LM Exchange
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    +(971) 4-3554-555
  • Our Address
    Al Sharafi Building, P.O Box 6309,Dubai

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ASSISTANT RISK ANALYST-(Indian Male)

HomeCareerASSISTANT RISK ANALYST-(Indian Male)

ASSISTANT RISK ANALYST-(Indian Male)

Department
AML and compliance
Location
Dubai
Education
GRADUATION

Key responsibilities include:

 

  • Tone at the top by the Board of Directors on zero tolerance of fraud
  • Monitor real time queues and identify high risk transactions within the business portfolio.
  • Observe customer transactions to identify fraudulent activity such as account take over, friendly fraud, theft and similar other risks.
  • Identify fraudulent transactions and cancel them from further processing.

Introduce Policies and Procedures including a Code of Conduct and a Fraud Prevention Policy ,Conduct Fraud Risk Assessment.

  • Appropriate access controls in sensitive areas, both physical and in IT systems;
  • Segregation of duties (e.g. introducing maker/checker controls);
  • Background screening before hiring employees;
  • Annual declaration completed by all employees to: Disclose conflict of interest, if any; and
  • Confirm their understanding of the Code of Conduct.
  • Provide training to assist employees to prevent fraud and to maintain public confidence.
  • fraud incidents are appropriately reported in accordance with CB guidelines
  • Monitor constantly customer and transactional records to identify unauthorized transactions and fraudulent accounts.
  • Maintain fraud analysis models to improve efficiency and effectiveness of company systems.
  • Ensure confidentiality of all information collected during investigation.
  • Determine existing fraud trends by analyzing accounts and transaction patterns.
  • Identify system improvements to prevent fraudulent activities.
  • Recommend anti-fraud processes for changing transaction patterns and trends.
  • Recommend new software tools used for fraud detection, prevention and reporting activities.
  • Generate suspicious activity reports and risk management reports for Managers.
  • maintain appropriate register to record the information about fraud incidents in this register

 

KNOWLEDGE, SKILLS & EXPERIENCE:

 

  • Graduate (preferred in relevant area).
  • Working knowledge of other functional areas of the Exchange/Bank industry (Compliance, audit Risk Management)
  • Excellent communication skills in English (writing & speaking)
  • Good presentations and reporting skill
  • Team player and innovators.
  • Good in advance excel