Current jobs related to Fraud Management Head Sg - Singapore - CIMB Group

  • Fraud Management Specialist Sg

    7 days ago

    Singapore CIMB Group Full time

    **Responsibilities: Strategy and Planning - Ensure close monitoring of fraud alerts by iCIMB (outsourced service provider) in accordance to established SOP/processes & procedures, avoid fraud losses and ensure timely follow-up actions are taken to mitigate losses. - Performs Fraud Monitoring, Detection & Investigations with relevant stakeholders eg iCIMB/Non...

  • Analyst, Fraud Ops

    1 day ago

    Singapore Standard Chartered Full time

    Job ID: 27549 Location: Singapore, SG Area of interest: Operations Job type: Regular Employee Work style: Office Working Opening date: 6 May 2025 **Job Summary** - Support implementation of fraud risk strategy, with the ‘best in class’s tools, analytical solutions & processes to minimize fraud losses while maintaining and adhering to customer...

  • Head, Aml

    2 weeks ago

    Singapore GXS Bank Full time

    **About GXS Bank**: We are living in dynamic times. Technology is reshaping how we live, and we want to use it to redefine how financial services are offered. Grab is the leading technology company in Southeast Asia offering everyday services to the masses. Singtel is Asia's leading communications group connecting millions of consumers and enterprises to...

  • Head of Fraud Risk

    2 weeks ago

    Singapore HSBC Full time

    **Some careers have more impact than others.** If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Financial...

  • Head of Fraud

    1 week ago

    Singapore HSBC Full time

    -Job description**Some careers have more impact than others.** If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you...

  • Fraud Risk Manager

    3 days ago

    Singapore GXS Bank Full time

    Reporting to the Head of Credit & Fraud Risk, this is a Second Line of Defence role under the Risk Management function. The role is responsible for setting the fraud risk policy and procedures for the

  • Risk & Fraud Analyst

    2 weeks ago

    Central Singapore Emprego SG Full time

    **Location** - Singapore, Central Singapore**Job Type** - Permanent**Salary** - $4,000 - $9,500 Per Month**Date Posted** - 1 hour agoAdditional Details **Job ID** - 100550**Job Views** - 1Roles & Responsibilities **This is Adyen** We took an unobvious approach to starting a payments company, building a platform from scratch. Today, we're the payments...

  • Financial Crime and Fraud Risk Manager

    5 days ago

    Singapore GREEN LINK DIGITAL BANK PTE. LTD. Full time

    **About Us** Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization. We are looking for a Financial Crime and Fraud Risk Manager to grow our business. **Responsibilities** - Develop, formulate, implement, and maintain all relevant...

  • Head, AML

    6 days ago

    Singapore GXS Bank Full time

    About GXS Bank: We are living in dynamic times. Technology is reshaping how we live, and we want to use it to redefine how financial services are offered. Grab is the leading technology company in Southeast Asia offering everyday services to the masses. Singtel is Asia's leading communications group connecting millions of consumers and enterprises to...

  • Senior Fraud Risk Professional

    2 weeks ago

    Singapore beBeeFraudRisk Full time $80,000 - $120,000

    **Fraud Risk Manager Job Overview**This critical role is responsible for setting the fraud risk policy and procedures within a financial organization.Key Responsibilities:Developing and implementing fraud risk management strategies to mitigate potential losses.Collaborating with the Head of Credit & Fraud Risk to ensure effective risk management practices...

