The Anti-Fraud and Transaction Monitoring Manager plays a crucial role in protecting customers and financial company by leading the development and execution of a comprehensive anti-fraud program with a strong focus on transaction monitoring.
Establishing and refining policies, procedures, and controls to mitigate fraud risks across all banking operations.
Implement and manage automated transaction monitoring systems to identify suspicious activities and potential AML red flags. This includes defining rules, thresholds, and scenarios for real-time monitoring and analysis.
Lead investigations into suspected cases of fraud, misuse, and money laundering, including gathering and analyzing evidence, interviewing witnesses, and collaborating with internal and external stakeholders.
Conduct regular fraud risk assessments to identify vulnerabilities and emerging threats, and develop mitigation strategies.
Take appropriate action based on investigation findings, including disciplinary measures and reporting to authorities.
Prepare comprehensive reports on fraud trends, investigation findings, and program effectiveness for senior management and regulatory authorities.
Utilize data analytics techniques to identify trends, patterns, and anomalies in transaction data that may indicate fraudulent activity.
