Specialist - Fraud Investigation

Job description / Role

JOB PURPOSE: To investigate cases of fraud of various types spanning the entire enterprise in order to determine the facts of the case, to take remedial actions, and execute plans that mitigate current and potential future threats

ACCOUNTABILITIES:

Investigations:
- Establish the full facts of incidents under investigation to ensure cases are handled as per departmental standards

Recoveries:
- Take immediate steps to recover losses where possible to ensure that losses are minimized

Risk Management:
- Identify root cause failures and make recommendations to business to remedy failures within agreed timeframes

Data Gathering and Reporting:
- Capture all data requirements into the event data base/case register to enable further statistical and analytical use
- Prepare case reports to communicate findings and insights to relevant internal and external stakeholders and prepare Suspicious Transaction Reports (STR’s) for submission to the UAE Central Bank in order to adhere to requirements

Legal, Criminal and Disciplinary Action:
- Ensure that criminal, legal and disciplinary action is taken and provide assistance to close any actions taken to give effect to justice and recover losses

Requirements

- Bachelor’s Degree
- At least 3 years of experience in fraud investigation and reporting in a financial institution

Knowledge and Skills:
- Knowledge of the criminal processes and laws within the UAE
- Knowledge of banking processes, systems and products
- Microsoft Office (Word, Excel and PowerPoint)
- Written and spoken English

About the Company

ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.