HF Group

Banking + 2 more

Manager Financial Crime

Closed for applications
Job details

Contract Type

Description
Minimum Qualifications, Knowledge and Experience
  • Bachelor's degree in finance/accounting, Economics, Actuarial Science, Criminology, Computer science or relevant degree.
  • Professional qualifications in the fields of Risk Management, and Compliance
  • Minimum 6 years Banking work experience with at least 2 in fraud risk management related role.
  • Proven experience in managing and leading a team
  • Hands-on experience conducting complex investigations into fraud, including forensic accounting, interviewing suspects and witnesses, and collecting evidence
  • Experience in handling card fraud monitoring
  • Experience in Visa risk manager fraud system
  • Deep knowledge in credit card fraud rules and charge


Responsibilities
  • Develop and implement of a proactive Fraud Risk Management Program using data extraction, data analytics and management reporting.
  • Leading a team in reviewing various customer transactions and activities to flag or identify suspicious activity.
  • Actions all card fraud alerts in the powercard card management system.
  • Caution cards on powercard stop list
  • Update travel advisory for customers when informed
  • Undertake investigations of debit and credit card disputes
  • Review current card fraud rules to ensure are working effectively in line with the risk management framework.
  • Handle chargeback fraud.
  • Create card fraud rules as per transaction monitoring standards
  • Contributing to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures.
  • Lead, mentor, and manage a team of fraud analysts
  • Complete daily review of exception reports with a view to identify suspect activity/transactions and submission of summary finding reports as well as promptly institute control measures.
  • Oversees and performs investigations regarding actual and suspected fraud activities, providing oversight and appropriate resolution to the operational and business units.
  • Risk assesses the effectiveness of antifraud programs and controls in place.
  • Analyse internal and external fraud loss data reporting to monitor risk management activities associated with significant losses.
  • Maintains awareness of key process changes, system changes, organization or governance structure, and key outsourcing arrangements/vendor exposure and how they impact fraud risk management.
  • Undertake research on fraud patterns by tracking confirmed fraudulent transactions to develop rules to prevent and detect fraud
  • Assists management in the development and implementation of the Antifraud control activities both preventive and detective controls.
  • Track unresolved items to provide a record of activities and support identification of fraud trends or persistent issues
  • Service Level Agreements (SLA) adherence on issues resolution with minimal customer complaints
  • Prepares monthly/quarterly management reports of all activities, including averted and sustained losses, and recovered monies.
  • Attend and actively participate to scheduled engagement meetings on fraud related matters.
  • Attend Kenya Bankers Association Forums and build network with law enforcement, Telecoms and other banks.


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