in any fraud case.
• Report any suspicious cases to Audit in order to take the required action.
• Analyze the “Non-Starter” customers’ behavior in coordination with Collections.
• Execute UAT testing and review the results to ensure correct implementation.
• Investigate to solve received complaints in cooperation with Consumer Rights Protection – Compliance & Governance – in accordance with the policies and procedures and identified SLA.
• And any other assigned Task.

Minimum Qualifications

• Bachelor degree

Minimum Years of Experience:

• Analyst: 1-3 years of relevant experience in Retail Risk
• Senior Analyst: 3-5 years of relevant experience in Retail Risk.

Job-Specific Knowledge & Skills:

• Preferred previous internship experience/ university activities.
• Very good command of MS Word & MS Excel.

Personal Skills

• Self-motivation.
• Communication.
• Presentable.