Fraud Risk Head

Security Bank Corporation; Makati; On-site; PHP 3,500,000 - 7,000,000; Full time

Job summary

Security Bank Corporation seeks a Fraud Risk Head to oversee fraud risk governance across the bank, validating controls, and delivering strategic guidance. You will review and report on control effectiveness, while advising senior management and business units on risk mitigation actions.

The role requires a strong background in fraud risk management, disputes handling, and analytics, with leadership experience and relevant certifications. Join SBC to strengthen risk resilience and governance.

Qualifications

• At least 10 years in Fraud Risk Management or related fields.
• At least 5 years in a leadership role.
• Certifications such as CFE, CAMS or CFCS preferred.
• Experience in Disputes Management and Investigation/Case Management.
• Strong auditing and internal control review background.
• Advanced fraud analytics and reporting skills.
• Excellent report writing and presentations to senior management.

Responsibilities

• Provide strategic oversight of CRA and RCSA processes, ensuring effective control validation, implementation of enhancements, and coordination across Enterprise Fraud, Operational Risk Management, and Business Units to drive fraud risk mitigation.
• Oversee fraud risk reports to the Risk Oversight Committee, ensuring KRI consolidation, trend analysis, and control effectiveness monitoring deliver actionable insights for decision making.
• Direct fraud awareness communications and the annual Fraud Advisory Calendar, ensuring advisory support, consultative reviews, and policy alignment to strengthen resilience against fraud risks.
• Oversee fraud control testing activities, ensuring control reviews, testing execution, findings escalation, and remediation monitoring for compliance and fraud risk management.
• Provide governance over fraud-related incident reporting, ensuring case classification, root cause analysis, and remediation tracking under the Issue Actions Register.
• Represent RMG and SBC in governance committees, providing fraud risk leadership and ensuring alignment of corrective actions, compliance plans, and risk mitigation objectives.

Skills

Fraud risk management

Operational risk

Internal audit

Compliance

Investigations

Leadership

Fraud analytics

Report writing

Education

CFE/CAMS/CFCS certifications

Job description

As the Fraud Risk Head, you will be responsible for ensuring effective oversight and governance of fraud risks across the Bank. The role involves reviewing, validating, and reporting on the effectiveness of fraud risk controls that impact the Bank and its customers, while providing subject matter expertise, strategic guidance, and actionable recommendations.

How you'll contribute

• Provide strategic oversight of CRA and RCSA processes, ensuring effective control validation, implementation of enhancements, and coordination across Enterprise Fraud, Operational Risk Management, and Business Units to drive fraud risk mitigation.
• Oversee fraud risk reports to the Risk Oversight Committee, ensuring KRI consolidation, trend analysis, and control effectiveness monitoring deliver actionable insights for decision making.
• Direct fraud awareness communications and the annual Fraud Advisory Calendar, ensuring advisory support, consultative reviews, and policy alignment to strengthen resilience against fraud risks.
• Oversee fraud control testing activities, ensuring control reviews, testing execution, findings escalation, and remediation monitoring for compliance and fraud risk management.
• Provide governance over fraud-related incident reporting, ensuring case classification, root cause analysis, and remediation tracking under the Issue Actions Register.
• Represent RMG and SBC in governance committees, providing fraud risk leadership and ensuring alignment of corrective actions, compliance plans, and risk mitigation objectives.

What we're looking for

• With at least 10 years of relevant experience in Fraud Risk Management, Operational Risk, Internal Audit, Compliance, Investigations, or Financial Crime Risk Management, including at least 5 years in a leadership role.
• Demonstrated expertise in Fraud Risk Management, with relevant certifications (e.g., CFE, CAMS, CFCS, or equivalent) preferred.
• Proven experience in Disputes Management and Investigation/Case Management, including incident review, root cause analysis, and resolution.
• Strong background in Auditing, Internal Control Reviews, and fraud risk assessment to evaluate control effectiveness and identify improvement opportunities.
• Advanced proficiency in Fraud Analytics, including trend analysis, risk identification, monitoring, and fraud reporting.
• Excellent skills in Report Writing and Presentations, with the ability to communicate fraud risks, insights, and recommendations to senior management and governance committees.

About Security Bank

Security Bank is one of the Philippines' best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.

We're recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.

Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes' World's Best Employers 2023 list.

At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): "YOU matter."

Start your BetterBanking career with us today.