Fraud Risk Analyst

We are seeking a dedicated and detail-oriented Fraud Risk Analyst within Operational risk department to join our team. In this role, you will be instrumental by assisting in developing and implementing policies to manage fraud risks, reviewing daily debit card fraud alerts, and ensuring the bank takes necessary measures to mitigate fraud. You will stay updated on regulatory requirements, document actions meticulously, and support the line manager in fraud-related matters. This is an excellent opportunity for someone passionate about fraud prevention and risk management to contribute to our organization’s operational integrity and security.

Duties and responsibilities

• Assist in reviewing and provide input and aid in the development of policies focused on the managing fraud risks
• Review and coordinate debit card fraud alerts daily and coordinate with business for necessary measures taken by the bank
• Ensure information flow and deliverables are met to mitigate fraud by engaging business
• Keep abreast of all the regulatory updates regarding fraud reporting requirements
• Accurately document all actions taken on a case
• Review business actions on reconciliation for debit card fraud disputes claims with the Master Fraud Transactions
• Provide support to the line manager on fraud related matters
• Prepare monthly Operational risk report
• Responsible for maintaining knowledge of fraud situation in the industry
• Report risk information and findings to the immediate supervisor in a timely manner
• Actively participate in team meetings; share information and make suggestions for improvements to fraud operations
• Support in change management assessment process
• Other duties as may be determined from time to time by the Senior Manager

Required knowledge, skills and experience

• Diploma or Bachelor’s degree in Finance with at least 3 years of relevant experience. Alternatively, if you do not have a qualification associated with the financial sector but have at least 5 years of experience in the relevant domain, we encourage you to apply
• Knowledge of GDPR and Business Continuity would be an added benefit
• Passionate about assigned tasks and possess a results-oriented approach
• Must be fluent in written and verbal English. Proficiency in French and/or Dutch would be an added advantage