Lead, Fraud Analytics and MI

Role Purpose

To lead the bank's Fraud Analytics, Rules Management and Reporting function. The role owns end-to-end fraud rules lifecycle on Clari5 EFM and HPS Power CARD
, drives rule performance optimization, gap analysis, fraud MIS and all regulatory reporting to CBUAE and UAE FIU
.

• Author, configure and maintain real‑time fraud detection rules, scenarios and models on Clari5 and HPS PowerCARD / HPS Secure.
• Manage end-to-end rule change lifecycle: requirement gathering, development, UAT in simulation environment, deployment and post-implementation review.
• Manage authorization controls, velocity checks, card controls, 3D Secure rules, and cross‑channel rules for Cards, Digital Banking, Mobile, Remittances, MFK, Core banking finance system, Digital Channels and ATM/POS.
• Ensure proper documentation, version control and audit trail for all rule changes.

• Conduct periodic rule efficacy reviews: hit rate, alert‑to‑fraud ratio, false positive rate, fraud detection rate, savings and loss avoidance.
• Implement Champion / Challenger testing and rule tuning to reduce false positives without compromising detection.
• Perform gap analysis against emerging fraud typologies:
  Digital frauds, APP scams, Social Engineering, Phishing, Account Takeover, CNP, Card Skimming, First‑Party Fraud, Internal Frauds and Consumer application fraud.
• Benchmark bank's fraud controls against industry, CBUAE circulars and peer intelligence. Recommend new scenarios.

• Daily, weekly, monthly Fraud MIS: fraud losses, attempts prevented, channel‑wise fraud trends, rule performance dashboard.
• Build executive dashboards for senior management, Risk Committee and Board.
• Lead root cause analysis and link analysis on high‑value / high‑impact fraud cases.
• Work with Data Science to develop and validate statistical models and ML alerts within Clari
  5.

• Maintain the Fraud Incidents Register as per CBUAE Rulebook requirements to record date, description and details of fraud incidents and make it available for CBUAE Examiners.
• Manage all CBUAE fraud reporting:
  Fraud Incident reporting, Consumer Protection Regulation reporting, Security Incident reporting to CBUAE.
• Ensure timely, accurate and compliant reporting to CBUAE, UAE FIU and internal governance forums.
• Liaise with Compliance, Legal and Operations during regulatory inspections and audits.

• Lead and mentor a team of Fraud Analysts and MIS Analysts.
• Ensure adherence to internal Risk Appetite, Fraud Risk Policy and Model Risk Governance.

• Bachelor's Degree in Computer Science, Statistics, Mathematics, Finance or related field. Master's preferred.
• 2 to 5 years overall experience in Banking Fraud Risk, with minimum 1 year leading Fraud Analytics.
• Hands‑on expertise in Clari5 EFM and HPS PowerCARD – rule writing, simulation, deployment.
• Strong experience in card payments, digital banking fraud and authorization systems.
• Experience in UAE / GCC banking and CBUAE regulatory reporting.

Clari5, HPS PowerCARD, T24, Threat Matrix and Fin One

Advanced SQL, Python / R / SAS, Py Spark

Power BI, Tableau, Excel Advanced

Card Present / Not Present, ATO, APP, Phishing, Mule Accounts, Remittances Fraud, Acquiring Payment fraud, Application fraud

• CBUAE Retail Banking, Consumer Protection, Fraud & Security Incident Reporting
• PCI-DSS, UAE NESA / UAE Information Assurance Standard

• CFE, Certified Fraud Analytics Professional, Clari5 Certified

• Strong analytical and problem-solving mindset
• Attention to detail for regulatory reporting
• Stakeholder management and ability to challenge business
• Leadership and team development