MCB Islamic Bank Jobs Manager Fraud Detection Unit:
Organization: MCB Islamic Bank
𝗪𝗲’𝗿𝗲 𝗛𝗶𝗿𝗶𝗻𝗴!
MCB Islamic Bank is inviting applications for the position of “𝗠𝗮𝗻𝗮𝗴𝗲𝗿 – 𝗙𝗿𝗮𝘂𝗱 𝗗𝗲𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗨𝗻𝗶𝘁”. Join our growing team to drive business growth and deliver exceptional customer satisfaction.
𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻
Manager – Fraud Detection Unit
𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻
Lahore
𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻
MBA or equivalent qualification from a reputable university (CGPA above 3.0). Certification in Fraud Risk will be considered an added advantage.
𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 & 𝗖𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝗰𝗶𝗲𝘀
➡️ Candidates having minimum 4-5 Years of experience in digital fraud detection/monitoring, preferably with EFRMS implementation experience
➡️ Strong understanding of phishing, malware, SIM swap, fake apps, device spoofing, account takeover
➡️ Experience with root cause analysis, fraud pattern mapping, alert investigation
➡️ Familiarity with rule engines, data analytics tools, case management modules
➡️ Strong report writing, cross-functional coordination, real-time incident communication
𝗝𝗼𝗯 𝗿𝗼𝗹𝗲 & 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀
➡️ Supervise continuous monitoring of digital banking transactions using 1LINK Fractals, Enterprise Fraud Risk Management (EFRMS) dashboards and alert queues.
➡️ Ensure timely investigation and disposition of system-generated fraud alerts across all channels: ATM, IBFT, Mobile Banking, Internet Banking, etc.
➡️ Classify alerts based on severity and escalate suspicious transactions for immediate blocking or customer verification.
➡️ Develop and implement custom fraud detection rules, transaction velocity checks, device fingerprinting, geo-location mismatches, behavioral analytics, and transactional risk scoring.
➡️ Periodically review and recalibrate fraud rules based on false-positive rates, missed fraud cases, or changing fraud typologies.
➡️ Lead deep-dive investigations into digital fraud incidents using data from core banking systems, EFRMS, digital banking platforms, and customer interactions.
➡️ Map fraud chains and identify compromised accounts, mule accounts, and internal/external threat vectors.
➡️ Coordinate with IT security, operations, call center, and digital banking teams to halt ongoing fraud attempts, disable access, freeze transactions, and conduct customer communication.
➡️ Deliver fraud education sessions bank wide with a focus on digital channel vulnerabilities.
➡️ Generate daily/weekly MIS reports/Dashboards.
➡️ To lead real-time and post-event digital fraud detection across enterprise-wide channels using 1link fractals and a centralized Enterprise Fraud Risk Monitoring Solution (EFRMS).
➡️ Responsible for ensuring proactive detection, response, and control of digital banking fraud threats, minimizing financial loss and safeguarding customer trust.
𝗛𝗼𝘄 𝘁𝗼 𝗔𝗽𝗽𝗹𝘆
Candidates are requested to send their resumes by August 18th, 2025 to jobs@mcbislamicbank.com with the subject line Application for the position of “Manager – Fraud Detection Unit”.