Associate Fraud Manager

Responsibilities:

• Monitor real-time alerts for suspicious transactions and implement procedures to address identified risks

• Investigate potential fraud cases by reviewing reports, transactions and other data

• Identify fraud patterns, trends, and root causes to improve fraud detection strategies

• Collaborate with cross-functional teams to strengthen fraud prevention measures.

• Ensure that all fraud cases are documented according to company policies and relevant regulatory requirement.

• Develop and deliver training programs on fraud awareness for employees.

• Stay updated on industry trends, emerging threats, and best practices in fraud management.

• Bachelor's degree in Finance, Business, Economics, Computer Science, or a related field.

• Advanced degrees or certifications (e.g., Certified Fraud Examiner - CFE, Certified Anti-Money Laundering Specialist - CAMS) are preferred.

• 3-5 years of experience in fraud management, risk management, or a related field

• Prior experience in a managerial or supervisory role

• Strong ability to analyse data and detect patterns or anomalies that could indicate fraudulent activity.

• Proficiency in using analytical tools and software (e.g., SQL, Excel, Python, SAS)are preferred

• Expertise in identifying, assessing, and mitigating risks related to fraud.

• Awareness of emerging fraud trends and techniques

• Strong verbal and written communication skills to convey complex information clearly to stakeholders.

• Familiarity with fraud detection software and systems (e.g., fraud management platforms, machine learning models)..

• Understanding of relevant laws and regulations concerning fraud (e.g., AML, KYC, GDPR).

• Experience in compliance and ensuring adherence to legal and regulatory standards.