Fraud Risk Manager

Job description

​Charterhouse Partnership is partnering with growing Financial Institution to source for a Fraud Risk Manager, reporting to the Chief Risk Officer, you will take ownership in developing, executing, and upholding the Fraud Risk Management framework, which includes establishing policies, procedures, and templates that articulate the strategy and course of action for managing fraud risks.

Responsibilities

Your responsibilities will include executing daily fraud risk management procedures, with a focus on prioritizing key principles such as fraud risk assessment, governance, prevention, detection, monitoring, and reporting. Additionally, you will be required to monitor shifts in the fraud landscape and industry practices, and enhance the fraud risk strategy to ensure sufficient controls are implemented across FRM to address these changes.

You will also be expected to take the lead in overseeing the fraud investigation team, conducting fraud incident responses, including impact assessment, investigating modus operandi, escalation, and remediation.

Furthermore, you will participate in risk management committee meetings, evaluating the impact of emerging risks on FRM, and conducting fraud risk assessments on new products and processes.

Requirements

To be qualified for this opportunity,

• A minimum of 10 years of pertinent experience in fraud risk management within financial services, law enforcement, or fraud technology sectors.

• Proficiency in digital banking, digital security, understanding of the fraud landscape, fraud risk models, various fraud schemes (e.g., Trojans, injections, and social engineering), fraud prevention/detection, and fraud investigation.

• Familiarity with MAS regulations concerning conduct, fraud, information and cyber security, data, and technology risk management standards (e.g., MAS 641) and relevant legislation (e.g., Criminal Evidence Act, Payments Services Act, and Personal Data Protection Act) will be advantageous

• Self-driven, able to work independently, and possesses effective verbal and written communication skills.

• Analytical mindset with keen attention to detail.

• Additional experience in forensics/data analytics and/or proficiency in data mining and cyber forensic tools would be advantageous.

For more information on this opportunity, please reach out to Xuan Kwok at XuanK@charterhouse.com.sg or call 6950 0354 for a confidential chat.

We regret to inform that only shortlisted candidates will be notified.

*Preference for candidates who DO NOT require work visa sponsorships*

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