Assistant Vice President, Business Loan Application Fraud

Job Purpose

Effectiveness

• Achieve targets formalized through Individual Performance Plan – “IPP”.
• Delivery of any adhoc assignment(s) assigned from time to time.

Audit & Compliance

• Ensure compliance to Bank Negara Malaysia guidelines as well as any other job-related manuals
• at all times when discharging duties.
• Management of structural, procedural and strategic controls to ensure areas of work under direct
• supervision do not fail internal and external audits.

Resource Management

• Ensure availability of resources required for fulfilment of own job function.

Reporting

• Regular feedback to any related departments on services/ process/ practices and credit issues in support of the Bank’s activities.

Job Requirements

Effectiveness

To perform duties as described below:

• Conduct business loan application fraud checking, which is in compliance with the existing internal/regulatory guidelines.
• Conduct comprehensive multi-pronged investigations into potential business banking frauds at either loan-origination or post-onboarding, utilising various methodologies including but not limited to CTOS checks, desktop reviews, site visits, analysis of company financial/banking documents for irregularities, debtor/creditor ageing lists evaluations, examination of counterparties, director(s) profiling and internet/media searches.
• onduct real-time detective work including on-site investigations/surveillance at customer premises on discreet basis, as and when required.
• Provide adhoc training where necessary for new hires, if any, on department processes & bank systems.

Audit & Compliance

• Ensure speedy closure of audit actionables, within given deadline.
• Ensure agreed corrective measures are acted on and followed through.

Other Duties

• Ad-hoc reporting and other duties assigned by Head BLAF or Head CFM from time to time.

Job Requirements

• At least 3 years’ experience in business banking lending units and/or business credit underwriting and/or business banking remedial management and/or business banking fraud management/investigation.
• Knowledgeable about credit evaluation for SME, Commercial & Corporate Banking accounts.
• Strong grasp of company financials, cashflows, ratios, etc.
• Well-versed in BNM regulatory guidelines and banking laws.
• Good understanding in Risk & Compliance and legal systems.
• Familiarity with business banking fraud processes is a plus point.
• Knowledge of investigative procedures is a plus point.
• Need to possess a curious/inquisitive mind and competent investigative abilities.
• Good credit evaluation/assessment for companies/firms.
• Good product knowledge for business banking facilities.
• Strong analytical ability, interpersonal and problem-solving skills.
• Effective at communication & conflict management.
• Able to work independently.