Invest Bank announced, through its Linkedin account, a bank job in uae (Assistant Manager Fraud Risk & Investigations) according to the following:
Support in development or enhancement of Fraud Risk Policies and Procedures and conduct constant review on an annual basis.
Initiate thematic reviews/ surprise checks around the critical functions in the bank in line with the Fraud Risk strategy.
Assess the existing fraud monitoring rules both for debit and credit card monitoring and for other monitoring e.g. online banking and consider revisions as per fraud trends on semi-annual basis.
Develop and roll out staff training (e-learning or face to face training) and awareness communication (both for staff and customers) on fraud risk management
Assess and conduct investigations of the cases being referred to Fraud Risk. Also, prepare investigation report for onwards review of the Line Manager and submission to the relevant stakeholders.
Develop blacklist data concerning the fraud matters and refer the same to the relevant Business and Compliance functions for update in the relevant records/systems.
Attend fraud matters and complaints from police, regulatory authorities, other banks and customers. Also, provide support in filing Police complaints, wherever required on fraud matters in conjunction with the Legal department.
Ensure compliance with the CBUAE regulatory requirements (including the ones introduced and changed from time to time) on fraud matters including fraud suspicious transaction reporting, wherever required.
