Fraud Monitoring Specialist

Messilat; Saudi Arabia; On-site; SAR 30,000 - 70,000; Full time

Job summary

An established industry player is looking for a diligent Fraud Monitoring Specialist to enhance their fraud prevention efforts. In this critical role, you will analyze transactions, utilize advanced fraud detection tools, and collaborate with both internal and external stakeholders to identify and mitigate fraudulent activities. The ideal candidate will possess a strong background in fraud detection, hold a Group-IB certification, and have at least 2 years of relevant experience. Join a forward-thinking team committed to maintaining integrity and security in financial transactions.

Qualifications

• Minimum of 2 years of experience in fraud monitoring and prevention.
• Strong analytical skills and proficiency in fraud detection software.

Responsibilities

• Monitor transactions to detect and prevent fraudulent activities.
• Collaborate with stakeholders to conduct thorough investigations.

Skills

Analytical Skills

Fraud Detection Software

Problem-Solving Skills

Communication Skills

Education

Bachelor's degree in Finance

Group-IB Certification

Tools

Group IB Tools

Data Analysis Tools

Job description

We are seeking a diligent and analytical Fraud Monitoring Specialist to join our team. In this role, you will be responsible for monitoring and analyzing transactions to detect and prevent fraudulent activities. You will utilize Group IB tools and methodologies to identify suspicious patterns and collaborate with internal and external stakeholders to conduct thorough investigations. The ideal candidate will have a strong background in fraud prevention, a Group-IB certificate and a minimum of 2 years of experience.

Key Responsibilities:

• Monitor and analyze transactions to detect and prevent fraudulent activities.
• Utilize advanced fraud detection tools and techniques to identify suspicious patterns.
• Investigate and resolve incidents of potential fraud promptly and accurately.
• Collaborate with internal departments and external agencies to conduct thorough investigations.
• Maintain comprehensive documentation of all fraud-related cases and actions taken.
• Prepare detailed reports on fraud trends, patterns, and mitigation strategies.
• Provide training and guidance to staff on fraud prevention and detection methods.
• Stay up-to-date with the latest fraud trends, regulatory requirements, and industry best practices.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 2 years of experience in fraud monitoring, detection, and prevention in the banking sector
• Certified by Group-IB or equivalent certification in fraud prevention and detection.
• Strong analytical skills and attention to detail.
• Proficiency in using fraud detection software and tools.
• Excellent written and verbal communication skills.
• Ability to work independently and as part of a team.
• Strong problem-solving skills and the ability to make quick decisions under pressure.
• Knowledge of regulatory requirements and compliance standards related to fraud.

Preferred Qualifications:

• Familiarity with data analysis tools and techniques.
• Certification in fraud examination (CFE) or similar credentials.
• Residence in the KSA or the GCC region.

Interested candidates are invited to submit their resume and cover letter detailing their relevant experience and qualifications. Please apply via the LinkedIn job portal or send your application to [e-mail].