On-site Full Time
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Dicetek LLC

Job Details

  • Fraud Rules Management - Clari5 & HPS

    • Author, configure and maintain real-time fraud detection rules, scenarios and models on Clari5 and HPS PowerCARD / HPS Secure.

    • Manage end-to-end rule change lifecycle: requirement gathering, development, UAT in simulation environment, deployment and post-implementation review.

    • Manage authorization controls, velocity checks, card controls, 3D Secure rules, and cross-channel rules for Cards, Digital Banking, Mobile, Remittances, MFK, Core banking finance system, Digital Channels and ATM/POS.

    • Ensure proper documentation, version control and audit trail for all rule changes.

    Rules Performance Review & Gap Analysis

    • Conduct periodic rule efficacy reviews: hit rate, alert-to-fraud ratio, false positive rate, fraud detection rate, savings and loss avoidance.

    • Implement Champion / Challenger testing and rule tuning to reduce false positives without compromising detection.

    • Perform gap analysis against emerging fraud typologies: Digital frauds, APP scams, Social Engineering, Phishing, Account Takeover, CNP, Card Skimming, First-Party Fraud, Internal Frauds and Consumer application fraud

    • Benchmark bank's fraud controls against industry, CBUAE circulars and peer intelligence. Recommend new scenarios.

    MIS, Analytics & Insights

    • Daily, weekly, monthly Fraud MIS: fraud losses, attempts prevented, channel-wise fraud trends, rule performance dashboard.

    • Build executive dashboards for senior management, Risk Committee and Board.

    • Lead root cause analysis and link analysis on high-value / high-impact fraud cases.

    • Work with Data Science to develop and validate statistical models and ML alerts within Clari5.

    Regulatory & Central Bank Reporting

    • Maintain the Fraud Incidents Register as per CBUAE Rulebook requirements to record date, description and details of fraud incidents and make it available for CBUAE Examiners.

    • Manage all CBUAE fraud reporting: Fraud Incident reporting, Consumer Protection Regulation reporting, Security Incident reporting to CBUAE.

    • Ensure timely, accurate and compliant reporting to CBUAE, UAE FIU and internal governance forums.

    • Liaise with Compliance, Legal and Operations during regulatory inspections and audits.

    Leadership & Governance

    • Lead and mentor a team of Fraud Analysts and MIS Analysts.

    • Ensure adherence to internal Risk Appetite, Fraud Risk Policy and Model Risk Governance.

Desired Candidate Profile

  • Bachelor's Degree in Computer Science, Statistics, Mathematics, Finance or related field. Master's preferred.

  • 2 to 5 years overall experience in Banking Fraud Risk, with minimum 1 year leading Fraud Analytics.

  • Hands-on expertise in Clari5 EFM and HPS PowerCARD - rule writing, simulation, deployment.

  • Strong experience in card payments, digital banking fraud and authorization systems.

  • Experience in UAE / GCC banking and CBUAE regulatory reporting.

Technical Skills

Platforms: Clari5, HPS PowerCARD, T24, Threat Matrix and FinOne

Analytics: Advanced SQL, Python / R / SAS, PySpark

Visualization: Power BI, Tableau, Excel Advanced

Fraud Types: Card Present / Not Present, ATO, APP, Phishing, Mule Accounts, Remittances Fraud, Acquiring Payment fraud, Application fraud

Regulatory Knowledge

  • CBUAE Retail Banking, Consumer Protection, Fraud & Security Incident Reporting

  • PCI-DSS, UAE NESA / UAE Information Assurance Standard

Preferred Certifications

  • CFE, Certified Fraud Analytics Professional, Clari5 Certified

Key Competencies

  • Strong analytical and problem-solving mindset

  • Attention to detail for regulatory reporting

  • Stakeholder management and ability to challenge business

  • Leadership and team development

Skills

Fraud Detection

Regulatory Compliance

Team Leadership

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About Dicetek LLC
UAE, Sharjah
Information Technology and Services