Dubai Islamic Bank
Manager – Fraud Risk Monitoring
- Permanent
- Abu Dhabi, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 01/02/2026
Job overview
Date posted
18/12/2025
Location
Abu Dhabi, United Arab Emirates
Salary
AED 20,000 - 30,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Manager
Qualification
Bachelors degree
Expiration date
01/02/2026
Job description
The Manager – Fraud Risk Monitoring role at Dubai Islamic Bank in Abu Dhabi is a senior position responsible for supporting and strengthening the bank’s Fraud Risk Management and Prevention framework. The role focuses on monitoring, preventing, investigating, and responding to fraud incidents across the bank, while enhancing controls aligned with evolving industry fraud trends and threats. The position manages daily fraud risk monitoring activities, supports timely response to fraud cases including initial reviews and fraud loss prevention actions, and coordinates closely with legal, audit, regulators, and other internal departments. A significant component of the role involves managing, enhancing, and optimizing the Enterprise Fraud Risk Management System (EFRM), including system implementation, daily operations, alert trend analysis, scenario creation, performance reporting, and KPI tracking. The role also includes leading fraud awareness initiatives through classroom training, e-learning, and onsite programs, building external relationships with banking peers and fraud management suppliers, and managing the fraud management team’s daily activities to ensure effective fraud prevention and compliance.
Required skills
Key responsibilities
- Ensure effective fraud risk management across the bank
- Deliver fraud awareness programs including classroom training, e-learning, and onsite sessions
- Support fraud risk monitoring by responding to fraud cases in a timely manner including initial reviews and fraud loss prevention actions
- Liaise with legal, audit, regulators, and internal departments in handling fraud cases
- Analyze industry fraud trends and threats and recommend appropriate fraud controls
- Engage with internal departments to combat fraud and enhance fraud prevention solutions
- Build and maintain relationships with banking peers, fraud management suppliers, and regulators
- Manage daily activities and KPIs of the fraud management team
- Analyze and investigate process changes and improvements to protect the bank from fraud
- Identify requirements for fraud detection tools and equipment aligned with industry trends
- Manage and lead the implementation and enhancement of the Enterprise Fraud Risk Management System (EFRM)
- Optimize EFRM system functionality to maximize effectiveness and utilization
- Oversee daily operations of the EFRM system
- Review and analyze fraud alert trends generated by the EFRM system
- Design and implement new fraud prevention scenarios
- Produce fraud risk reports and performance analysis for management
- Maintain and report key metrics used to measure fraud prevention effectiveness
Experience & skills
- Hold a Bachelor’s degree in Finance or Information Technology
- Possess 6–8 years of experience in banking, decision engines, performance change management, and system design and deployment
- Demonstrate experience in fraud risk management and fraud prevention within a banking environment
- Show hands-on experience managing and enhancing enterprise fraud risk management systems
- Demonstrate ability to analyze fraud trends, alerts, and prevention metrics
- Hold relevant professional certifications in fraud, risk, or related fields, which are preferred
