Fraud Analyst (Authorization Fraud Control Unit)

We are seeking for a Fraud Analyst (Authorization Fraud Control Unit) who will be responsible for the performance of all Authorization and Fraud related functions within the Authorizations and Fraud Control Unit(Acquiring), whilst ensuring that all these activities are carried out with maximum efficiency, security and control in accordance with established procedures and agreed service standards, thereby safeguarding the financial interests of Cards Business.

What You Will Be Doing

• To conduct detailed analysis to identify any potential fraudulent document to prevent fraud risks.
• Examine financial transactions and Company Profiles case by case (applications, statements, balance sheets, other documents etc.)
• Perform site visits to employers to weed out potential fraud.
• Analyse related accounts to identify potential fraudulent operations, understanding the various systems and the corresponding information available, to ensure the appropriate evidence is obtained and documented.
• Analyse fraudulent account behavior/transactions to determine root causes
• Recommend suitable actions on the cases analyzed to prevent future fraud risks along with evidence.
• Strict adherence to Turn-Around-Time on cases handled - Routinely monitor account for compliance and adherence to credit policy and guidelines
• Conduct Tele calling to HR/Admin/Accounts divisions of companies
• Maintain and manage the product trackers maintained by the unit.
• Support management decisions on other financial issues through analysis and creation of models showing possible financial impact in related scenarios.
• Plans and conducts in-depth analyses on a variety of comprehensive risk management issues and prepare result summaries and recommendations to reduce fraud exposure and losses, while maintaining cost effective and high level of service.
• Should keep their knowledge up to date on fraud landscape & latest fraud detections techniques - Required to follow the guiding principles and policies of the organization on Fraud management

What We Are Looking For

• University Degree OR
• Bachelor of Business Administration & BS computer Science is preferred
• 3 Years total working Experience with minimum 1 year experience in Fraud risk & compliance field in any UAE company