AVP, Anti-Fraud

Job Description

Why Join
As an Anti-Fraud Specialist at OCBC, you will play a critical role in protecting our customers and the bank from financial crimes. You will be part of a team that is dedicated to preventing and detecting fraudulent transactions and potential victims. This is a challenging and rewarding role that requires strong analytical skills and attention to detail.

How you succeed
To succeed in this role, you will need to stay up-to-date with the latest fraud/scam development and anti-money laundering regulations and trends. You will need to analyze complex data and identify potential fraud risks, and work closely with other teams to implement effective controls. You will also need to communicate effectively with stakeholders and provide training to colleagues on anti-fraud measures and controls.

What You Will Be Doing:

• Lead and coordinate the initiative/requirement from regulatory and head office
• Perform investigations on suspicious and fraudulent transactions/activities, and handle Police intelligence
• Implement upstream scam intervention mechanism to prevent ongoing scams
• Share intelligence with Police for prevention and detection of scams and other fraudulent activities upon receiving stop payment request
• Handle any other requests made by Police for the purpose of prevention and detection of crimes
• Perform Anti-Fraud surveillance and analytics with our real time fraud monitoring tools.
• Perform UAT and Fraud monitoring system support
• Prepare fraud-related data / trend analysis for management reporting
• Communicate and collaborate with the Group and local stakeholders on Anti-Fraud related with Transaction Surveillance Team for filing of any fraud related STR to the JFIU
• Station/ co-locate at Anti-Deception Coordination Centre (ADCC) in the Police Headquarters to facilitate direct and instant communication between ADCC and the bank to: handle stop payment requests to intercept crime proceeds
• Support other ad-hoc tasks as assigned

What We Are Looking For:

• A degree in a relevant field, such as law, finance, or accounting
• At least 5-7 years of experience in fraud investigation or a related field
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Knowledge of Fraud related/anti-money laundering regulations and trends
• Professional certifications, such as CAMS or CFE, are an advantage