Anti-Fraud Officer

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.

Education
:
Bachelor Degree in Law, Finance, Business Administration or equivalent fields of study. The education level can be replaced by years of experience.

Experience
:
Zero (0) to Three (3) years of experience in a similar role.

Skills
:

• Computer
  
  Skills:
  
  Proficient in Microsoft Office Tools
• Languages:
  
  Fluent in English and Arabic
• Knowledge of Anti-fraud regulations

Core Competencies
:

• Team Synergy & Development:
  Proficiency Level - INTERMEDIATE
• Business Acumen & Diligence:
  Proficiency Level - INTERMEDIATE

• Define, implement the standards and align it with identified risks from fraud risks assessment (using sampling methodology)
• Conduct the fraud risk assessment and document actions required to close gaps identified
• Analyze existing and emerging threats, and share the same with relevant stakeholders
• Implement anti-fraud subunits’ recommendations (coming from Governance, Prevention, Detection & Response)
• Coordinate with Technology, Product and Process owners to ensure required changes are implemented as per the intended design (Validation)
• Monitor systems activities and prepare daily, weekly and/or monthly reports identifying trends and or potential fraud activities.
• Conduct daily 24/7 monitoring of fraud alerts generated through company systems
• Carry out transaction review and validation as may be appropriate to mitigate fraud risk.
• Proactively scrutinize identified system transactions for likely fraud indicators and/or pointers to computer-based frauds.
• Intelligence gathering on frauds and provision of monthly updates.
• Contribute in the review of fraud risk assessments, scenario
• Analyze new products and services or change initiative assessments
• Track unresolved items to provide a record of activities and support identification of fraud trends or persistent issues
• Prepare anti-fraud report
• Recommend changes to the fraud detection system parameters to optimize fraud prevention and detection
• Maintain records and escalate non-compliance matters
• Review and Update the Fraud Risk Register
• Reporting the periodic reports to the relevant regulators

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.

If you think you have what it takes to join a remarkable team #