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Urgent! Fraud Risk Manager Job Opening In Singapore, Singapore – Now Hiring GXS
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 Bank, working with the business functions to carry out fraud risk assessments, devise and implement fraud rules, etc.
Job 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 outcomes, global economic impacts and regulatory changes related to financial institutions.
Participate in Risk Management working groups and committee 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
8 - 10 years of work experience with a Bachelor’s degree or better (preferably in a quantitative field).
Good understanding of technology and retail products in the digital banking space.
Familiar with modern and emerging technology techniques and an interest to stay abreast of industry developments (e.g. device intelligence systems, analytical tools and techniques).
Experience in implementing the three lines of defense concepts and its application related to fraud risk policy.
Experience with risk identification, assessment, and mitigation of material risk.
Experience with risk models and ideally ML / Artificial intelligence models.
Possess strong influencing, communication, and presentation skills.
Confident, able to work independently and possess the courage to challenge product development teams and risk decisions made by senior stakeholders, if deemed inappropriate.
✨ Smart • Intelligent • Private • Secure
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Unlock Your Fraud Risk Potential: Insight & Career Growth Guide
Real-time Fraud Risk Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Fraud Risk in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 1784 jobs in Singapore and 1669 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in Fraud Risk roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! GXS is currently hiring and seeking a Fraud Risk Manager to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: Fraud Risk Manager Jobs Singapore.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at GXS adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Fraud Risk Manager Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Fraud Risk Manager typically include Financial Specialists and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
To improve your chances of getting hired for Fraud Risk Manager, consider enhancing your skills. Check your CV/Résumé Score with our free Resume Scoring Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.
Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your Fraud Risk Manager interview at GXS, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the GXS's products or services and be prepared to discuss how you can contribute to their success.
By following these tips, you can increase your chances of making a positive impression and landing the job!
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