Fraud Risk Analyst

Tanqeeb; Abu Dhabi; On-site; AED 90,000 - 160,000; Full time

Job summary

Tanqeeb is seeking a specialist to proactively identify and investigate suspicious transactions, develop robust fraud detection rules, and conduct root cause analysis to mitigate risks. The role requires collaboration with product, engineering and operations to embed fraud prevention in processes.

The candidate should have 3+ years in verification, risk control, and risk prevention, with strong analytical and regulatory knowledge. Experience with retail banking knowledge is a plus.

Qualifications

• Experience in verification, risk control and risk prevention.
• Knowledge of fraud investigation and prevention methods.
• Understanding regulatory requirements in financial services.

Responsibilities

• Proactively identify suspicious transaction patterns and anomalies.
• Develop and implement fraud detection rules and models.
• Conduct root cause analysis of fraudulent activities and provide recommendations.
• Collaborate with product, engineering, and operations to integrate fraud prevention.

Skills

Fraud investigation

Fraud risk awareness

Retail banking knowledge

Market fraud trends

Operational risk practices

Senior Management collaboration

Problem solving

Analytical skills

Microsoft Office

Tools

Microsoft Office Suite

Job description

Desired Candidate Profile

• Proactively identify and investigate suspicious transaction patterns and anomalies using advanced analytical tools to prevent financial losses.
• Develop and implement robust fraud detection rules and models, continuously refining them based on emerging fraud trends and data insights.
• Conduct in-depth root cause analysis of fraudulent activities, providing actionable recommendations to mitigate future risks.
• Collaborate cross-functionally with product, engineering, and operations teams to integrate fraud prevention measures seamlessly into business processes.

Specialist Skills / Technical Knowledge, Technical Competencies Required for this role:

1. Fraud investigation and analysis skills.
2. Fraud risk control awareness and competency.
3. Knowledge of retail banking products and channels.
4. Expertise and knowledge on market fraud trends.
5. Working knowledge of leading operational risk practices and regulatory requirements.
6. Demonstrated ability to collaborate with Senior Management-level professionals.
7. Strong problem solving, analytical (including qualitative analysis), research, and quantitative skills
8. Computer skills (e.g. Microsoft Office Suite)

Previous experience:

3 or more years of experience in verification, risk control and risk prevention function.

Skills

fraud investigation

risk control

regulatory compliance