KCB Bank is hiring a Transaction Monitoring Analyst with the following responsibilities;
KEY RESPONSIBILITIES:
- Review transaction alerts generated by the risk management tools based on specific parameters.
- Appropriately act on any suspicious transactions or suspected fraudulent transactions.
- Investigate any suspicious activities arising from the alerts and resolve by marking good or fraudulent and action on any exceptions raised.
- Contact customers regarding suspect activity.
- Ensure respective Risk Register / Case register is updated and sent to Risk / Forensics team as and when required.
- Setting up of rules and periodic review of parameters in the Transaction/ Fraud Management Systems.
- Advise and review emerging digital fraud trends for risk mapping.
- Review reported and confirmed fraudulent activities captured in the case management tool and allocate/action as appropriate.
- Review the transaction trends raised on the service monitoring tool
- Submit transaction monitoring reports to management and forensics as required.
MINIMUM POSITION QUALIFICATION REQUIREMENTS
a) Academic & Professional
- Bachelor’s degree in Business, Finance, Accounting, Statistics, any related field is required.
- Professional Certifications in Banking, Accounting, or any related field are an added advantage.
- Master’s degree in business, Finance, Accounting, Statistics, any related field is an added advantage.
b) Experience
- A Minimum of 7 Years’ Experience preferably in Banking Operations, Card /Digital Services Operations, People Management, Risk Management and Stakeholder Management.
