Assistant Vice President, Business Loan Application Fraud

Job Purpose

Conduct investigations into suspected business banking fraud cases

Job Responsibilities

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.
• Conduct 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.

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.
• 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.