Exec / Sr Exec/ Asst Manager, Fraud Application Monitoring | Kuala Lumpur, MY

Hong Leong Bank; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading financial institution in Malaysia is seeking a dedicated individual to join their fraud department. The role involves maintaining records, reviewing applications, and compiling reports to prevent fraud. Candidates should have a Bachelor's degree and relevant experience in financial institutions. Join a dynamic team focused on innovation and excellence in banking.

Qualifications

• 1-2 years of experience working with Financial Institutions.

Responsibilities

• Maintain proper records and audit trails for all work-related matters.
• Review all applications forwarded to FMU and ensure timely decisions.
• Compile accurate and timely monthly reports.

Skills

Microsoft Office

Education

Bachelor's Degree in Law, Banking & Finance

Job description

If you are looking to excel and make a difference, take a closer look at us...

Functional (job responsibilities)

1. Maintain proper records and audit trails for all work-related matters, source documents, manuals, and intellectual assets of the Bank to prevent any compromising situations;
2. Review all applications forwarded to FMU, make decisions, and ensure they are returned within the agreed turnaround time;
3. Update all rejected applications into the negative file on a daily basis in the INSTINCT Database, if required;
4. Communicate regularly with the Credit processing team on fraud trends;
5. Compile accurate and timely monthly reports;
6. Detect suspicious applications and verify with relevant banks for early prevention;
7. Recommend strategies for fraud prevention, detection, and mitigation at the application level;
8. Review and recommend fraud preventive controls/measures to mitigate application fraud;
9. Maintain the fraud database (INSTINCT) to generate MIS reports that help management combat fraud, balance risk and service, reduce costs, and improve productivity, efficiency, processing time, and service quality;
10. Participate in any other projects assigned from time to time;
11. Provide monthly fraud reporting on application performance and detection volume;
12. Perform periodic review of rule performance and maintain confidentiality of all sensitive information relating to the Bank, its business, and customers;
13. Take on additional responsibilities within the fraud department as assigned by superiors or senior team members;
14. Compile and analyze statistics on fraud applications for trend analysis;
15. Compile and analyze statistics for management monthly reports;

Education/Qualification

• Bachelor's Degree in Law, Banking & Finance, or relevant industry experience.

Experience

• Preferably 1-2 years of experience working with Financial Institutions;
• Proficient in Microsoft Office applications or monitoring detection systems for cards or retail internet banking platform RIB.

About Hong Leong Bank

We are a leading financial institution in Malaysia with a century of entrepreneurial heritage. Our comprehensive financial services, guided by a Digital-at-the-Core ethos, have earned us industry recognition for making banking simpler and more effortless. Our digital and physical offerings span nationwide in Malaysia, with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We value diversity, inclusion, and merit, aiming to infuse diverse thinking and skillsets into our organization. Candidates are assessed based on merit and potential. We are digitizing the employee journey to support lifelong learning, career growth, and internal talent development.

Realize your full potential at Hong Leong Bank by applying now.

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