Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

The purpose of the Job is to conduct on boarding Fraud monitoring activities to promptly detect and respond to any potential suspicious or actual fraudulent on boarding of applicants.

Key Accountability:

• Monitoring of Fraud alerts and arrive at a conclusion as either False positive or confirmed fraud and accordingly close the alert
• Flexibility to work in shifts.
• Team player and should agree to work on weekends/holidays (compensatory off on other working days)
• Conduct the review and based on which involve the FRI team by lodging a case on Archer where Fraud is suspected.
• Monitor the Rule efficiency and make sure the rules are working fine and fine-tune the rules whenever required.
• Make sure the applications are monitored in a timely manner so that no Fraudulent on boarding can take place.
• To check and build the rules in a way which will help to minimize the false positive alerts.
• Maintain Accurate Criminal Database so that no onboarding takes place for any application that is listed in the negative database.
• FLOD Team to inform respective Business SPOC to put the new onboarding on hold/block if at all any Fraud is suspected.
• FLOD Team to block/unblock accounts depending on the availability of the source system and inform business spoc accordingly.

Job Context

• Daily review of alerts generated in OFS & taking action on those so that alerts are concluded within agreed TAT
• Obtaining monthly MI to run checks on Non-starters and delinquent/write off/skip customers to check the decision undertaken by system to identify learnings
• Co-ordination with different stakeholders (Business support/credit etc) to get additional details to conclude the alert
• Taking appropriate actions on alerts based on investigation.
• Review and suggestion for rule optimization to improve hit rate.
• Identifying new trends and scenarios to cover it through OFS.
• Review of MIS generated through OFS.
• Understanding of banking and various on boarding journeys in bank
• Experience in working on fraud monitoring systems
• Any case which indicates involvement of syndicate or staff involvement to be referred to FRI for investigation
• Sharing any learnings/trends etc with credit/CAD, business and FRI

• University Graduate.
• At least 5 years’ experience of Risk and fraud related activities.
• Understanding of business process of loan and liability products
• Good English communication skills. (Spoken & Written).
• Knowledge of Arabic will be an added advantage.
• Job may require to speak with regulatory authorities like police
• Good analytical skills.
• Good Telephone manners.
• Proficient in PC skills such word & excel.