Assistant Vice President, Fraud & Investigation

Key Responsibilities

• Assist to develop a structured process for managing fraud risk identification, assessment, reporting, control and mitigation
• Support the development and maintenance of fraud monitoring system to minimize the risk of fraud posed to the Bank and customers
• Assist to develop and maintain the Bank’s fraud risk management policy, guidelines and procedures
• Assist to review the fraud risk assessment completed by BU/SU for new product/service or departmental review
• Carry out thematic reviews and fraud risk analysis on fraud related controls against BU/SU activities, taking a risk-based approach in selection of controls and based on recent fraud trend
• Carry out investigations on potential fraud committed against the bank and ensure compliance with internal and external guidelines and policies
• Provide training on fraud risk management and fraud prevention
• Work with Operational Risk to report the bank-wide fraud KRIs and metrics in Operational Risk Committee

Requirements

• Degree holder in law, finance, accounting, statistics, risk management or related disciplines
• Minimum 5 years hands-on experience in internal fraud prevention, fraud advisory, fraud analytics, fraud monitoring or investigation duties in the banking sector
• Experience in advising on fraud related matters, in particular, fraud risk assessment, fraud analytics and fraud monitoring, especially in digital products and channels
• Experience in system development and project management
• Good understanding of fraud controls and relevant regulatory requirements
• Good command of written and spoken English, Chinese and Mandarin