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.

JOB PURPOSE:

The Group Fraud Risk & Investigations function is part of the group’s Risk management function and provides second line Fraud Risk oversight for the firms’s front office and support / control functions.

The AVP – Fraud Analytics supports the Head of analytics to to execute the development, implementation and maintenance of a comprehensive analytics capability that supports fraud detection, prevention and investigations. The encumbent is required to evaluate business “problem statements”, identify the required data needed and sources thereof, conduct analysis and present findings translated into actionable intelligence. The encumbent is also required to participate in the evaluatuion of new digital/technological  products/channels/service offerings.

KEY ACCOUNTABILITIES:

Strategic Contribution

• Data Analysts use advanced data analysis techniques and machine learning models to identify fraud patterns, anomalies, and trends, enabling proactive fraud detection and prevention.

• Data Analysts provide data-driven insights and recommendations, empowering the fraud department to make informed decisions, adapt strategies, and continuously improve fraud prevention measures.

People Management

• Ensure the successful attainment of designated objectives by effectively overseeing the deployed analytics solution & initiatives. This includes setting individual goals, monitoring performance, and nurturing staff to optimize departmental performance.

• Exemplify and promote adherence to the organization's values and ethical standards among function employees, cultivating a culture of integrity and values within the bank.

Budgeting and Financial Planning

• Support Head of Group Fraud Risk Technology & Analytics in formulation and proposal of the budget related to fraud analytics capabilities and related initiatives withing the dept. and oversee financial performance against the budget, ensuring that all activities adhere to approved guidelines.

Policies, Systems, Processes & Procedures

• Oversee efficient execution of functional policies, procedures, and controls within the realm of transaction fraud. This encompasses all facets of unit operations, ensuring compliance with procedural and governance mandates while delivering a service of high quality and cost-effectiveness.

Continuous Improvement

• Engaging in ongoing research and development efforts to enhance fraud detection techniques, improve data analysis methodologies, and adapt to evolving fraud tactics.

Reporting

• Generating regular reports and dashboards that communicate fraud trends, key performance indicators, and actionable insights to stakeholders, aiding in informed decision-making.

Minimum Qualification

• Bachelor's or Master's degree in Data Science, Statistics, Computer Science, or a related field.

• Certified Fraud Examiner (CFE) is desirable

• Knowledge of python, SAS EG or VIYA is desirable

Experience & Competencies

• Minimum 3 years experience in a data analytics role preferably in the financial or e-commerce sector.

• Knowledge of fraud in the financial industry a significant advantage.

• Strong proficiency in data analysis and data manipulation using tools like Python, SAS EG, SQL.

• Knowledge of data visualization tools e.g PowerBI will be an added advantage.

• Hands-on experience with machine learning and statistical modeling techniques.

• Knowledge of fraud detection tools, platforms, and methodologies a significant advantage.

• Excellent problem-solving skills and attention to detail.

• Strong communication and teamwork skills.

• Ability to work in a fast-paced environment and adapt to evolving fraud tactics.

• A good understanding of digital banking products and risks is a significant advantage.

• Excellent communication and presentation skills.