Transactional Monitoring Officer at HF Group

Principle Accountabilities

• Conduct in – depth data mining tasks to support timely fraud detection and investigation processes
• Contribute to the creation of fraud rules by providing analytical data to support decisions
• Provide support to the Operational and Business units on fraud related matters
• Monitoring various customer transactions to detect possible fraudulent/suspicious transactions and confirm their authenticity with the relevant parties
• Carry out post incidents analysis to understand the loop holes used to perpetrate frauds and make appropriate recommendations.
• Prepare monthly/quarterly management reports of averted and sustained losses and recovered funds.
• Researching and maintaining knowledge of fraud situation in the industry.
• Identifying possible avenues to the recovery of fraud losses and coordinate with appropriate law enforcement agencies to help identify and facilitate the prosecution of the person(s) perpetrating frauds.
• Assist the compliance team in compiling relevant information and narrative to make the determination if a SAR/SATR is needed to be filed
• Contribute to the development and ongoing monitoring of Fraud Risk Registers to ensure it remains relevant to the business.

Key Competencies and Skills

General Competencies

• Communication skills
• IT Skills
• Creativity
• Team Player

Technical Competencies

• Knowledge of financial regulations and Banking practice.
• Analytical skills.
• Presentation / Report writing skills.

Minimum Qualifications, Knowledge and Experience

Academic & Professional

• Bachelor’s degree in Commerce, Finance, Banking Law, Risk Management or a related field.

Experience

• Two years’ experience in the banking industry.