fraud prevention specialist

Bank Nizwa

<div>
 
 
 Vacancy Description:
 
 
 
 
 
 
 
 Job Purpose
 
 
 
 
 
 
 To monitor, prevent, detect, and in internal and external fraud incidents across all banking channels and to take corrective action.
 
 
 Job involves analyzing real-time and post transaction data to identify fraud patterns across cards, bank accounts, digital channels, coordinating with stakeholders to mitigate fraud risk and regulatory reporting.
 
 
 
 
 
 
 Responsibilities:
 
 
 <ul>
 <li>
 Monitor system generated alerts, take preventive measures to safeguard customers&rsquo; and bank&rsquo;s interest
 </li>
 <li>
 Detect unusual transactions and events, confirm genuineness with customers and take appropriate action
 </li>
 <li>
 Conduct detailed transaction analysis and prepare investigation reports
 </li>
 <li>
 Assist in filing reports, STR, SAR with CBO, ROP, Card schemes and senior management
 </li>
 <li>
 Support developing and testing of fraud scenarios and conduct UAT
 </li>
 <li>
 Review and closure of incidents with a logical conclusion
 </li>
 <li>
 Maintain comprehensive fraud trackers
 </li>
 <li>
 Work closely with stakeholders to initiate recovery on losses identified or reported to the bank
 </li>
 <li>
 Handle transaction verification requests received from peer banks and respond on a timely manner
 </li>
 <li>
 Assist customers with dispute process and educate them on how to safeguard their sensitive banking credentials
 </li>
 <li>
 Monitor suspicious merchant activities and investigate
 </li>
 <li>
 Handle card schemes alert on potential data leakage, BIN attacks
 </li>
 <li>
 Handle ROP, CBO, FIU and peer banks&rsquo; queries related to fraud
 </li>
 <li>
 Assist the Manager in investigations
 </li>
 <li>
 Ability to operate in shifts and holidays
 </li>
 </ul>
 
 
 
 
 
 Education Level
 
 
 <ul>
 <li>
 Essential: Bachelor's degree in Finance, Business, Accounting or a similar one
 </li>
 <li>
 Preferred: Certificate in Financial Crimes / Banking Fraud
 </li>
 </ul>
 <li>
 </li>
 
 
 Professional Qualification (Preferred):
 
 
 <ul>
 <li>
 Certified Fraud Examiner (CFE)
 </li>
 <li>
 Certified Anti Money laundering Specialist
 </li>
 </ul>
 <li>
 </li>
 
 
 Work Experience
 
 
 <ul>
 <li>
 Minimum 3 years in fraud prevention and detection role
 </li>
 </ul>
 
 
 
 
 
 Knowledge &amp; Skills:
 
 
 <ul>
 <li>
 Analytical &amp; Investigation skills
 </li>
 <li>
 Interpersonal skills
 </li>
 <li>
 knowledge in MS. Excel, Word, and Outlook
 </li>
 <li>
 Excellent communication skills both Oral and written in English and Arabic
 </li>
 <li>
 Fraud prevention &amp; detection tools
 </li>
 <li>
 Good knowledge in card scheme &amp; prevention tools
 </li>
 </ul>
 
 
</div>

Supervisor - Fraud Analyst

CoinTR

<div>
 
 
 Key Responsibilities:
 
 
 <ul>
 <li>
 Develop and implement fraud prevention policies, procedures, and monitoring frameworks.
 </li>
 <li>
 Monitor and analyze user transactions, accounts, and activities to detect suspicious behavior.
 </li>
 <li>
 Utilize advanced fraud detection tools and AI-driven solutions to identify and mitigate risks.
 </li>
 <li>
 Investigate fraudulent transactions, liaise with internal teams, and take appropriate action.
 </li>
 <li>
 Collaborate with Compliance, Legal, and Security teams to ensure adherence to AML and KYC regulations.
 </li>
 <li>
 Maintain and improve fraud detection models, incorporating new fraud trends and tactics.
 </li>
 <li>
 Conduct fraud risk assessments and recommend enhancements to the existing fraud prevention framework.
 </li>
 <li>
 Work with customer support teams to educate users on fraud risks and best security practices.
 </li>
 <li>
 Maintain documentation of fraud cases, investigations, and resolutions.
 </li>
 <li>
 Prepare fraud-related reports and present key insights to senior management.
 </li>
 </ul>
 
 
 
 
 
 Qualifications &amp; Requirements:
 
 
 <ul>
 <li>
 Bachelor's degree in Finance, Business, Law, or a related field; relevant certifications (CFE, CAMS) are a plus.
 </li>
 <li>
 2+ years of experience in fraud prevention, risk management, or compliance in financial services or cryptocurrency sectors.
 </li>
 <li>
 Strong knowledge of cryptocurrency trading, blockchain technology, and emerging fraud risks.
 </li>
 <li>
 Hands-on experience with fraud detection tools, data analytics, and machine learning models.
 </li>
 <li>
 Understanding of global AML/KYC regulations and their implications for crypto exchanges.
 </li>
 <li>
 Strong analytical and investigative skills with attention to detail.
 </li>
 <li>
 Excellent communication and collaboration abilities.
 </li>
 <li>
 Ability to work in a fast-paced and evolving regulatory environment.
 </li>
 </ul>
 
 
 
 
 
 Why Join CoinTR?
 
