VP, Business Risk & Controls_ Group Retail

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

1011 United Overseas Bank Ltd is seeking an experienced professional to lead fraud risk advisory and governance efforts in Singapore. The role focuses on strengthening fraud controls, analyzing risk, and aligning with regulatory expectations across Retail and digital banking.

You will partner with operations, compliance and technology to detect emerging fraud risks, provide actionable insights, and drive risk-informed decision making for senior management.

Qualifications

• Bachelor's degree in Business, Finance, Risk Management, Accounting, or related discipline.
• Strong knowledge of fraud risk frameworks, investigations, surveillance and regulatory requirements.
• Experience designing and enhancing fraud controls, governance processes and risk frameworks.
• Familiarity with fraud analytics, detection models, MI reporting and data-driven risk management.
• Proven ability to manage stakeholders across business, operations, compliance and technology.
• Able to identify emerging fraud risks, perform thematic analysis and propose mitigations.

Responsibilities

• Provide advisory support on fraud risk matters and strategy.
• Influence anti-fraud strategy at business segment level and across channels.
• Conduct fraud risk assessments and ensure risks are identified and managed.
• Develop and implement fraud controls, policies and governance processes.
• Represent the bank in industry/regulatory initiatives and regulatory engagements.
• Produce MI reports and risk insights for senior management; conduct independent control testing.

Skills

Fraud risk frameworks

Fraud investigations

Surveillance

Fraud typologies

Regulatory requirements

Fraud controls design

Governance processes

Fraud analytics

MI reporting

Data-driven risk management

Stakeholder management

Analytical skills

Communication skills

Presentation skills

Retail Banking fraud

Education

Bachelor's degree in Business, Finance, Risk Management, Accounting, or related discipline

Job description

Company: 1011 United Overseas Bank Ltd

About UOB United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Advisory & Strategy

• 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

Governance & Oversight

• 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

Regulatory & Industry Engagement

• 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

Assurance

• Conduct independent 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

Job Requirements

• 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.

Additional Requirements

• Develop (Competency)
• Engage (Competency)
• Execute (Competency)
• Strategise (Competency)

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.