Job Description
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
The Director Fraud Risk (Transaction Fraud) is a permanent role that requires strong business acumen and deep knowledge and experience in the Fraud Risk domain for CPBB. The role will focus on the Transaction Fraud risks associated with Cards, Payments, and post onboarding Client journeys. The role reports directly to the Director Fraud Risk (Head Transaction Fraud). The successful candidate is required to:
• Have a strong understanding of operating in a second line capacity within a Fraud Risk Management organisation,
• Respond flexibly and collaboratively to evolving business, regulatory and threat requirements.
• Work closely with the CFCC organization and other stakeholders to manage Fraud Risk
• Provide oversight and challenge of Fraud Risk Management and control effectiveness as a risk partner to Businesses as defined in the Operational Risk Type and Enterprise Risk Management Frameworks and under delegation from the Head, Fraud Risk.
• Provide input on the operating model of Fraud Risk Management design of relevant 1st line business processes.
• Implement the vision, strategy, direction and leadership consistent with the vision and strategy for CFCC and in support of the Group's strategic direction and growth aspirations.
• Provide inputs for setting of new/ targeted standards, fraud training & awareness, Group Risk Assessments
Business
This position will ensure that the management of Fraud risk is operating effectively and efficiently within the Business. The role will also:
• Provide assurance that Fraud risk is appropriately managed within the relevant Business.
• Support the Head Fraud Risk, CPBB to effectively manage Fraud risk
• Work closely with the Head of Fraud Operations, and the Business CROs, COOs, CISO, CIOs and Operational Risk Officers, as well as other key stakeholders to drive fraud risk management requirements, make decisions based on current and possible future policies, practices, and trends, and keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to Fraud.
• Provide inputs to assist in setting priorities for Fraud risk strategy and investment based on acceptable risk tolerance and considering the evolving threat and regulatory landscape, policies and standards, and technology infrastructure.
• Provide regular Fraud Risk reporting and management information to aid decision making and support.
• Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Strategy
The Director Fraud Risk (Transaction Fraud) is a permanent role that requires strong business acumen and deep knowledge and experience in the Fraud Risk domain for CPBB. The role will focus on the Transaction Fraud risks associated with Cards, Payments, and post onboarding Client journeys. The role reports directly to the Director Fraud Risk (Head Transaction Fraud). The successful candidate is required to:
• Have a strong understanding of operating in a second line capacity within a Fraud Risk Management organisation,
• Respond flexibly and collaboratively to evolving business, regulatory and threat requirements.
• Work closely with the CFCC organization and other stakeholders to manage Fraud Risk
• Provide oversight and challenge of Fraud Risk Management and control effectiveness as a risk partner to Businesses as defined in the Operational Risk Type and Enterprise Risk Management Frameworks and under delegation from the Head, Fraud Risk.
• Provide input on the operating model of Fraud Risk Management design of relevant 1st line business processes.
• Implement the vision, strategy, direction and leadership consistent with the vision and strategy for CFCC and in support of the Group's strategic direction and growth aspirations.
• Provide inputs for setting of new/ targeted standards, fraud training & awareness, Group Risk Assessments
Business
This position will ensure that the management of Fraud risk is operating effectively and efficiently within the Business. The role will also:
• Provide assurance that Fraud risk is appropriately managed within the relevant Business.
• Support the Head Fraud Risk, CPBB to effectively manage Fraud risk
• Work closely with the Head of Fraud Operations, and the Business CROs, COOs, CISO, CIOs and Operational Risk Officers, as well as other key stakeholders to drive fraud risk management requirements, make decisions based on current and possible future policies, practices, and trends, and keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to Fraud.
• Provide inputs to assist in setting priorities for Fraud risk strategy and investment based on acceptable risk tolerance and considering the evolving threat and regulatory landscape, policies and standards, and technology infrastructure.
• Provide regular Fraud Risk reporting and management information to aid decision making and support.
• Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations
💡 Quick Summary
Seeking a career-building opportunity? The Director Fraud Risk |Transactions| CPBB position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
