Assistant Manager, Fraud Detection (UAE National) at CBD

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

16 Mar, 26

Salary

0.0

Posted On

16 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud Analysis, Fraud Prevention, Digital Banking, Credit Card Fraud, Payments Fraud, Merchant Knowledge, Cross-Functional Collaboration, Transaction Monitoring, Root Cause Analysis, Fraud Detection Rules, Emerging Threats, Reporting, Strategic Initiatives, Containment Plans, Corrective Measures

Industry

Banking

Description

Job Purpose: Work in Fraud Risk Management team and assist in achieving the overall objective of improved visibility and effective fraud prevention for all Banking channels, with initial focus on Cards and Online channels Principal Accountabilities: Work Management Responsible for identifying, analyzing, and developing containment and remediation plans for fraud incidents impacting CBD Regular monitoring of emerging threats to gain insight into the evolving threat landscape affecting Banking channels Ensure 100% of cases created in Intuition system is actioned the same day Perform the analysis of confirmed fraud cases to identifying root cause and develop corrective measures Work with cross-functional teams across CBD for collaboration on fraud risks and investigations Undertake monitoring of transaction originating from digital channels to identify any suspicious patterns that may result in a fraud and take corrective action to proactively prevent fraud Provide periodic feedback to Head of Fraud Risk Management to enhance fraud detection rules to improve detection rates Identify new and emerging patterns of fraud and make recommendations for new controls and improved monitoring Provide the required support and assistance to fraud investigator to complete investigations in a timely manner Prepare monthly reports covering key metrics on the fraud monitoring activities for management reporting Actively participate and contribute to the success of key strategic initiatives underway by the fraud risk management unit Requirements Education and Experience: 5 to 7 years’ experience as a fraud analyst in payments, digital channels or credit cards within banking industry Advanced knowledge of merchant, credit card and digital banking products Knowledge of issuing and acquiring card fraud, online banking and payments fraud prevention tactic Systems: Falcon, Vision+, Threatmetrix, Splunk

Responsibilities

The Assistant Manager will identify, analyze, and develop plans for fraud incidents while monitoring emerging threats in banking channels. They will also collaborate with cross-functional teams and provide feedback to enhance fraud detection.