Fraud Operations - Bank (Up to $4500) #NKA

Roles & Responsibilities

Location: Kovan/Yio Chu Kang

Duration: 12 months contract

Working Hours: 24 hours operating format; 12 hours rotating shift i.e. 9am to 9pm or 9pm to 9am with 1 hour meal break; Shift pattern: Work 2 days, Off/Rest 2 days; 44 working hours per week; Must be able to work Sat/Sun/PHs when roster)

Salary: $3,500 - $4,500 plus shift allowance of about $300

Job Responsibilities:

• Manage and review fraud alerts generated by multiple monitoring systems across all banking segments, and liaise with law enforcement and relevant authorities as required.
• Provide 24/7 fraud monitoring support to enable early detection, prevention, and mitigation of fraudulent activities across the Bank’s products and services.
• Monitor, analyze, and investigate fraud alerts using internal and scheme-based tools for card transactions (Issuing, Acquiring, and ATM) as well as e-payment transactions.
• Conduct transaction verification and customer confirmation calls to validate suspicious activities.
• Maintain and manage whitelist parameters to minimize false positives while ensuring effective fraud detection.
• Handle customer-reported cases of unauthorized or suspicious transactions in accordance with internal procedures and regulatory requirements.
• Respond promptly to urgent requests from the Commercial Affairs Department (CAD) or regulatory and enforcement authorities, including account freezing outside normal business hours.
• Provide accurate account and transaction information to support internal reviews, regulatory inquiries, and external investigations.
• Perform preliminary investigations into suspected fraud or scam cases, including evidence gathering, documentation, and case escalation where necessary.
• Analyze data from confirmed fraud cases to identify emerging fraud patterns, trends, and control gaps, and contribute to continuous improvement of fraud prevention measures.

Job Requirements:

• Minimum Diploma/Degree in Business/Banking with 1 year of experience
• Must be willing to work shifts

Ally
The Outsourcing Team
Recruit Express Pte Ltd
EA: 99C4599

Tell employers what skills you have

Outsourcing
Works Well Under Pressure
Assurance
Enforcement
Fraud
Banking
Prevention
Evidence
Business Process
Business Requirements