✨ AI Summary
The Fraud Risk Monitoring Officer at Arab African International Bank will be responsible for monitoring transactions across Wallet, E-banking, and Debit Cards for suspicious activity. This role involves checking alerts from VISA Risk manager and MasterCard event manager, cooperating with banks and fraud forums to minimize losses, and analyzing POS merchant statements and e-commerce transactions. The officer will also review daily MEEZA transactions, identify suspicious activities, and collect necessary documentation for bank investigations. A Bachelor's degree in business administration, finance, or accounting is required, along with 0-4 years of banking experience. Strong analytical, communication, computer, and time management skills are essential.
Requirements
Minimum Qualifications: Bachelor's degree in business administration, finance, accounting or any relevant discipline. Minimum Experience: 0 to 4 years banking experience. Forgery & counterfeiting training course is a plus. Updated with recent Visa and MC mandates and regulations. Skills: Very good analysis skills, effective oral & written communication, outstanding computer skills, and good time management skills.
Description
KEY ACCOUNTABILITIES: Monitor Wallet, E-banking, and Debit Cards transactions for suspicious behavior.Check all alerts from VISA Risk manager and MasterCard event manager as risk tool controlled by rules for suspicious behavior transactions.Cooperation with banks, Visa, MasterCard and fraud forum to minimize fraud losses for our bank.Make sure to receive all fraud credit card transactions on monthly basis from NI.Create, monitoring and analyze POS merchant statement and reports.Monitor E-commerce transactions through (MIGS – MPGS - CyberSource).Review daily downloaded MEEZA transactions that taken place at AAIB merchants.Analyzing activities and identifying suspicious transactions then taking necessary action procedures.Collecting all necessary information and documents, in case of Issuer banks investigation requests. In addition, communicate with the merchants then respond to the issuer's banksFollow and implement all relevant department policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent mannerQUALIFICATIONS, EXPERIENCE & SKILLS: Minimum Qualifications:Bachelor's degree in business administration, finance, accounting or any relevant disciplineMinimum Experience: For the officer: 0 to 4 years banking experience.Forgery & counterfeiting training course is a plusUpdated with recent Visa and MC mandates and regulationsJob-Specific Skills:Very good analysis skills.Communicate effectively in oral & written form with other departments.Outstanding Computer skills.Good time management skills.