 
 <ul>
 <li>
 Be part of an innovative and rapidly growing cryptocurrency exchange.
 </li>
 <li>
 Work in a dynamic, fast-paced environment with industry experts.
 </li>
 <li>
 Competitive salary and benefits package.
 </li>
 <li>
 Opportunity to develop and lead fraud prevention strategies in the crypto space.
 </li>
 <li>
 Flexible and remote-friendly work environment.
 </li>
 </ul>
</div>

Fraud Specialist

United Arab Bank

<div>
 
 
 Job Purpose:
 
 
 
 
 
 <ul>
 <li>
 Implement fraud prevention strategies and policies.
 </li>
 <li>
 Adequate fraud monitoring to prevent and mitigate incidence of both Internal &amp; External Frauds, with a view to enhance controls.
 </li>
 <li>
 Developing an anti-fraud culture by conducting fraud awareness programs.
 </li>
 <li>
 Assist in investigations relating to incidences of actual, attempted or suspected fraud, and all instances of major control breaches.
 </li>
 <li>
 Prevent, deter, detect and investigate acts of fraud committed against the bank or its customers including internal fraud.
 </li>
 </ul>
 
 
 
 
 
 Principal Accountabilities
 
 :
 
 
 
 
 <ul>
 <li>
 Analyze and monitor applications/ transactions for signs of fraudulent activity and conduct analysis on suspicious transactions and activities.
 </li>
 <li>
 Prepare detailed reports on fraud incidents and findings, alongside staying updated with the latest trends and techniques in fraud prevention.
 </li>
 <li>
 Review and recommend enhancements to the existing controls to prevent/ detect fraud.
 </li>
 <li>
 Utilize data analytics and software tools to identify potential threats.
 </li>
 <li>
 Impart training to the bank staff employees on fraud detection and prevention techniques.
 </li>
 <li>
 Proactively assists in the oversight of a Fraud Risk Management Program using data extraction, data analytics and management reporting.
 </li>
 <li>
 Detect and prevent fraudulent activity based on reports, alerts, or notifications from third parties requesting assistance. Maintain detailed records of fraud cases and investigations through a tracker which is updated periodically.
 </li>
 <li>
 Ensure confidentiality of all information collected during the fraud risk management unit (FRMU) analysis.
 </li>
 <li>
 Ensure Special Assets Management (SAM), Legal, law enforcement officials and Insurance companies are provided with required information from time-to-time to facilitate faster resolution/recovery of the case.
 </li>
 <li>
 Conduct analysis on the routine checks for the external and internal referrals and monitor the implementation of recommendations.
 </li>
 <li>
 Conduct sample review of customer applications from sourcing to disbursement for all products.
 </li>
 <li>
 Implement and automate current fraud prevention processes.
 </li>
 </ul>
 
 
 
 
 
 Job Requirements (Qualification/Experience)
 
 :
 
 
 
 
 <ul>
 <li>
 Bachelor's degree from a recognized institution
 </li>
 <li>
 Professional certifications (e.g., CFE, CISA, CISM) are an advantage
 </li>
 <li>
 10+ years of banking experience in Fraud Risk Management
 </li>
 <li>
 Understanding concepts of fraud prevention/ detection as part of risk management in banks
 </li>
 <li>
 This vacancy will be on a second party contract
 </li>
 </ul>
 
