Assistant Manager - Fraud Monitoring.MGN EGY - Fraud Prevention & Intelligence.Client Experience and Conduct Group-MEGPCOE

- Responsible for the prevention and detection of potential frauds through timely review of alerts generated by EFM system.

- Conduct preliminary investigation to validate the transaction information received through the alerts and take a real time decision to allow or stop the ongoing transaction.

- To reduce fraud losses (current and future) by action on the EFM alerts in real time.

- Liaise with various teams on the alerts received for recalling of funds or taking any/all other immediate actions to safeguard the Bank and customers’ interests.

- Accurately document all actions taken on an alert and update in Case Management System (CMS).

- Maintains awareness of key process changes, system changes and how they impact the Fraud Risk.

- Effectively communicates emerging and/or changing Fraud risk and related control opportunities and enhancements to FP&I senior managers.

- Produce appropriate analytical results obtained from the actions on the fraud alerts received.

- Contribute to the creation/enhancement of fraud scenarios, by providing analytical data to support decisions.

- Contributes to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures.

- To produce timely alert action reports / MIS to the Head of FP&I and relevant managers as appropriate.

- Assist in the development and delivery of, and to participate in education, training and awareness activities as part of the fraud awareness program. Responsible for the prevention and detection of potential frauds through timely review of alerts generated by EFM system.

- Conduct preliminary investigation to validate the transaction information received through the alerts and take a real time decision to allow or stop the ongoing transaction.

- To reduce fraud losses (current and future) by action on the EFM alerts in real time.

- Liaise with various teams on the alerts received for recalling of funds or taking any/all other immediate actions to safeguard the Bank and customers’ interests.

- Accurately document all actions taken on an alert and update in Case Management System (CMS).

- Maintains awareness of key process changes, system changes and how they impact the Fraud Risk.

- Effectively communicates emerging and/or changing Fraud risk and related control opportunities and enhancements to FP&I senior managers.

- Produce appropriate analytical results obtained from the actions on the fraud alerts received.

- Contribute to the creation/enhancement of fraud scenarios, by providing analytical data to support decisions.

- Contributes to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures.

- To produce timely alert action reports / MIS to the Head of FP&I and relevant managers as appropriate.

- Assist in the development and delivery of, and to participate in education, training and awareness activities as part of the fraud awareness program.