Assistant Manager – Fraud Risk Monitoring

at  Dubai Islamic Bank

EDUCATION:

Bachelor’s Degree (Minimum) in Finance/Accounting. Any additional professional qualifications like Management/Chartered/Public Accountant preferred.
Certified Fraud Examiner (CFE) is preferred.
Any other certification in relevant fields is preferred.

WORK EXPERIENCE:

Minimum of 8 years of experience in Fraud Risk Management in banking covering major dimensions of fraud risk i.e. Prevention, Monitoring & Detection and Response.
Job ID JB1100012196

JOB PURPOSE:

The position is responsible for assisting in managing the activities related to Fraud Risk Monitoring and handling of related matters.

KEY RESPONSIBILITIES:

Assist Fraud risk monitoring manager in:
Ensure Effective Fraud Risk Management covering the three main elements of Fraud i.e. Prevention, Response and Detection/Monitoring, in order to prevent fraud losses for DIB/customers. Fraud Awareness including classroom trainings, E-learnings and onsite.
Engage with other departments to combat fraud and provide solutions to enhance fraud preventions, including Liaising with legal, audit and other departments, to support on fraud cases.
Analyze and suggest controls against the latest industry fraud trends/threats and identify requirements of tools and equipment to cop-up with latest industry fraud trends. Approve messages to be sent to other banks in response to other banks’ enquiries as well as to get additional information from other banks on fraud incidents.
Build relationship with fraud risk teams of other banks through participating in fraud forums events.
Supervise and manage daily activities/KPIs of the Fraud Risk Monitoring team.
Regulatory and management reporting of fraud incidents and response to regulator’s queries.
Incorporate and comply with the bank’s core values in day to-day activities.
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.