VP, Fraud Risk & Controls Strategy

United Overseas Bank Limited; 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

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.