Role - Fraud Control Analyst Type- Outsoursed Salary -8000-1000 AED
Key Accountabilities Fraud Detection Monitor and analyse credit and collections transaction data to identify fraud indicators, anomalies, and suspicious trends. Use fraud detection tools, systems, and advanced data analytics to detect unusual patterns, correlations, and potential fraudulent behaviour. Analyse large datasets to identify key fraud drivers and contribute to the development of proactive fraud detection models.
Fraud Investigation Conduct detailed investigations into suspected fraud cases, gather and analyse evidence, and document findings while maintaining strict confidentiality. Coordinate with internal teams and customers to collect and validate additional information to support investigations and decision-making. Resolve customer fraud-related issues in line with agreed service level agreements (SLAs).
Risk Assessment Assess the financial and reputational risk associated with identified fraud cases. Perform regular fraud risk assessments to identify control gaps, emerging threats, and new fraud typologies. Participate in credit and collections risk reviews and recommend appropriate mitigation measures.
Fraud Prevention & Risk Mitigation Support the development and implementation of fraud prevention policies, procedures, and controls. Monitor regulatory updates, industry trends, and emerging fraud risks to ensure preventive strategies remain effective. Assist in implementing and enhancing fraud prevention tools, systems, and technologies.
Reporting & Documentation Maintain an up-to-date Fraud Risk Register, documenting fraud cases, investigations, and outcomes. Prepare detailed reports on fraud incidents, trends, suspicious activities, and investigation outcomes for management and key stakeholders.
Collaboration & Stakeholder Management Work closely with cross-functional teams including Credit, Collections, Risk, Legal, and IT to ensure coordinated fraud management. Liaise with external parties such as law enforcement agencies and fraud solution providers to support investigations and share best practices.
Training & Awareness Support fraud awareness initiatives and assist in delivering training to employees on fraud risks, detection, and prevention.
Education, Experience & Skills Education / Qualifications Bachelor’s degree in Finance, Business Administration, or a related discipline. Professional certifications in Fraud Management, Risk, or Data Analytics are an advantage. Experience Minimum 3 years’ experience in Fraud Control, Fraud Analysis, or Risk Management within a bank or financial institution. Key Skills & Competencies Strong analytical and investigative skills Experience working with transactional data and fraud detection tools Knowledge of banking products, credit, and collections processes High attention to detail and strong documentation skills Ability to manage sensitive information with confidentiality Strong communication and stakeholder coordination abilities