Job Description

OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world\xe2\x80\x99s most highly-rated banks, with an Aa1 rating from Moody\xe2\x80\x99s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World\xe2\x80\x99s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

Division Description

Group Legal and Compliance (GLC) supports the Bank in all legal, regulatory and compliance matters. The division ensures that the Bank\'s businesses comply with policies, procedures and relevant laws, rules and regulations issued by Monetary Authority of Singapore and other local regulators.

Apart from being a legal advisor on litigation, trademark filings and other legality issues where relevant, GLC plays an important role as undertakers of the bank-wide regulatory compliance and anti-money laundering initiatives. This includes developing policies and procedures to manage and mitigate risks relating to money laundering and financing of terrorism, as well as monitoring, detection and combating of money laundering and financial crime activities.

Key Responsibilities:

• Subject matter expert on fraud prevention and detection typologies.
• Investigate external and/or internal fraud escalation in a proper and timely manner.
• Analyse on escalated cases to discover and bringing down potential network of fraudulent accounts.
• Work closely with law enforcement agencies, such as timely filing of reports, blocking of accounts, and dissemination of intelligence.
• Identify new and emerging fraud patterns and anti-fraud typologies.
• Perform fraud analysis to enhance the fraud system rules and parameters.
• Conduct post-mortem and provide feedback on post-event, to business units and stakeholders.
• Prepare investigation reports.
• Actively support the Group\xe2\x80\x99s Anti-Fraud strategy and functions.
• Support User Acceptance Testing.
• Any other tasks as assigned by the Head, Group Anti-Fraud

Qualifications

The ideal Candidate will meet the following requirements:

• University Degree or equivalent preferred.
• 3 to 4 years\xe2\x80\x99 experience in fraud surveillance and/or transactional monitoring.
• Strong knowledge of how fraud rules work and the key fraud indicators.
• Knowledge of consumer and/or corporate banking, with knowledge of various payment channels an added advantage.
• Analytical and self-initiated to resolve issues, with demonstrated ability to understand and identify appropriate solutions and/or alternatives.
• Demonstrates success in working independently and within a team, with leadership potential apparent
• Able to work under intense pressure, including to go on 24/7 standby during a wider scam attack.
• Proficient level of interpersonal and communication skills.
• You will be required to work rotating shifts (inclusive of public holidays), and the team operating hours are 24 hours by 7 days and are subjected to change without prior notice. Details of your shifts will be provided to you separately.

At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.

*We regret that only shortlisted Candidates will be notified.

OCBC Bank