Control Centre Review Officer / Fraud Analyst at Polaris Bank Limited

We are looking for an Internal Control Officer with a proven track record in reviewing, analyzing, detecting, tracking and prompt reporting of unusual, suspicious and fraudulent transactions.

The required officer must have a sound analytical skill, eye for details as well as proficiency on the use of Microsoft excel, Microsoft Word and Power point.

Job Description

• Tracking of unusual, suspicious and replicated inflows (NIBSS) into customers’ accounts. On 24/7 basis.

• Review and prevention of undue access to reported erroneous/fraudulent inflows from other banks.
• Review of branch teller transactions, transfer through G/Ls, Collection accounts and Customers’ accounts and promptly identify unusual transactions to checkmate against fraudulent activities.
• Review of card related transactions to checkmate against card related frauds as well as cards in use at NON-EMV countries.
• Ensuring prompt release of confirmed funds as well as lifting of PND to forestall service failure or regulatory sanctions.
• Monitoring and holding of funds/PND on accounts that receive Replicated NIBSS inflow.
• Monitoring of open items in G/Ls where G/Ls are debited without prior corresponding credit or management approval.
• Monitoring of unauthorized lifting of PND / release of funds held by Control Centre Team.
• Tracking of wrong amount posted to customers’ accounts through Branch Teller platform.
• Tracking of name mismatch of beneficiaries for RTGS inflow through SWIFT platform compared with the customers’ names on flexcube.
• Rendition of all activity reports (daily, weekly, monthly and quarterly) in respect of accounts on PND/ Fund held and other review activities.
• Prompt follow up with branches and other units on all confirmation requests to avert service issue.

Preferred skills and experience/Requirements  

• Bachelor’s Degree in computer Science, Accounting or any other relevant course of studies.
• Experience in Internal Control, Audit, risk and fraud assessment, eye for details and a good team player with Minimum of 1 year experience.
• Ability to promptly identify suspicious/unusual transactions, analyze same and take a decision to prevent loss of funds.
• Ability to work during the weekends, night and public holidays.
• Good knowledge of General Ledger, sound communication and report writing skills.
• Risk Assessment skill, auditing skills, Analytical skills, use of SQL as well as good knowledge on the use of Microsoft excel/Microsoft word.