Fraud Analyst

Company Description

Role Description

Key Responsibilities

• Fraud Risk Strategy: Assists the Head of Fraud Risk Analytics & Oversight in developing and implementing proactive fraud prevention strategies, ensuring alignment with organizational goals and regulatory requirements.
• Compliance & Framework Oversight: Ensures that all fraud prevention initiatives and policies comply with the Counter Fraud Fundamental Requirement framework and other relevant regulatory guidelines.
• Proactive Risk Assessment: Supports the fraud risk assessment process by proactively identifying potential fraud risks, assisting in the development of Key Risk Indicators (KRIs), and ensuring the accurate maintenance of the fraud risk register.
• Advanced Analytics & Control Enhancement: Works closely with the Head of Fraud Risk Analytics & Oversight to leverage analytical tools to detect, assess, and mitigate potential fraud risks, using data insights to continuously enhance fraud controls across the organization.
• MI Reporting & Communication: Prepares and compiles detailed Management Information (MI) and reports for senior management, presenting key fraud risks, trends, and the effectiveness of mitigation strategies.
• Cross-Functional Coordination: Assists in coordinating with cross-functional teams to ensure the effective execution of fraud prevention initiatives, fostering a culture of fraud awareness and proactive risk mitigation across all departments.

Qualifications

• A Bachelor's degree in Risk Management, Finance, Data Analytics, or a related field.
• Fluency in both English and Arabic.
• Strong analytical capabilities with experience working with data to uncover patterns, report MI, and identify risk trends.
• Excellent reporting skills, with a focus on accuracy in managing risk documentation and creating actionable reports for stakeholders.
• Highly detail-oriented with a problem-solving mindset and the ability to work independently in a fast-paced environment.
• Strong Analytical Skills for assessing data trends, identifying issues, and proposing actionable solutions.
• Excellent Communication skills for liaising with stakeholders and preparing reports.
• Ability to work with attention to detail and a problem-solving mindset.