Seeking a highly motivated and detail-oriented Risk and Fraud Officer to join our team. The successful candidate will play a crucial role in identifying, assessing, and mitigating risks related to financial fraud and ensuring compliance with regulatory standards.
Key Responsibilities:
– Monitor transactions to detect and prevent fraudulent activities.
– Conduct thorough investigations of suspicious activities and report findings.
– Analyze data to identify trends and potential risks.
– Implement and maintain risk management policies and procedures.
– Collaborate with internal departments to ensure compliance with local and international regulations.
– Prepare and present risk assessment reports to senior management.
– Assist in the development and delivery of training programs on fraud prevention.
– Stay updated on industry trends and emerging fraud techniques.
– Strong knowledge of regulatory requirements, especially those of the Central Bank of the UAE.
Qualifications and Skills:
– Bachelor’s degree in related field.
– Minimum of 2-3 years of experience in risk management, fraud detection, or a related role within the financial services sector.
– Strong analytical and problem-solving skills.
– Proficiency in using fraud detection and risk assessment tools.
– Excellent communication and report-writing abilities.
– Knowledge of AML (Anti-Money Laundering) regulations and compliance frameworks.
– High attention to detail and integrity.
Preferred Qualifications:
– Certification in Risk Management (eg; RMP, CRMA, FRM, IRM etc
– Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) are a plus.
– Experience working in the exchange or remittance industry.