Fraud Reporting Responsibilities:
* Coordinate with branches and departments to gather data, arrange required forms, fill them out, and submit fraud cases and counterfeit currency cases to the central bank through STR/SAR.
* Assist in reporting fraud and counterfeit currency cases to BSD as instructed by the reporting head.
* Maintain and update the Fraud Incident and Counterfeit Reporting registers.
* Report fraud cases to the FIU through the STR system and maintain the tracer.
* Report counterfeit currency cases to the UAEFTS system.
* Familiarize yourself with fraud detection tools and regularly monitor their processes.
* Assist in reporting counterfeit currencies to the FIU.
Transaction Monitoring and Record Maintenance:
* Support monitoring of Alfa Pay and Western Union online transactions followed by decision-making.
* Monitor online activities for in-house services such as ALFA Pay and Afex Cards.
* Maintain databases and registers for regulatory reporting, archiving, and retrieval as needed.
Internal Controls for Fraud Risk Mitigation:
* Recommend internal controls on identified gaps and assist in implementing corrective actions.
* Maintain records of branch inspection reports and follow up with stakeholders on remediation plans.
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