- Conduct investigation / reviews into corporate fraud and financial crime risks in accordance with legal, regulatory, and internal policies.
- Review account / transactions to establish any red flags on fraud and financial crime risks.
- Liaise with internal stakeholders (e.g. Relationship Managers and Business Units) and customers to obtain clarification and corroboration on account / transactions.
- Compile and document case review findings and recommendations on appropriate account strategy to mitigate fraud and financial crime risks identified.
- Where necessary, prepare fraud related evidence for submission to the Authorities or to facilitate FIDREC resolution.
- Support Business Units to respond to fraud and financial crime related issues and queries from both internal and external stakeholders (including the authorities and correspondent banks).
- Ensure timely reporting and escalation of significant risk issues to management.
- Appraise management on investigations statistics and cases of interest.
- Support IT initiatives from a sharing perspective via investigative insights to enhance ongoing anti-fraud monitoring.
- Graduate Degree from a recognized university (preferably Accountancy, Banking, Economics or Law) or relevant professional qualification in financial services or audit.
- At least 5 years working experience in investigations and/or audit, either within the Banking Industry or in law enforcement.
- Strong investigative mindset and attention to details.
- Team player with strong inter-personal and communication skills and ability to network, engage and influence business stakeholders independently.
- Excellent written report and skilled in MS office suites.
- Candidate with trade anti-money laundering experience would have added advantage.
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VP, Fraud and Investigation Specialist, GWB - Singapur, Singapore - United Overseas Bank
Description
VP, Fraud and Investigation Specialist, GWB
Posting Date: 20-May-2023 Location:Singapore (City Area), Singapore,
Company: United Overseas Bank LtdAbout UOB
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.
About the Department
Job Responsibilities
Purpose
We are looking for a passionate and inquisitive individual to join our Financial Crime Investigations Team ("the Team") in Group Wholesale Banking's Anti-Financial Crime Operations. As an investigation specialist, you will assume responsibilities to conduct comprehensive reviews in a timely manner. The individual is also expected to assist in assessing fraud related escalations and prevent the commission of fraud against our customers.
Responsibilities
Job Requirements
Job Requirements
The ideal candidate should possess the following qualities:
