Senior Manager Fraud Risk Management - Corporate and Institutional Banking

HSBC; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

HSBC seeks a high-calibre professional for the Senior Manager Fraud Risk Management role. Responsibilities include driving fraud risk management strategies, ensuring compliance, and leading a team in a dynamic banking environment. This is an opportunity to make a significant impact in the field of risk management within a major global bank.

Responsibilities

• Drive end-to-end management of fraud risk, including strategy, analytics, and operations.
• Ensure compensation with risk appetite and client experience.
• Build and lead a team for fraud strategy implementation.

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Wholesale Banking serves millions of businesses ranging from small to large corporates, providing commercial customers with a full range of banking services including global trade and receivables finance, multi-currency business accounts, payments and cash management, wealth management and insurance, as well as a comprehensive range of financing solutions. With dedicated Relationship Managers and Product Specialists providing local support and advice across countries and territories, HSBC helps connect customers to opportunities.

We are currently seeking a high-calibre professional to join our team as a Senior Manager Fraud Risk Management.

Principal Responsibilities

In this role, you will:

1. Drive end-to-end management of fraud risk, including strategy, analytics, and operations within the Card Acquiring product globally managed by GPS.
2. Be responsible for the delivery of controls and other mitigation activities, including outsourced controls where relevant. Fraud risk mitigation will encompass both Acquirer and Merchant services, ensuring a balance between risk appetite, client experience, and operational tolerances.
3. Represent Fraud Risk Management in interactions with the DMS Product Team, Business Stakeholders, IT, and Risk Stewards in the Second Line of Defence.
4. Work with Financial Crime Investigations (FCI) and Business Stakeholders to address fraud incidents, minimize losses, impact on clients, and implement remedial actions as necessary.
5. Collaborate with the DMS Product Team to monitor and ensure compliance with obligations and issues set out by Card Schemes, external regulators, and other interested parties.
6. Build and lead a team to deliver the fraud strategy, using stakeholder management skills to achieve buy-in for investment, growth, and change where necessary.