Fraud Detection Specialist

Commercial Bank of Dubai; India; On-site; INR 700,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits package

Opportunities for professional growth

Job summary

Commercial Bank of Dubai is seeking a fraud prevention specialist to identify and investigate fraudulent activities within banking operations. You will analyze transaction data, develop detection models, and collaborate with teams to implement effective fraud prevention measures.

Responsibilities include developing models, investigating suspicious activities, preparing reports, and staying abreast of new fraud trends.

Qualifications

• Bachelor's degree in Finance, Computer Science, or a related field.
• 2-4 years of experience in fraud detection or a related field.
• Strong analytical and problem-solving skills.
• Proficiency in data analysis tools and techniques.
• Excellent communication and interpersonal skills.

Responsibilities

• Develop and implement fraud detection models and strategies.
• Analyze transaction data to identify suspicious activities.
• Investigate suspected fraudulent activities and prepare reports.
• Collaborate with other teams to prevent and mitigate fraud.
• Stay up-to-date on the latest fraud trends and techniques.
• Maintain detailed records of all investigations and findings.

Skills

Analytical thinking

Problem solving

Communication

Interpersonal skills

Team collaboration

Education

Bachelor's degree in Finance, Computer Science, or related field

Tools

Data analysis tools

Job description

What role you will play in team:

You will be a key member of our fraud prevention team, responsible for identifying and investigating fraudulent activities within the bank's operations.

What you will do:

Analyze transaction data, develop fraud detection models, and collaborate with other teams to implement effective fraud prevention measures.

Key responsibility:

• Develop and implement fraud detection models and strategies.
• Analyze transaction data to identify suspicious activities.
• Investigate suspected fraudulent activities and prepare reports.
• Collaborate with other teams to prevent and mitigate fraud.
• Stay up-to-date on the latest fraud trends and techniques.
• Maintain detailed records of all investigations and findings.

Required Qualification and Skills:

• Bachelor's degree in Finance, Computer Science, or a related field.
• 2-4 years of experience in fraud detection or a related field.
• Strong analytical and problem-solving skills.
• Proficiency in data analysis tools and techniques.
• Excellent communication and interpersonal skills.

Benefits Included:

• Competitive salary and a comprehensive benefits package.
• Opportunities for professional growth and development.
• A collaborative and supportive work environment.
• Excellent work-life balance.

A Day in the Life:

A typical day involves analyzing transaction data, investigating suspicious activities, developing fraud detection models, and collaborating with other teams to prevent fraud. .