FVP, Fraud Risk Advisor, Compliance

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Job summary

UOB Malaysia seeks an experienced leader to support the Head of Anti-Financial Crime in shaping Fraud risk strategy and implementing robust controls across the Group. You will translate strategic direction into operational execution and report to the Head of AFC.

This role requires deep domain knowledge in Fraud risk, regulatory expectations, and strong stakeholder engagement with Line 1 and Line 2 teams, regulators, and senior management, plus people leadership of the AFC team.

Qualifications

• Bachelor's degree in a relevant field; MBA preferred.
• 8–10 years of experience in financial crime or ABC risks / compliance.

Responsibilities

• Strategic leadership: Develops the fraud compliance strategy and ensures high standards across the UOB Group.
• Advisory: Provides final recommendations for fraud-related escalations and partners with key stakeholders.
• Policies/procedures and training: Designs the Line 2 fraud risk framework; owners policies and training materials.
• Senior Management engagement: Reports on significant fraud compliance matters to senior management and committees; manages reporting metrics.
• Team and capacity management: Manages AFC team, defines roles, hires, trains, and develops staff.

Skills

Fraud compliance

Stakeholder management

Policy design

Training design

Project management

Regulatory knowledge

Education

Bachelor's degree

MBA

Job description

Company: 2201 United Overseas Bank (Malaysia) Bhd About 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.

Job Description Overview of Role

Supporting the Head of Anti-Financial Crime (AFC) to manage the overall Fraud risks of UOB through both setting the strategic direction and operational execution. Reporting to Head of AFC.

Responsibilities and activities

• Strategic leadership Develops an overall strategy for Fraud compliance to ensure Fraud standards and requirements are implemented to a high standard across the UOB Group. Acts as subject matter expert on all Fraud compliance related topics impacting UOB.
• Advisory Provides final recommendations for Fraud related escalations from business and support units. Builds strong partnerships with key Line 1 and 2 stakeholders (particularly in private and wholesale banking).
• Policies/procedures and training Design and implement the Line 2 framework for Fraud risk. Oversees and owns policies relating to Fraud compliance, supporting business units in the implementation of an effective control frameworks. Defines and owns procedures for the Fraud compliance team to ensure robust processes consistent support to business & support units. Defines strategy and oversee delivery of training on Fraud policy requirements and related initiatives. Maintains and update relevant training materials on Fraud compliance to reflect new risks and regulatory requirements.
• Senior Management engagement Review and summarise any Fraud compliance issues/matters that are significant/strategically important to Senior Management and relevant Committees. Oversees metrics and management reporting to relevant Senior Management on Fraud team operations and risk management.
• Team and capacity management Monitors capacity and identify skills/knowledge gaps to ensure the team has the required training, skills, experience and capacity. Manage the team(s), including defining individual roles/responsibilities/goals, hiring, promotions, performance reviews etc. Ensures staff concerned are addressed and team members are given career advancement opportunities in order to maintain high morale and limit attrition.

Job Requirements

• Bachelors degree holder or relevant professional qualification.
• MBA or Master’s degree in Business, Accounting, Legal or related field preferred.
• 8-10 years of experience in the financial industry with a strong focus on financial crime and exposure to Fraud and/or ABC risks / compliance issues.
• Strong understanding of banking industry, especially private and wholesale banking products.
• Strong understanding of regulatory landscape and industry practices relating to Fraud and/or ABC risks / compliance issues.
• Experience writing, owning and operationalising compliance policies in a financial services/banking context.
• Broad understanding of risk management, compliance and corporate governance issues.
• Project management skills and familiarity with project management tools.
• Experience engaging with multiple stakeholders at all levels of seniority, including Senior Management, both in Line 1 business teams and internal control teams.
• Experience working directly with regulators preferred.

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.

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site