Job Description

Roles & Responsibilities

• Fraud Rules Management - Clari5 & HPS
  • Author, configure and maintain real-time fraud detection rules, scenarios and models on Clari5 and HPS PowerCARD / HPS Secure.
  • Manage end-to-end rule change lifecycle: requirement gathering, development, UAT in simulation environment, deployment and post-implementation review.
  • Manage authorization controls, velocity checks, card controls, 3D Secure rules, and cross-channel rules for Cards, Digital Banking, Mobile, Remittances, MFK, Core banking finance system, Digital Channels and ATM/POS.
  • Ensure proper documentation, version control and audit trail for all rule changes.
• Rules Performance Review & Gap Analysis
  • Conduct periodic rule efficacy reviews: hit rate, alert-to-fraud ratio, false positive rate, fraud detection rate, savings and loss avoidance.
  • Implement Champion / Challenger testing and rule tuning to reduce false positives without compromising detection.
  • Perform gap analysis against emerging fraud typologies: Digital frauds, APP scams, Social Engineering, Phishing, Account Takeover, CNP, Card Skimming, First-Party Fraud, Internal Frauds and Consumer application fraud
  • Benchmark bank's fraud controls against industry, CBUAE circulars and peer intelligence. Recommend new scenarios.
• MIS, Analytics & Insights
  • Daily, weekly, monthly Fraud MIS: fraud losses, attempts prevented, channel-wise fraud trends, rule performance dashboard.
  • Build executive dashboards for senior management, Risk Committee and Board.
  • Lead root cause analysis and link analysis on high-value / high-impact fraud cases.
  • Work with Data Science to develop and validate statistical models and ML alerts within Clari5.
• Regulatory & Central Bank Reporting
  • Maintain the Fraud Incidents Register as per CBUAE Rulebook requirements to record date, description and details of fraud incidents and make it available for CBUAE Examiners.
  • Manage all CBUAE fraud reporting: Fraud Incident reporting, Consumer Protection Regulation reporting, Security Incident reporting to CBUAE.
  • Ensure timely, accurate and compliant reporting to CBUAE, UAE FIU and internal governance forums.
  • Liaise with Compliance, Legal and Operations during regulatory inspections and audits.
• Leadership & Governance
  • Lead and mentor a team of Fraud Analysts and MIS Analysts.
  • Ensure adherence to internal Risk Appetite, Fraud Risk Policy and Model Risk Governance.

Job Description

Roles & Responsibilities

• Fraud Rules Management - Clari5 & HPS
  • Author, configure and maintain real-time fraud detection rules, scenarios and models on Clari5 and HPS PowerCARD / HPS Secure.
  • Manage end-to-end rule change lifecycle: requirement gathering, development, UAT in simulation environment, deployment and post-implementation review.
  • Manage authorization controls, velocity checks, card controls, 3D Secure rules, and cross-channel rules for Cards, Digital Banking, Mobile, Remittances, MFK, Core banking finance system, Digital Channels and ATM/POS.
  • Ensure proper documentation, version control and audit trail for all rule changes.
• Rules Performance Review & Gap Analysis
  • Conduct periodic rule efficacy reviews: hit rate, alert-to-fraud ratio, false positive rate, fraud detection rate, savings and loss avoidance.
  • Implement Champion / Challenger testing and rule tuning to reduce false positives without compromising detection.
  • Perform gap analysis against emerging fraud typologies: Digital frauds, APP scams, Social Engineering, Phishing, Account Takeover, CNP, Card Skimming, First-Party Fraud, Internal Frauds and Consumer application fraud
  • Benchmark bank's fraud controls against industry, CBUAE circulars and peer intelligence. Recommend new scenarios.
• MIS, Analytics & Insights
  • Daily, weekly, monthly Fraud MIS: fraud losses, attempts prevented, channel-wise fraud trends, rule performance dashboard.
  • Build executive dashboards for senior management, Risk Committee and Board.
  • Lead root cause analysis and link analysis on high-value / high-impact fraud cases.
  • Work with Data Science to develop and validate statistical models and ML alerts within Clari5.
• Regulatory & Central Bank Reporting
  • Maintain the Fraud Incidents Register as per CBUAE Rulebook requirements to record date, description and details of fraud incidents and make it available for CBUAE Examiners.
  • Manage all CBUAE fraud reporting: Fraud Incident reporting, Consumer Protection Regulation reporting, Security Incident reporting to CBUAE.
  • Ensure timely, accurate and compliant reporting to CBUAE, UAE FIU and internal governance forums.
  • Liaise with Compliance, Legal and Operations during regulatory inspections and audits.
• Leadership & Governance
  • Lead and mentor a team of Fraud Analysts and MIS Analysts.
  • Ensure adherence to internal Risk Appetite, Fraud Risk Policy and Model Risk Governance.