Ant International-Fraud Specialist-ANext Bank

Ant Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Ant Group in Singapore seeks a go-to subject matter expert for its fraud risk management framework, protecting clients and the financial platform from fraud. The role blends strategic thinking with strong analytics, regulatory know-how, and operational execution.

You will lead rule development, monitor alerts, coordinate with AML/compliance, and educate stakeholders on fraud risk. The position requires Mandarin proficiency and a thorough understanding of MAS guidelines.

Qualifications

• 7+ years of experience in fraud prevention, detection, and management in financial institutions or fintech.
• Hands-on experience with daily fraud operations, alerts, and case management.
• Experience in fraud rule management: design, test, and enhance detection rules.
• Strong quantitative and analytical skills for data-driven fraud analysis.
• Familiarity with digital banking, fraud schemes, and risk models.
• Knowledge of MAS regulations and expectations on fraud risk.
• Ability to liaise with law enforcement (e.g., Singapore Police) is a plus.
• Excellent command of written and spoken English; Mandarin required for stakeholders.

Responsibilities

• Develop, maintain, and enhance the bank’s anti-fraud risk management and surveillance capabilities.
• Define business requirements for the fraud surveillance system and detection rulesets.
• Test, review, and optimize fraud risk monitoring rulesets to minimize false positives.
• Perform daily operational tasks: review and clear fraud alerts and cases.
• Coordinate with AML/Compliance to file Suspicious Activity Reports related to fraud.
• Analyze transactional and behavioral data to detect patterns and anomalies.
• Respond to changing fraud landscape with new schemes in digital banking and fintech.
• Conduct post-mortem fraud investigations to identify root causes and remediation.
• Develop and deliver fraud awareness training/materials.
• Prepare management and regulatory reports; monitor MAS requirements.
• Serve as primary contact for Singapore Police on criminal investigations.

Skills

Fraud prevention

Fraud detection

Data analysis

MAS regulations

Liaison with authorities

English proficiency

Mandarin proficiency

Job description

Job description

The successful candidate will be the go-to subject matter expert for our fraud risk management framework, playing a critical role in protecting the bank and our customers from financial crime. This role requires a strategic thinker with strong operational execution capabilities, good expertise in fraud analytics, and a thorough understanding of the regulatory landscape in Singapore.

Job Responsibilities

Fraud Detection and Rule Management

• Be the go-to subject matter expert for the development, maintenance, and enhancement of the bank's anti-fraud risk management and surveillance capabilities.
• Define and provide business requirements for the fraud surveillance system, including the design of detection rulesets, governance protocols, and prevention strategies.
• Periodically test, review, and optimize fraud risk monitoring rulesets to ensure maximum efficacy and minimal false positives.

Fraud Operations and Investigation

• Execute daily operational tasks, including the review, triage, and clearance of fraud alerts and cases generated by the monitoring systems and escalation from other functions.
• Coordinate closely with the AML/Compliance function to ensure timely and accurate filing of Suspicious Activity Reports (SARs) related to fraudulent transactions.

Fraud Intelligence and Preventive Education

• Conduct quantitative analysis on transactional and behavioral data to detect emerging fraud patterns, trends, and anomalies.
• Proactively respond to changes in the fraud landscape, including new schemes related to digital banking, fintech, and payment technologies.
• Perform post-mortem fraud incident investigations to identify root causes, modus operandi, and impact, and ideate remediation actions.
• Develop educational materials to foster robust public awareness.

Compliance and Reporting

• Prepare management and regulatory reports
• Monitor and respond to new regulatory requirements from the Monetary Authority of Singapore (MAS).
• Conduct gap analyses against new regulations/guidelines to ensure bank's fraud management framework remains fully compliant.
• Serve as the primary point of contact for the Singapore Police Force on matters pertaining to criminal investigations involving fraud.
• Develop and deliver fraud awareness training to employees to promote a strong risk culture and ensure understanding of the fraud risk policy.

Job Requirement

• Minimum 7 years of relevant experience in fraud prevention, detection, and management within financial institutions, law enforcement, or fintech industry.
• Proven hands‑on experience in daily fraud operations, including alert/case management and investigation.
• Demonstrable experience in fraud rule management: designing, testing, and enhancing detection rules within a fraud surveillance system.
• Strong quantitative and analytical skills, with experience in data analysis to detect fraud patterns.
• In-depth familiarity with the digital banking ecosystem, fraud schemes, and fraud risk models and capabilities.
• Robust knowledge of MAS regulations and expectations in fraud and scam risk.
• Experience in liaising with law enforcement agencies, such as the Singapore Police Force, is a strong advantage.
• Excellent command of written and spoken English. Proficiency in Mandarin is required to communicate effectively with Mandarin-speaking stakeholders.