Fraud Risk Strategy & Controls VP

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

Job summary

1011 United Overseas Bank Ltd is seeking a seasoned fraud risk professional to lead advisory and strategy efforts, strengthen governance, and drive fraud controls across channels and products. The role emphasizes horizon scanning, MI reporting, and cross‑functional collaboration with operations, compliance, and technology teams.

The ideal candidate will have a strong background in fraud risk frameworks, investigations, and analytics within retail or digital banking, with excellent communication

Qualifications

• Bachelor’s degree in Business, Finance, Risk Management, Accounting, or a related discipline.
• Strong knowledge of fraud risk frameworks, fraud investigations, surveillance, fraud typologies, and regulatory requirements.
• Experience in designing and enhancing fraud controls, policies, governance processes, and risk management frameworks.
• Familiarity with fraud analytics, detection models, MI reporting, and data-driven risk management initiatives.
• Strong stakeholder management skills with the ability to influence business, operations, compliance, technology, and senior management stakeholders.
• Proven ability to identify emerging fraud risks, perform thematic analysis, and recommend effective mitigation strategies.
• Excellent analytical, problem-solving, communication, and presentation skills.
• Experience in Retail Banking, Digital Banking, Cards, Payments, or Consumer Banking fraud risk functions is preferred

Responsibilities

• Provide advisory support on fraud risk matters.
• Influence business segment-level anti-fraud strategy.
• Conduct fraud risk assessments and ensure that fraud risks are identified, assessed and managed within the bank’s risk management framework.
• Drive the development and implementation of fraud controls across channels and products.
• Develop, review and enhance fraud risk frameworks and policies.
• Define and oversee fraud metrics reporting.
• Identify emerging risks through data analysis and horizon scanning.
• Produce management information (MI) reports and risk insights for senior management.
• Represent the bank in industry working groups and forums.
• Lead and coordinate the implementation of industry/regulatory initiatives with internal stakeholders.
• Support regulatory engagements or audits where required.
• Conductindependent review and testing of fraud controls.
• Produce assurance reports with a view to providing independent reporting on control health/effectiveness of Line 1 operations to senior management

Skills

Fraud risk frameworks

Fraud investigations

Data-driven risk management

Stakeholder management

Analytical skills

Communication

Education

Bachelor’s degree in Business, Finance, Risk Management, Accounting

Tools

MI reporting

Fraud analytics

Detection models

Job description

1011 United Overseas Bank Ltd is seeking a seasoned fraud risk professional to lead advisory and strategy efforts, strengthen governance, and drive fraud controls across channels and products. The role emphasizes horizon scanning, MI reporting, and cross‑functional collaboration with operations, compliance, and technology teams.

The ideal candidate will have a strong background in fraud risk frameworks, investigations, and analytics within retail or digital banking, with excellent communication