Sr Fraud Specialist / Fraud Risk Manager

Singapore

Key Responsibilities:

• Fraud risk management procedures for day-to-day execution shall focus on key principles including fraud risk assessment, governance, prevention, detection; and monitoring and reporting.
• Develop, implement and maintain the FRM framework (policy, procedures and template) laying out the strategy and direction of fraud risk management and monitoring its adequacy.
• Monitor new regulatory requirements and conduct gap analysis against new regulations/ guidelines and the FRM framework to ensure compliance.
• Research fraud and user behaviour to gain insights into fraud patterns, contribute to machine learning models, rules and other detection systems and to further advance our fraud strategy.
• Develop and provide fraud training for employees to promote fraud risk awareness and ensure relevant employees are trained on the fraud risk policy.
• Identify and report high risk, emerging risk trends and key issues to risk committees.
• Anticipate risks and define appropriate fraud prevention and detection processes.
• Support internal and external audit/assessment engagements.
• Propose changes to further control to ensure we are not susceptible to fraud risk.
• Ensure all fraud prevention and detection measures are effectively implemented.
• Conduct fraud risk assessment on new products and processes.

Desired Skill Set and Attributes:

• Bachelor’s degree in business administration/ finance/ banking/ accounting/ law/ Business Development.
• At least 3 years of relevant fraud risk management experience in financial services, law enforcer, or fraud technology companies.
• Certified Fraud Examiner license an advantage.
• You have a firm understanding of relevant legislation, such as the Police and Criminal Evidence Act.
• You have a strong knowledge of cyber risk and common fraud typologies, along with the emerging trends affecting fraud and financial crime.
• Familiar with MAS regulations on conduct, fraud, information and cyber security, data, technology risk management standards.
• You are comfortable in navigating through occasional situations of ambiguity or uncertainty.
• You are honest and ethical, with high levels of integrity and confidentiality.
• Self-motivated with a strong sense of ownership and accountability.
• Strong ability to work independently and to manage internal and external deadlines.

What We Offer: 

M-DAQ offers competitive remuneration including employee stock options and employee benefits. In 2019, M-DAQ was recognised as the Best Tech Company To Work For.

Please send your latest resume to recruit@m-daq.com with your availability, current and expected remuneration.