Fraud Risk Analyst – Banking Jobs Uganda at DFCU Bank

Fraud Risk Analyst - Banking Jobs Uganda at DFCU Bank

Deadline: 27th June 2025 Employment Type: Full-time Location: Kampala, Uganda Industry: Finance / Banking

About DFCU Bank - Banking Jobs Uganda

DFCU Bank is a leading financial institution in Uganda, committed to delivering innovative and customer-centric financial solutions. We are currently seeking a skilled and detail-oriented Fraud Risk Analyst to join our Risk Department. The successful candidate will play a key role in detecting and preventing financial fraud across all banking channels.

Job Purpose

The Fraud Risk Analyst is responsible for monitoring, detecting, investigating, and preventing fraudulent activities on both monetary and non-monetary transactions. This involves real-time monitoring of transactions, analyzing alerts, and working with internal and external stakeholders to mitigate risks.

Key Responsibilities

• Monitor customer accounts and financial transactions to identify suspicious activities and red flags.
• Detect and prevent fraudulent transactions across all payment channels.
• Analyze fraud alerts using the Bank’s fraud detection tools to identify patterns and emerging risks.
• Validate transaction information through engagement with internal teams and external sources.
• Contribute to the development and review of fraud detection rules and thresholds.
• Engage regularly with the Visa Risk Manager (VRM) and other fraud stakeholders to improve response strategies.
• Escalate critical fraud alerts to the Financial Crime Manager, Head of Financial Crime Management, or Chief Risk Officer as appropriate.
• Ensure timely resolution of queued transactions to minimize financial exposure.
• Submit monthly reports detailing suspected and confirmed fraud cases, financial exposures, and fraud savings.
• Conduct preliminary investigations on identified suspicious activities as assigned.
• Support internal fraud prevention awareness programs and staff training initiatives.
• Identify and propose new techniques for fraud prevention based on analytical insights.

Qualifications and Experience

• Bachelor’s Degree in a relevant field (e.g., Accounting, Finance, Information Technology).
• Certification in Fraud Examination (CFE) is an added advantage.
• Minimum of 3 years' experience in banking operations, fraud analysis, or risk management.
• Strong knowledge of banking products, operations, and fraud risk management processes.
• Understanding of relevant regulatory frameworks and internal compliance policies.
• Proficient in using fraud detection software and Microsoft Office applications.
• Excellent analytical, investigative, and report writing skills.
• Strong communication and interpersonal skills with the ability to engage across departments.
• High level of integrity, discretion, and confidentiality.
• Self-motivated with the ability to work independently and take ownership of tasks.

Key Competencies

• Attention to detail and critical thinking.
• Creative problem-solving skills.
• Ability to adapt to changing priorities and work under pressure.
• Team player with strong collaboration skills.
• Confident in making decisions and predicting the consequences of actions using available data.

How to Apply

If you believe you meet the qualifications outlined above, please apply online via the following link: Apply Now – DFCU Bank Careers Deadline for Applications: 27th June 2025 Only shortlisted candidates will be contacted.