Manager Fraud Risk | Commercial Bank of Dubai

Manager Fraud Risk | Commercial Bank of Dubai

Commercial Bank of Dubai is one of the leading banks in the UAE, offering innovative and bespoke personal banking and business banking services, through state-of-the-art digital channels including mobile and online banking and through an extensive branch and ATM network. Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

Manager Fraud Risk | Commercial Bank of Dubai | Apply Now

Principle Accountabilities

Lead the implementation of the fraud risk management program for retail, corporate, wholesale, and institutional banking products.
Responsible for managing all monitoring activities of the 24×7 card fraud monitoring unit, Issuing and Acquiring fraud, application, payments, and digital channels.
Ensure policies and procedures are updated on a periodic basis covering all products and in line with the regulatory requirements.
Assess fraud risks associated with launch of new products and major change initiatives across the bank, design controls and solutions to mitigate the identified risks.
Ensure the bank is compliant with the applicable regulation from Central Bank and Card Schemes.
Assist in developing and rolling out periodic staff and customer fraud awareness programs to prevent fraud.
Maximize the fraud detection rates by using various data sources and analytics to optimize fraud detection rules on an ongoing basis in the fraud monitoring tools.
Prepare monthly MIS, management reporting decks and track fraud trends.
Ensure CBUAE reporting is completed as per the reporting requirements.
Be the single point of contact to undertake UAT for fraud scenarios on various projects across the bank to roll out new products.
Conduct investigation related to fraud, conduct risk and whistle-blower cases assigned by the Head of Fraud Risk
Ensure fraud investigation reports are completed in a timely manner covering root cause analysis and propose mitigating controls.
Ensure fraud reporting to the regulators and card schemes are completed as per requirement including filing SAR/STR’s

Requirements:

Experience And Qualifications

8 + years of experience in Fraud Risk Management working for banks..
Strong experience in developing and implementing fraud prevention program.
Expertise in undertaking a wide range of fraud related investigations.
Experience dealing with law enforcement agencies and regulators.
Experience interacting with functional heads, internal control, audit, and senior management within the bank.
Working knowledge of Falcon, Fraud Navigator, Threat Metrix and Intuition system.
Bachelors degree in business accounting or legal.
Certified Fraud Examiner.

Skills

Strong verbal and written communication skills
Strategy development
Leadership skills
Strong partnering skills across functions
High emotional intelligence and interpersonal skills
Ability to acquire, build and inspire a high-performance team

Don’t miss out on this exciting opportunity – apply now at dubaiofferz.com