Fraud Risk Manager

Responsibilities

• Delivering superior financial performance while minimizing potential losses : Develop and maintain the Fraud risk policies and procedures for the Retail portfolio Work with the business functions to ensure adequate risk assessment of new products and programs. Monitor new business as well as the existing portfolio, to identify new and emerging risks Work with analytics personnel to help devise fraud rules / models. Monitor the Fraud Landscape in Singapore to keep abreast of developing fraud methodology.
• This includes development of standard processes, templates and training for fraud risk management.
• Conduct any independent or thematic review as required.
• Define roles and responsibilities for retail fraud risk management, and maintain inventory of critical roles.
• Define and monitor key activities related to fraud risk management and monitoring
• Assist in regulatory and business stress tests on an ongoing basis
• Keep abreast of the regulatory landscape in Singapore particularly on economic oues, global economic impacts and regulatory changes related to financial institutions.
• Participate in Risk Management working groups andmittee forums.
• Develop metrics and reporting dashboards for leadership.
• Collaborate with cross functional groups to execute upon the deliverables and serve as a thought leader on critical initiatives related to fraud risk management.
• Conduct training activities to promote the understanding of fraud risk management requirements, working mechanics and risk / control awareness.
• Benchmark against best practices and industry standards.

Our Ideal Candidate

Job ID R-2024-10-101211