Internal Control Manager

4 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates دار التمويل والإستثمار المالية Full time
  • Develop and implement strategiesto detect, prevent, and respond to fraudulent activities related tocard transactions. This could involve leveraging data analytics,and other technologies to stay ahead of evolving fraudtactics.
  • Lead a team of fraud analysts,investigators, and other professionals, providing guidance,coaching, and support to ensure the team operates effectively andefficiently.
  • Oversee the development andimplementation of fraud prevention measures, including monitoringsystems, rules-based controls, and manual review processes tominimize fraudulent activities andlosses.
  • Ensure compliance with relevantregulations, such as the Payment Card Industry Data SecurityStandard (PCI DSS), and other industry standards related to cardtransactions and fraud prevention.
  • Identify andassess potential risks associated with card transactions and fraudand develop and implement risk management strategies to mitigatethose risks.
  • Work closely with otherdepartments, such as IT, legal, operations, and customer service,to ensure a coordinated approach to fraud prevention andresponse.
  • Prepare regular reports on fraudtrends, patterns, and the effectiveness of fraud preventionmeasures, and use data analysis to continuously improve fraudprevention strategies.
  • Oversee relationshipswith third-party vendors that provide fraud prevention tools andservices, ensuring that they are meeting performance expectationsand contractual obligations.
  • Develop anddeliver training programs and materials to educate employees aboutfraud risks and prevention strategies.
  • OnQuarterly basis at least, ensure revision of all types of alertsand enhance the rules by reducing false positives with coordinationwith the control and riskdepartments.
  • Responsibility for reporting anyhigh-risk cases and trends as per the implementedprocedure.
  • Stay abreast of emerging trends andtechnologies in fraud prevention and card security and evaluate andimplement new tools and techniques asappropriate.
  • Work to protect customers fromfraudulent activities, ensuring that their sensitive informationand financial assets are safeguarded.
  • Maintaina strong teamwork environment within and outside theteam.

Qualification

  • Bachelor's degree inBusiness, Commerce, or Finance is preferred. MBA isdesirable.

Experience

  • Minimum 8 years' experiencein fraud and internal control functions in Banking/FinancialServices industry.
  • Vendor and CustomerManagement.
  • Incident and problem resolutionmanagement skills.
  • Up to date on latesttechnology trends and platforms.
Key Skills
Audit
Employment Type : Full-time
Department / Functional Area: Accounts,Taxation,Audit,Company Secretary
Experience: 2 Years - 0 Years years
Gender: Male
Vacancy: 1
Joining Date: Mon, 30 Dec2024

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