Compliance/ MIS Analyst – Strategy, Policy - Kuala Lumpur, Malaysia - OCBC Bank

    OCBC Bank
    OCBC Bank Kuala Lumpur, Malaysia

    2 weeks ago

    OCBC Bank background
    Full time
    Description
    Compliance/ MIS Analyst – Strategy, Policy & Governance LV) Description

    Strategy and Policy

  • Manage projects conducted by FMS and projects by business units which have impact on fraud systems. Be the technical specialist on fraud systems and be responsible to review the capabilities of the fraud systems, liaise with IT support, vendor and business units.
  • Monitor the performance and effectiveness of the fraud systems by applying statistical techniques to identify opportunities to improve the performance of the systems. Based on the results of these analysis, to create new rules and enhance parameters of existing rules for effective fraud detection.
  • Determine and program new rules and parameters in fraud systems.
  • Determine potential fraud networks in OCBC accounts through conduct of analysis on the fraud systems.
  • Subject matter expert on fraud prevention and detection typologies to determine detection techniques, with a view to integrate into the fraud systems.
  • Support User Acceptance Testing.
  • Assist in the review of fraud policies.

    • Governance

  • Develop and enhance fraud MIS reports.
  • Work closely with stakeholders to understand existing MIS gathering and analysis capabilities, propose and implement new capabilities.
  • Prepare the submission of metrics for Senior Management Reporting, where needed. This also includes periodically refreshing and enhancing the reporting formats, KRIs, metrics, etc.
  • Provide advisory to business units so to manage the risk of fraud and scams efficiently and effectively.
  • Provide independent assessment and challenges on the robustness of the internal controls implemented by 1st Line of Defence to mitigate the risk of current or emerging fraud and scam typologies or new products.
  • Collaborate with internal partners in taking swift remediation actions and implementation of enhanced controls so to prevent recurrence of fraud incidents.
  • Drive the Bank's fraud and scam awareness programme among employees and customers.
  • Conduct annual fraud risk assessment to identify areas of significant risk and perform sampling review on these areas to assess the effectiveness of controls.
  • Any other tasks as assigned by the Head of FMS.
    • Qualifications
  • University degree or equivalent preferred.
  • Minimum of 3 to 5 years in fraud, risk, audit or compliance role.
  • Knowledge of the financial services industry, specifically in consumer and corporate banking, private bank is a plus.
  • Have strong analytical skills and risk and control mindset.
  • Have good knowledge of the common fraud and scam typologies.
  • Systematic approach with good organization and planning skills.
  • Knowledge in Microsoft Word, Excel, Power Point, Project Management and other necessary applications.