Job Description
Job Description
Senior Officer- Fraud Detection ()
Description
In line with enhancing career progression of staff and to support business growth, we seek to recruit a qualified, experienced, self-driven, highly motivated and passionate candidate to fill the following position in Risk & Compliance Department
• Transactions monitoring, on a 24 hour and 7 days a week monitoring schedule, to identify suspicious transactions based on preset parameters or other appropriate criteria within set timelines.
• Conduct preliminary validation checks for suspicious transactions within set timelines, lien targeted accounts and block destination accounts/mobile wallets in order to minimize loss to the customer.
• Validation of banks exceptional reports within set timelines.
• Handling of suspicious transactions sent from partners within set timelines.
• Ensure 100% compliance to the Bank’s policies and procedures, CBK prudential guidelines and local statutes.
• Conduct fraud awareness training to Bank staff and other stakeholders.
• Conduct fraud risk assessments on new/existing Bank systems, products and services.
• Propose, discuss with stakeholders and agree recommendations to improve control weaknesses identified during fraud monitoring and regularly follow up for their implementation.
• Manage fraud detection tools and ensure they are used responsibly and only as and when required.
Qualifications
• A graduate with a Bachelor’s degree preferably in Criminology, Forensics, Engineering, IT, Accounting, Commerce or any business degree is a MUST.
• Professional certification in Fraud Examination, Auditing, Accounting, Risk management and Information systems audit is an added advantage.
• Have at least 3 years’ experience in an auditing, forensics or risk management environment or at least 5 years’ experience in Branch Operations
• Highly developed interpersonal and communication skills
• Knowledge of Bank risks and their mitigations
• Knowledge of CBK prudential guidelines
• Knowledge of AML and KYC policy guidelines