Friday, October 11, 2013

Co-operative Bank of Kenya Fraud Analyst job in Kenya

Are you looking for an Employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? 

The Co-operative Bank of Kenya, “the kingdom Bank” is the place for those looking to new horizons.

We are looking for dynamic, creative and self oriented professional to fill the position of:
Fraud Analyst

The successful person will report to the Head Security Department.
Job Summary:

As a fraud Analyst, the role holder will be responsible for reviewing processes and systems for fraud related internal controls. 


The role holder will also be responsible for data analytics for fraud detection and prevention.

Main Duties:
  • Undertake trend analysis and profile various types of frauds, highlighting weaknesses noted and make recommendations geared towards reducing incidences of frauds within the Bank.
  • Confirm that data trends similar to those of previously confirmed frauds are picked for further review and confirmation.
  • Analyze data from the Bank customer transactional data bases for trends that may indicate fraud.
  • Pick up details of un expected fraud trends and confirm their authenticity with the relevant parties.
  • Assess fraud risks in the Bank’s products and services with a view to recommending controls to detect and prevent the same.
  • Assessment of fraud risk at the organization level, significant SBUs’ and significant account levels.
  • Evaluation of the likelihood and significant of each fraud risk to the Bank.
  • Assessment of the exposure arising from each of the categories of fraud risk.
  • Identifies key fraud risk indicators and formulates MIS that accurately track these indicators
  • Carry out post incidents analysis to understand the loop holes used to perpetrate frauds and make appropriate recommendations.
  • Carry out research on current fraud trends and advise the Bank accordingly.
Job Specification:

The incumbent will be required to possess the following attributes / skills:
  • Bachelor’s degree in either Computer Science,  Information Systems from a recognized university
  • Possess relevant Information Security Certification such as CISSP, CISA / CISM, ISO/IEC 27001.
  • 5 years working experience in forensic auditing or as a Security Analyst in any of the leading Security Agencies. Prior working experience in a Bank will be an added advantage.
  • Understanding of risk and systems security control processes.
  • Good understanding of CAAT’s (Computer assisted audited tools).
Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum Vitae accompanied by copies of certificates and indicating the current remuneration to the address shown below by 18th October, 2013.

We are an equal opportunity employer. 

N.B: Only short listed candidates will be contacted.

Please quote this reference on your application and on the envelope: FRAUD ANALYST - FA/3/HRD/2013

The Director
Human Resources Division
Co-operative Bank of Kenya Ltd.
P.O. Box 48231-00100
Nairobi.