DBS Bank - Vice President - Fraud Risk Monitoring & Quality Control

VP,Fraud Risk Monitoring & Quality Control - (170000UP)

Business Function :

We deliver a comprehensive suite of innovative banking services and financial solutions to individuals, ranging from the man-in-the-street to the mass affluent. Providing sound wealth management and financial advisory services, we help our customers make informed decisions about their money and are committed to helping them plan and achieve their life goals. Products and services within the Consumer Banking Group include loans, credit cards, investment and unit trusts, insurance and priority banking.

Job Purpose :

Develop framework and drive fraud identification processes across all channels in Consumer Bank. Ensure implementation of controls and quality measures across the business.

Key Accountabilities :

- Define Fraud (pre-empt) identification process and Develop a framework/model to Minimise Fraud Risk in Consumer Banking

- Track potential fraud exposure and risk areas for business

- Design and implement controls to manage risk, quality control and fraud

Job Duties & responsibilities :

Proactively identify early warning signals by :

- Doing in-depth data analysis and creating anti-fraud measures which can be tracked on regular basis

- Identifying fraud modus operandi through data, incidents, market knowledge

- Track and monitor all channels and products and highlight areas of possible/ emerging fraud, and ensure appropriate Controls

- Develop new metrics and isolate key process indicators of fraud

- Presentation of fraud portfolio trends

- Maintenance of Fraud Incidents Database

- Work in co-ordination with the LCS Team, RMG for effective closure of fraud cases

- Escalate issues to the Top Management with matters related to Fraud Risk

Required Experience :

- Good Controls experience and knowledge

- Extensive data mining / analytical skills experience

- Working with the business in identifying key fraud risk areas and advising of controls to minimise such risks.

- Eye for detail

Apply Now :

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Primary Location : India-Maharashtra-Mumbai

Job : Risk Management

Organization : INDBS300013 - Consumer Banking - Experienced

Job Type : Full-time