Fraud Risk Monitoring Lead

Talents Tide; Abu Dhabi; On-site; AED 150,000 - 180,000; Full time

Job summary

A financial institution is seeking a fraud risk management specialist to support their fraud prevention initiatives. The successful candidate will ensure effective monitoring of fraud risks, coordinate investigations, and enhance fraud detection systems. Candidates should possess at least 8 years of banking experience and a bachelor's degree in finance or IT. Strong analytical skills and expertise in banking systems are essential for this role, which offers a dynamic environment to make impactful decisions.

Qualifications

• Minimum 8 years of banking experience.
• Exposure to fraud risk management, decision engines, or system implementation.
• Strong knowledge of banking products, operations, and regulatory requirements.

Responsibilities

• Ensure effective fraud risk monitoring and prevention across the bank.
• Review and respond to fraud cases promptly, including initial assessment and loss prevention actions.
• Coordinate with Legal, Audit, and other internal stakeholders on fraud investigations.
• Analyze emerging fraud trends and recommend appropriate preventive controls.
• Conduct fraud awareness programs.
• Oversee daily EFRM system operations and alert monitoring.

Skills

Analytical and problem-solving skills

Strong decision-making and ownership mindset

Effective communication and stakeholder engagement

Team collaboration and knowledge sharing

Education

Bachelors degree in Finance, Information Technology, or a related field

Relevant professional certifications are an advantage

Tools

Advanced Excel skills

SQL and data analysis

Banking systems and fraud risk tools

Job description

A financial institution is seeking a fraud risk management specialist to support their fraud prevention initiatives. The successful candidate will ensure effective monitoring of fraud risks, coordinate investigations, and enhance fraud detection systems. Candidates should possess at least 8 years of banking experience and a bachelor's degree in finance or IT. Strong analytical skills and expertise in banking systems are essential for this role, which offers a dynamic environment to make impactful decisions.