Job Description
Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.
Housing Finance started operations with the main objective of implementing the government’s policy of promoting thrift and home ownership by lending …
Transactional Monitoring Officer
Principle Accountabilities
Conduct in – depth data mining tasks to support timely fraud detection and investigation processesContribute to the creation of fraud rules by providing analytical data to support decisionsProvide support to the Operational and Business units on fraud related mattersMonitoring various customer transactions to detect possible fraudulent/suspicious transactions and confirm their authenticity with the relevant partiesCarry out post incidents analysis to understand the loop holes used to perpetrate frauds and make appropriate recommendations.Prepare monthly/quarterly management reports of averted and sustained losses and recovered funds.Researching and maintaining knowledge of fraud situation in the industry.Identifying possible avenues to the recovery of fraud losses and coordinate with appropriate law enforcement agencies to help identify and facilitate the prosecution of the person(s) perpetrating frauds.Assist the compliance team in compiling relevant information and narrative to make the determination if a SAR/SATR is needed to be filedContribute to the development and ongoing monitoring of Fraud Risk Registers to ensure it remains relevant to the business. Key Competencies and Skills
General Competencies
Communication skillsIT SkillsCreativityTeam Player Technical Competencies
Knowledge of financial regulations and Banking practice.Analytical skills.Presentation / Report writing skills. Minimum Qualifications, Knowledge and Experience
Academic & Professional
Bachelor’s degree in Commerce, Finance, Banking Law, Risk Management or a related field. Experience
Two years’ experience in the banking industry.