Executive, Fraud Operations

Maybank; Singapore; On-site; SGD 48,000 - 68,000; Full time

Job summary

A leading financial institution in Singapore is seeking a dedicated professional to manage and review fraud alerts across banking segments. This role involves monitoring transactions, conducting investigations, and liaising with law enforcement. Candidates should hold a Bachelor’s degree in a relevant field and possess strong analytical skills. The position requires teamwork, communication, and the ability to work in a fast-paced environment. A dedication to safeguarding customer and bank interests is essential.

Qualifications

• Willingness to work on a rotating shift schedule, including weekends and public holidays.
• Strong analytical, problem-solving, and investigative skills with high attention to detail.
• Knowledge of cybersecurity principles, fraud prevention techniques, and regulatory compliance requirements.

Responsibilities

• Monitor, analyze, and investigate fraud alerts using internal and external tools.
• Conduct transaction verification and customer confirmation calls.
• Maintain whitelist parameters to minimize false positives.

Skills

Communication

Teamwork

Education

Bachelor’s degree in Finance, Business, Information Technology, Cybersecurity, or a related discipline

Job description

Overview

Manage and review fraud alerts generated by multiple monitoring systems across all banking segments, and liaise with law enforcement and relevant authorities as required. Provide 24/7 fraud monitoring support to enable early detection, prevention, and mitigation of fraudulent activities across the Bank’s products and services.

Responsibilities

• Monitor, analyze, and investigate fraud alerts using internal and scheme-based tools for card transactions (Issuing, Acquiring, and ATM) as well as e-payment transactions.
• Conduct transaction verification and customer confirmation calls to validate suspicious activities.
• Maintain and manage whitelist parameters to minimize false positives while ensuring effective fraud detection.
• Handle customer-reported cases of unauthorized or suspicious transactions in accordance with internal procedures and regulatory requirements.
• Respond promptly to urgent requests from the Commercial Affairs Department (CAD) or regulatory and enforcement authorities, including account freezing outside normal business hours.
• Provide accurate account and transaction information to support internal reviews, regulatory inquiries, and external investigations.
• Perform preliminary investigations into suspected fraud or scam cases, including evidence gathering, documentation, and case escalation where necessary.
• Analyze data from confirmed fraud cases to identify emerging fraud patterns, trends, and control gaps, and contribute to continuous improvement of fraud prevention measures.

Job Skills

• Communication
• Teamwork

Qualifications

• Bachelor’s degree in Finance, Business, Information Technology, Cybersecurity, or a related discipline.
• Willingness and ability to work on a rotating shift schedule, including weekends and public holidays.
• Strong analytical, problem-solving, and investigative skills with high attention to detail.
• Knowledge of cybersecurity principles, fraud prevention techniques, and regulatory compliance requirements, including AML and financial crime controls.
• Proven team player with strong interpersonal and communication skills, able to engage effectively with internal stakeholders, customers, and external authorities.
• High level of integrity, responsibility, and commitment to safeguarding customer and bank interests.
• Ability to adapt quickly and perform effectively in a fast-paced, constantly evolving environment.