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Position Details
Reference No.
Anti-Fraud Monitoring Officer (5223)
Employment Type
Full Time
Available Positions
Posted On:
Contact Details
CareerFinders Ltd
Contact Person
Chris Moore
Head Office
6th Floor, Athlos Building, 28 Nikis Avenue,
Nicosia, 1086

Job Description

CareerFinders, on behalf of our client, an established and highly respected International Banking institution, we are seeking to recruit an Anti-Fraud Monitoring Officer to join their expanding team in Limassol. The successful applicant will ideally possess 3+ years of relevant professional experience applying principles and practices of anti-fraud management. This position suits an applicant with a very keen eye for detail and a passion for security. Previous experience in a Transaction Monitoring capacity is a must.

Key Duties/Responsibilities:

  • Perform daily monitoring of Anti-Fraud System (AFS) alerts and performing initial triage of registered events.
  • Communicate with client-facing staff (Call Center, Branches) when addressing potential fraud cases.
  • Initiate investigation on potential fraud cases and participate in developing of appropriate reports for the Management.
  • Analyze transactions of the Bank in order to prevent fraud.
  • Identify abnormalities in behavior of customers and employees involved in transactions.
  • Continuous adjustment of rules and parameters of Anti-Fraud System in order to decrease false positives rate and customer insult rate.
  • Monitor adherence to Anti-Fraud rules and procedures of the Bank.
  • Support Anti-Fraud division in development of relevant internal regulations (policies, procedures, manuals etc.).
  • Provide appropriate feedback and proposals for the enhancement of relevant AFS policies and rules to Anti-Fraud Data Analyst.
  • Provide appropriate feedback and proposals for the continuous development of Anti-Fraud System to the Information Systems Department.
  • Perform other related activities.

Key Skills/Experience:

  • Postgraduate degree in Information Technology, Information Security, Computer Science or in any other related field.
  • At least 3 years of practical experience in applying principles and practices of anti-fraud management.
  • Sufficient knowledge of global and the EU standards on Information Technology and Information Security (e.g. ISO 27001, COBIT, NIST, PCI DSS etc.).
  • Sufficient knowledge of the financial services regulatory framework in relation to fraud management (e.g. CBC, ECB, EBA Regulations).
  • Good knowledge of fraud prevention/detection techniques and on-line fraud management.
  • Knowledge of the EU regulation regarding payment services, prevention of fraud is an advantage.
  • Knowledge of cards schemes’ requirements regarding prevention of fraud is an advantage.
  • Knowledge of various payment channels (online and mobile banking, cards, ATM, APIs).
  • Skills on data analysis or visualization skills is an advantage.
  • Having an appropriate certification is an advantage.
  • Strong analytical skills.
  • Ability to work both independently and as part of a team.
  • Excellent interpersonal and communication skills.
  • Dynamic, energetic and results driven.
  • Stress resistance.
  • Excellent time-management and organizational skills.
  • Proficient in English, both verbal and written.
  • Experience in fraud prevention.
  • Experience with AML, transaction monitoring or anti-fraud systems.
  • Experience in forensic or other investigations.
  • Ready for daily monitoring routines.
  • Good at finding patterns and inconsistencies in behavior of individuals and legal entities.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the reference number CYP5223. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.