 
</div>

Senior Officer, Fraud Prevention - Risk Department

SALLA

<div>As a Fraud Analyst at Salla, you will play a critical role in safeguarding our platform against fraudulent activities. You will utilize your analytical skills to monitor transactions, analyze patterns, and investigate potential fraud cases. Your insights will be essential in enhancing our fraud detection strategies and ensuring customer trust.
Key Responsibilities:<ul><li><ul>
<li>
Monitor and analyze transactions for signs of fraudulent activity.
</li><li>Conduct thorough investigations into suspicious transactions and alert relevant departments as necessary.
</li><li>Collaborate with various teams to develop resources and tools to mitigate fraud risks.
</li><li>Stay informed about the latest trends in fraud detection and prevention.
</li><li>Prepare detailed reports on findings, trends, and recommendations for improvement.
</li><li>Educate staff and clients on best practices for preventing fraud.
</li><li>Assist in the design and implementation of fraud prevention policies.
</li><li>Work with law enforcement and regulatory bodies when necessary.
</li><li>Exceptional attention to detail and problem-solving abilities.
</li><li>High level of integrity and ability to handle sensitive information.
</li></ul></li></ul>Requirements<ul>
<li><ul><li>
Bachelor's degree in a relevant field.</li></ul></li>
<li><ul><li>At least 2 years of experience in fraud analysis or a related field.
</li><li>Strong analytical and critical thinking skills.
</li><li>Experience with fraud detection software and analytical tools.
</li><li>Experience of financial regulations and compliance.
</li><li>Excellent written and verbal communication skills.
</li><li>Ability to work in a fast-paced environment and manage multiple tasks.
</li><li>Relevant certifications (e.g., CFE, CFCA) are a plus.</li></ul></li></ul></div>

Fraud Analyst

First Abu Dhabi Bank

JOB PURPOSE:This role is responsible for investigation support to ensure all legal actions including filing of police case attending court hearings and liaison with public prosecutor is completed. This person would be responsible for all fraud related matters which require coordination with law enforcement and judicial authorities. This role supports vigilance activities by gathering Intel from external sources to conduct proactive fraud prevention activities.Core Responsibilities<ul><li>To file police cases after approval by designated FAB staff</li><li>To provide documentation to support banks case against internal/external perpetrators</li><li>To attend meeting with law enforcement authorities judicial authorities to update about the fraud incident and provide support as required to strengthen cases filed by FAB</li><li>Be the focal point of contact from Fraud Risk & Investigation for interactions with police</li><li>Be the coordinator between legal and FRI to ensure where required legal teams assistance is sought</li><li>To engage legal team if theres requirement for hiring of external lawyers for fraud case</li><li>To handover any fraud related civil cases to the legal team in the bank</li><li>To work in conjunction with the investigation team in verifying details with relevant govt departments including Immigration police courts etc.</li><li>To gather information to support vigilance activities at the bank and to conduct proactive fraud prevention work</li><li>This role supports both fraud investigations and fraud prevention/detection/vigilance heads by being the bridge between external entities and FAB</li></ul>Specific Accountabilities<ul><li>To ensure perpetrators of fraud are brought to justice by following legal and regulatory framework</li></ul> Qualifications :Threshold Qualifications:<ul><li>Graduate</li><li>Certified Fraud Examiner Information security AML related certification</li></ul>Years & Nature of Experience:<ul><li>Minimum of 5 years of experience in working with law enforcement judicial or investigator role</li><li>UAE nationals only with good command over Arabic working knowledge of spoken/written English is required</li></ul>Value-based Behaviors:Trusted Knowledgeable Collaborative EnterprisingTechnical Competencies:<ul><li>Knowledge of banking products channels and fraud schemes including those related to Corporate Banking Treasury IT and Operations and Personal banking group as well as fraud schemes on digital channels</li><li>Knowledge of investigation processes evidence handling etc</li><li>Excellent Oral and written Communication skills in Arabic</li></ul> Remote Work :No Employment Type :Full-time<img src="https://www.jobg8.com/Tracking.aspx?Lpr6zL7TZRHkxg4q6ah%2b2KcJKmNzrYcmy" width="0" height="0" />

AVP- Fraud Investigations - External Liaison (Emiratization)

Salla

<div>
 As a Fraud Analyst at Salla, you will play a critical role in safeguarding our platform against fraudulent activities. You will utilize your analytical skills to monitor transactions, analyze patterns, and investigate potential fraud cases. Your insights will be essential in enhancing our fraud detection strategies and ensuring customer trust.
 
 
 
 Key Responsibilities:
 
 
 
 <ul>
 <li>
 Monitor and analyze transactions for signs of fraudulent activity.
 </li>
 <li>
 Conduct thorough investigations into suspicious transactions and alert relevant departments as necessary.
 </li>
 <li>
 Collaborate with various teams to develop resources and tools to mitigate fraud risks.
 </li>
 <li>
 Stay informed about the latest trends in fraud detection and prevention.
 </li>
 <li>
 Prepare detailed reports on findings, trends, and recommendations for improvement.
 </li>
 <li>
 Educate staff and clients on best practices for preventing fraud.
 </li>
 <li>
 Assist in the design and implementation of fraud prevention policies.
 </li>
 <li>
 Work with law enforcement and regulatory bodies when necessary.
 </li>
 <li>
 Exceptional attention to detail and problem-solving abilities.
 </li>
 <li>
 High level of integrity and ability to handle sensitive information.
 
