Overview

Fraud Analyst Jobs in Dubai – UAE at Mashreq Bank

Title: Fraud Analyst

Company: Mashreq Bank

Location: Dubai – UAE

Type: Contract


Category: IT/Tech, Finance

Extract, collate interrogate & analyse data from BO/SAS or other sources within the bank to identify/detect fraud/unusual pattern/trends. Perform advanced statistical analysis of customer, sales and expenses data to determine hidden relationships or trends. To assist the FP&I managers in Prevention, Detection & Investigation by setting up BO/SAS reports, monitoring reports, identification of trends through data analytics. To obtain, link and analyse data from different sources/dimensions for checking underlying pattern. To produce appropriate, timely reports/ MIS to the Head of Fraud and relevant managers as appropriate.

Key Result Areas:

Extract, collate and analyse data from BO/SAS or other sources within the bank to identify/detect fraud/unusual pattern/trends.

Perform advanced statistical analysis of customer, sales and expenses data to determine hidden relationships or trends.


To present the analytics result to FP&I managers with logical conclusions.

To setup extraction and analysis of periodic reports with inputs from FP&I managers for fraud prevention & Detection on SAS/BO.

To understand requirements from FP&I managers, analyse system capabilities/constraints and in consultation with different stake holders define the various reports which can aid fraud prevention and detection activities.

Should be able to help in scoping out the data analytics requirements related to investigations.

Standardize the investigation steps to ensure all aspects related to investigations are constantly covered without any lapses.

Should create different scenarios with regard to process note review to identify fraud risk and mitigating controls.

Should be able to connect the dots within the specific investigation or across the spectrum of investigations,

Contribution should be made towards implementation of Fraud prevention/ detection measures through active participation/and assisting the Manager towards launch of new initiatives such as roll out of fraud awareness training, fraud risk assessment and use of forensic technology to detect fraud across Mashreq entities.

Should be a team player and demonstrate the willingness to play an active role in complex fraud investigations.


Provide accurate & timely MIS reports relevant for the division including investigation, weekly updates and monthly submissions.

Up-to date with relevant job-specific procedures. Laws, rules and regulations through professional development courses, meetings research and job related publications.

Maintains & update Auto Audit repository for all data analytics work related to the investigations and central bank reporting.

Should be able to generate alternatives, test different hypothesis related to investigations and particular scenarios.

Knowledge, Skills and Experience

Should have excellent command over data analytics & data mining tools including the use of SAS and BO reports

Advanced Knowledge of MS Excel is required to conduct complex calculations, slicing of data as per requirements of F&I Managers

Previous Experience in Anti-Fraud function or related field with at least 4 years of experience and should hold a Bachelor Degree in Accounting and Auditing, Criminal Justice, or related field

Ability to handle pressure ad tough situations

Self motivated and takes initiative

Should be very good with computers and knowledge of banking systems is a must

Should be able to work on large quantity of data and be able to co relate …

 

About Mashreq Bank