Fraud Management Head Sg

2 weeks ago

Singapore CIMB Group Full time

**Responsibilities**:
Strategy and Planning
- Ensure close monitoring of fraud alerts by iCIMB (outsourced service provider) in accordance to established SOP/ process or procedures, avoid fraud losses and ensure timely follow-up actions are taken to mitigate losses.
- Performs Fraud Monitoring, Detection & Investigations with relevant stakeholders eg iCIMB/Non Retail Financial Risk (NFRM)/Customer Experience Team (CXM) etc., and assist with the response to customers/regulators/ABS/Fidrec who has reported the fraud/mules/scam incident.
- Escalates cases with defined escalation criteria to Fraud Risk Management, Singapore to determine if cases should be escalated to Group Corporate Assurance for further investigation.
- Take reasonable measures to recover financial losses and perform corrective actions based on recommendations and investigation report.
- Responsible for periodic and monthly reporting and dashboard as required by Fraud Risk Management Singapore, Compliance SG as well as Group.
- Ensure all investigations are completed within the timeline set out in Group Fraud Risk Policy & Procedures and applicable Process and Procedures.
- Act as key liaison for CBGS Fraud Point-of-Contacts which will be all the DCOROs. Ensure the timely escalations by CBGS DCORO of all Fraud Investigation Preliminary Assessment Report to Fraud Risk Management, SG.
- Work closely with relevant stakeholders (eg Compliance, Legal and Fraud Risk Management on institutionalizing strategies of the applicable procedures and policies relating to Fraud and Scam Management for CBGS.
- Prepare and attend to Fidrec adjudication with relevant stakeholders, if necessary.
- Evaluate all CBGS fraud/scam cases to identify recurring fraud patterns any gaps. Suggest improvements and work with DCOROs and relevant stakeholders on process change, if necessary.
- Regular evaluation and review of existing Fraud rules and ensure efficiency in detection of credit card fraud transactions and online Clicks monitoring rules.
- Perform gap analysis on current controls to ensure sufficient mitigating controls are in place.
- Keep abreast of industry best practices, advisories, consultation papers and consider for adoption within CBGS.
- Strategic role to deliver and implement a sound anti-fraud risk strategy in protecting the customers and the Bank.Devise fraud-specific road map and recommend innovative solutions using technology & or processes to manage, assess, monitor and mitigate these key risks.

Business Performance and Management
- Develop and ensure the Fraud Risk Management framework is effectively embedded and a sound fraud risk awareness culture within CBGS.
- Credit card fraud losses are recoverable and actual losses are within acceptable levels.
- Outsourcing vendors are compliant with requirements set by Outsourcing committee /SLA requirements set by CIMB.
- Act quickly and decisively when any risk and control weakness becomes apparent during investigations and ensure these are addressed within an appropriate timeframe and escalated to the relevant stakeholders.
- To develop and ensure improvement of the operational efficiency and effectiveness of fraud management procedures and processes for CBGS.
- Ensure all audit reviews relating to Fraud/Scams obtain a satisfactory result.Facilitate in identifying a new and effective Fraud/Scam monitoring system with relevant stakeholders as per management direction.

People Management
- Provide directions, guidance and responsible to ensure optimal productivity and performance of the team & outsourced service provider supporting the Fraud functions.
- Work closely with internal and external stakeholders by building strong rapport and escalate issues to management in a timely manner.Develop a collaborative relationship with regulators, SPF, Anti-scam Centre, peer banks and fraud risk industry forums to help detect and mitigate fraud.

Regulatory Compliance
- Develop processes which have controls in place ensuring compliant to all regulatory requirements.
- Ensure all set sales processes and procedures comply with internal, group and relevant regulatory guidelines.
- Responsible for all CBGS audits relating to Fraud/Mules/Scam matters as well as regulator’s queries.Lead the implementation of Bank’s risk management/compliance policies and framework for the Consumer Banking division.

**Requirements**:
**Qualifications**:
Degree/Diploma

Professional Qualification and/or Regulatory, Licensing Requirements

Technical & Regulatory Knowledge relating to Fraud & Scams

Relevant Work Experience

At least 10 years of relevant experience in fraud risk and scams/mules related areas will be preferred

Technical/Functional Skills
- Familiar with relevant Regulatory Acts/Notices/Advisories
- Strong analytical skill and eye for detail
- Good communication and interpersonal skills
- Independent, versatile and able to perform under pressure
- Knowledge of Consumer Banking business practices, processes and proceduresUnd