 
 </li>
 </ul>
 
 Requirements
 
 
 
 <ul>
 <li>
 Bachelor's degree in a relevant field
 </li>
 <li>
 At least 2 years of experience in fraud analysis or a related field.
 </li>
 <li>
 Strong analytical and critical thinking skills.
 </li>
 <li>
 Experience with fraud detection software and analytical tools.
 </li>
 <li>
 Experience of financial regulations and compliance.
 </li>
 <li>
 Excellent written and verbal communication skills.
 </li>
 <li>
 Ability to work in a fast-paced environment and manage multiple tasks.
 </li>
 <li>
 Relevant certifications (e.g., CFE, CFCA) are a plus.
 </li>
 </ul>
</div>

<div>
 
 
 Job Purpose
 
 :
 
 
 
 
 <ul>
 <li>
 Responsible to implement fraud prevention methodologies based on the bank&rsquo;s strategy.
 </li>
 <li>
 Prevent, detect frauds &amp; review referrals mitigating controls accordingly.
 </li>
 <li>
 Respond to suspicion, conduct detailed analysis on the attempted or suspicious fraud cases referred to Fraud Risk Management Unit &amp; provide a report containing the findings, conclusion and recommendations to the management for recommended actions.
 </li>
 <li>
 Imparting trainings to all staff and partners about fraud typologies along with recommended controls/ mitigations.
 </li>
 <li>
 Timely preparation of fraud awareness messages to staff and customers on a periodic basis.
 </li>
 <li>
 Review and filing of Suspicious Activity Report (SAR) &amp; Suspicious Transaction Report (STR) pertaining to fraud related matters.
 </li>
 <li>
 Documenting the review and decision for filing the STR/ SARs.
 </li>
 <li>
 Conduct FRMU analysis related to any fraud referrals or incidents as assigned.
 </li>
 <li>
 Automation of the FPU tasks where applicable including prevention and detection strategies.
 </li>
 <li>
 Display UAB Values of Integrity, Customer Focus, Competence, Consistency and Courteousness.
 </li>
 </ul>
 
 
 
 
 
 Principal Accountabilities
 
 :
 
 
 
 
 <ul>
 <li>
 Monitor and identify high-risk applications within the business portfolio.
 </li>
 <li>
 Observe customer card transactions to identify fraudulent activity such as document Fraud, identity theft and similar other risks.
 </li>
 <li>
 Resolve queued transactions within the service level agreements to reduce potential revenue losses and affecting customer experience.
 </li>
 <li>
 Interact with employees and customers to validate information &amp; to match the statements with the information mentioned in the product application form.
 </li>
 <li>
 Resolve internal customer issues within the scope of existing service level agreements.
 </li>
 <li>
 Ensure confidentiality of all information collected during the fraud risk management unit (FRMU) analysis.
 </li>
 <li>
 Identify system improvements to prevent fraudulent activities.
 </li>
 <li>
 Recommend anti-fraud processes for changing transaction patterns and trends.
 </li>
 <li>
 Recommend new tools used for fraud prevention, detection and reporting activities.
 </li>
 <li>
 Handling &amp; Reviewing Referral cases as well as conducting sampling review to identify Fraud Risks (Identity theft, suspected set- up company, document forgery etc.)
 </li>
 <li>
 Fraud Forum Activity &ndash; Communicating with the peer banks upon receiving alerts from the peer bank on the particular individual/company &amp; taking necessary actions in case of negative feedback received to mitigate the potential loss of the bank and recording the same via a tracker.
 </li>
 <li>
 Evaluate the effectiveness of current tools, identify capability gaps, and recommend investments in advanced technologies to enhance fraud detection, prevention, and response.
 </li>
 <li>
 Promote a strong culture of fraud awareness and provide expert guidance to business units and stakeholders on fraud risk and prevention.
 </li>
 <li>
 Updating the blacklist database in the bank&rsquo;s system/ application on a timely basis &amp; disseminating the information to the key stakeholders in a timely manner
 </li>
 <li>
 Establish a clear SLA with the Fraud Investigation, for proper documentation and reporting timelines to minimize customer experience impact.
 </li>
 <li>
 Develop fraud prevention policies and procedures to comply with regulatory requirements.
 </li>
 <li>
 Assisting FRMU in conducting Fraud Risk Assessments.
 </li>
 <li>
 Ensuring that the fraud risk losses are within the overall Risk Appetite of the bank.
 </li>
 </ul>
 
 
 
 
 
 Job Requirements (Qualifications/Experience)
 
 :
 
 
 
 
 <ul>
 <li>
 Bachelor/ Master&rsquo;s Degree from a recognised institution
 </li>
 <li>
 Professional certifications (e.g., CFE, ACAMS, CISA, CISM)
 </li>
 <li>
 10+ years of banking experience in Fraud Risk Management
 </li>
 <li>
 Understanding concepts of fraud prevention/ detection as part of risk management in banks
 </li>
 </ul>
 
 
</div>

Manager, Fraud Prevention - Risk Department

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