Officer- Fraud & Risk Monitoring- Operations (Kuwaiti Nationals)

Job Description

Officer- Fraud & Risk Monitoring- Operations (Kuwaiti Nationals)

Job Description

Monitor the application of approved Fraud Risk Management Framework on daily activities and processes in the bank.

Monitor any probable risk and control weakness and ensure they are addressed within an appropriate timeframe and escalated.

Monitor the operational risk metrics for the Bank to identify potential control weaknesses.

Implement Fraud Risk recovery tracking process.

Proactive in seeking regular assurance that areas of responsibility are performing to an acceptable risk and control standards.

Collect responses from internal stakeholders for identified Fraud Risk cases.

Check approved plans are in place.

Check process control environment and business practices to identify fraud risk exposure.

Maintains an adequate level of fraud losses by creating and leading specific initiatives in areas such as Fraud Prevention, and Detection.

Investigate transactions flagged as suspicious fraudulent. Duties include assessing charges that may be fraudulent and contacting the client to obtain additional information.

Skills

Good knowledge of the Fraud Risk aspects in the Bank’s products and services.

Communication

Teamwork

Planning/ Organizing

Job Location Kuwait