VP, Anti-Fraud Business Risk & Control Management

 

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

 

Job Description

 

VP, Anti-Fraud BRCM (Business Risk and Control Management) will be a critical leader in developing, implementing, and overseeing robust anti-fraud strategies and controls for UOB (Thai). This role focuses on minimizing fraud risk, ensuring compliance with relevant regulations, and safeguarding the bank's assets and reputation through effective risk management practices within business operations.

 

Responsibilities

     * Strategy and Policy Development: Develop, implement, and maintain comprehensive anti-fraud policies, procedures, and frameworks aligned with UOB Group standards, local regulations, and industry best practices.

     * Risk Assessment and Control: Conduct regular fraud risk assessments across all business lines, identify vulnerabilities, and design and implement effective mitigating controls. Monitor the effectiveness of existing controls and recommend enhancements.

     * Incident Management: Lead and coordinate the response to identified fraud incidents, including investigation, loss recovery efforts, and reporting to relevant authorities and internal stakeholders.

     * Monitoring and Reporting: Establish and maintain robust fraud monitoring mechanisms, including data analytics and trend analysis, to proactively identify suspicious activities. Prepare and present regular reports on fraud risk profiles, control effectiveness, and incident summaries to senior management and relevant committees.

     * Compliance and Regulatory Adherence: Ensure all anti-fraud initiatives and processes comply with local laws, regulations, and UOB Group's internal guidelines. Stay abreast of emerging fraud trends and regulatory changes.

     * Training and Awareness: Develop and deliver anti-fraud training programs for employees across various departments to enhance their awareness and understanding of fraud risks and controls.

     * Collaboration and Stakeholder Management: Collaborate effectively with internal stakeholders such as Legal, Compliance, IT Security, Internal Audit, and various business units to foster a strong anti-fraud culture. Liaise with external law enforcement agencies and industry peers as required.

     * Technology and Innovation: Evaluate and recommend new technologies and analytical tools to enhance fraud detection and prevention capabilities.

     * Team Leadership (if applicable): Potentially lead and mentor a team of anti-fraud professionals, fostering a high-performance and ethical work environment.

     * Bachelor's degree in finance, Accounting, Business Administration, Risk Management, Law, or a related field. A master's degree or professional certifications (e.g., CFE - Certified Fraud Examiner) are highly desirable.

     * Minimum of 8-10 years of progressive experience in fraud risk management, business risk and control, audit, or a related field within the banking or financial services industry. Proven experience in leading anti-fraud initiatives is essential.

     * Strong understanding of various types of financial fraud, fraud detection techniques, and prevention strategies.

     * Familiarity with relevant local (Thai) and international anti-fraud regulations and compliance requirements.

     * Proficiency in risk assessment methodologies and control frameworks.

     * Experience with fraud detection systems, data analytics tools, and reporting platforms.

     * Excellent analytical, problem-solving, and decision-making abilities.

     * Strong communication, presentation, and interpersonal skills, with the ability to influence and engage stakeholders at all levels.

     * High level of integrity, ethical conduct, and discretion.

     * Ability to work independently and as part of a team in a fast-paced environment.

     * Strong project management and organizational skills.

     * Fluency in both Thai and English (written and spoken) is required.

 

Remark: The Bank requires the checking and collection of criminal records for candidates of this position in order to verify qualifications and/or disqualifications for the job position in accordance with the Bank’s policy.

 

Additional Requirements

 

Develop, Engage, Execute, Strategise

 

Be a Part of the UOB Family

 

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

 

Apply now and make a Difference

 

To apply for this position, please use the following URL:

 

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