Fraud Analyst
Greenfix Property Care
Date: 20 hours ago
City: Dubai
Contract type: Full time
Job Responsibilities:
- The role involves performing fraud analysis of customer transactions by identifying, assessing, and mitigating fraud risks through effective controls, procedures, and training programs to lower risks pertaining to assigned areas.
- 24*7 monitor real-time and non-real-time transactions for potential fraud. Responsible for executing various aspects of transaction monitoring, fraud awareness, and related investigations.
- Utilize fraud detection systems to analyze data and identify unusual transaction patterns or behavior.
- Identify, assess, and document fraud risks across various channels, including Cards, IBMB, ATMs, IVR, digital wallets, and others.
- Proactively identify vulnerabilities in existing fraud detection measures and advise on enhancements.
- Conduct regular monitoring and analysis of patterns in fraud incidents, attempted fraud, and consumer complaints.
- Respond to fraud alerts and coordinate with relevant stakeholders for quick resolution.
- Conduct investigations of suspected or confirmed fraud cases and document findings. Generate reports for internal and external reporting’s.
- Co-ordinate with relevant departments, such as IAD Investigations team, Legal, business, InfoSec, Complaints dept, law enforcement agencies (LEA), member banks, regulatory authority, etc to conduct thorough investigations.
- Analyze evidence, gather information, and determine appropriate actions and remedial measures to address fraud incidents and record the incidents.
- Respond to LEA's and CBUAE inquiries and requests related to matters pertaining to transactional fraud. Liaise with the
- Maintain detailed logs of fraud incidents, including the type of fraud, actions taken, and outcomes.
- Prepare reports for senior management and regulatory bodies, such as the Central Bank, summarizing trends and incidents.
- Facilitate the filing of annual reports to regulatory authorities, including preventive measures taken.
- Work closely with the Information Security, Risk Assurance, and Complaints departments to address fraud-related issues.
- Coordinate with external parties such as law enforcement, third-party vendors, and regulatory bodies as necessary.
- Bachelor’s degree/Diploma in Business, Finance, Computer Science, MIS, Accounting, Information Security, or a related field.
- Certification in fraud prevention (e.g., Certified Fraud Examiner - CFE) is an added advantage.
- Minimum of 2 years of experience in fraud detection, investigation, or risk management within the banking sector.
- Experience working with fraud detection systems and tools, within a real-time 24x7 environment.
- Proven track record of handling fraud cases and coordinating with law enforcement and regulatory bodies.
- Strong knowledge of financial products, digital payments, and e-commerce fraud risks.
- Strong analytical and problem-solving skills with attention to detail.
- Ability to work in a fast-paced, high-pressure environment with a focus on delivering results.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Receptionist
9E Global,
Dubai
9 hours ago
CompetenciesQualificationsSecretarial FunctionQHSE ResponsibilitiesCompetenciesTeam WorkingPersuading & InfluencingBuilding RelationshipsDelivering ResultsDeveloping Self & OthersImproving PerformanceQualificationsGraduate with secretarial skills.Secretarial FunctionCarry out roles and responsibilities in accordance with company procedures and to help create an easier working environmentGeneral administrative tasks to be carried as instructed by HR.Distributing internal correspondence.General office clean up and tidy, restocking of envelopes and stationary once a week.Preparing office tea &...
NETWORK ADMIN
KILONEWTONS,
Dubai
22 hours ago
Job Title: NETWORK ADMINCompany: KILONEWTONS Location: DUBAI, UAE Website: www.kilonewtons.com Experience: 5+ Years Job OverviewKILONEWTONS is seeking a highly skilled NETWORK ADMIN to join our dynamic IT team in DUBAI, UAE. The ideal candidate will have 5+ years of experience in network administration, strong problem-solving skills, and expertise in managing enterprise-level network infrastructure. Key Responsibilities Design, implement, and maintain LAN/WAN...
Components Repair Engineer
Burjline Builders,
Dubai
1 day ago
Job description:Job PurposeTo plan and organize End to End processes of unserviceable components from receipt, inception, and dispositions and to deliver timely and cost-efficient components support to aircraft operations. Ensures effective administration of components life cycle cost through technical due diligence, shop periodic reviews, identifying opportunities for component repair cost reduction. Conducts supplier performance reviews to ensure effective communication and...
