Associate, Fraud Intelligence

Job Description

This role is an opportunity to develop and grow Group Fraud Intelligence within Fraud Risk Management (FRM).The job will involve proactive and reactive elements to identify, assess and action Fraud risk exposures. The role holder will be required to support scoping of reviews, deliver written FRM Intelligence products and contribute to briefings to key relevant stakeholders.In addition, the successful candidate will keep abreast of emerging global Fraud risks/trends as they apply to SCB, contribute to Horizon Scanning processes, and report on these to relevant stakeholders and develop strategies to measure the banks exposure to the risks. This will include the analysis of open source information, preparation of fraud-related intelligence threat assessments and other intelligence products, liaison with internal/external stakeholders and proactive analysis of internal data.Strategy Contribute to the development and execution of the Group Strategic Intelligence strategyBusiness Analyse impact of fraud-related matters on the relevant business area and its operations.Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.Support Fraud Risk Management by producing actionable intelligence products relating to various fraud events that have occurred (or may occur) effecting SCB, its clients, regulators or law enforcement.The role will include, inter alia, analysis of accounts, transactions, methodologies, client documentation and all other internal and open source information which is available and required to fulfil the objectives stated in the Intelligence Terms of Reference.The role holder will be expected to identify, assess, initiate and complete intelligence requirements from inception, following the correct governance procedures, though to completion, reporting and liaising with other FRM colleagues and stakeholders throughout the Group.Processes Provide updates and results from reviews to relevant stakeholders to support the Group s fraud defences.Support the FRM team in identifying sources of internal data with relevance and application to its work.Support and adhere to the FCC/FRM processes and requirements.Ensure the suitability, completeness and quality of case data maintained on the case management system for reviews/activity performedPeople and Talent Support a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.Collaborate closely with FRM colleagues, as well as other stakeholders such as HRCU to support holistic risk managementExecute actions, where assigned, from reviews and analyses performedRisk Management Identify and action fraud-related intelligence for typology studies, threat assessments, and client risk exposure assessments from various internal/external sources. Relate risks found to SCB and disseminate actionable intelligence products as appropriate.Identify fraud risk indicators that impact SCB and its clients; and develop analysis methodologies to assess risks arising from products / segments / geographies / customers / transactions.Analyse significant Fraud risk events to ensure that all connected parties, particularly cross-border, are identified and reported at the appropriate levels internally as well as externally across all relevant jurisdictions.Provide intelligence (to internal forums and colleagues) on specific clients, client-types and emerging fraud risk typologies.Work collaboratively to develop recommendations with relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from intelligence reviews.Inform senior management promptly of serious compliance/regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.Brief and advise relevant stakeholders on outcomes of intelligence reviewsGovernanceAttend and contribute to relevant team and leadership meetings.Propose control/process improvements, enhancements and simplifications where appropriate.Attend and meaningfully contribute to any team huddles , Horizon scanning and roundtablesRegulatory & Business Conduct Display exemplary conduct and live by the Group s Values and Code of Conduct.Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.Support the FRM Intelligence team to achieve the outcomes set out in the Bank s Conduct PrinciplesEffectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.Key Stakeholders Head, FRMHead, Fraud IntelligenceHRCU colleaguesFRM ColleaguesShared Investigative ServicesOther Responsibilities Embed Here for good and Group s brand and values in FRMPerform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.QUALIFICATIONS: Training, licenses, memberships and certifications Exposure to business intelligence, market research, law enforcement, regulatory or professional services. Having similar experience and/or applicability of experience to Fraud risk and intelligence gathering is an advantage.Good data analysis, data mining skills; experience in using similar type tools or software; as well as an ability to work with macros and statistical modellingExperience in horizon scanning, structured analytics techniques, transactional analysis and open source research will be beneficialGood knowledge of IT systems and Bank IT infrastructure would be an added advantageStrong interpersonal skills. An ability to get along well with others and to build networks and relationshipsExcellent communication and business writing skillsA proactive attitude to support continued effectiveness and efficiency gainsProposition 1 - A diverse cultureWe are committed to building a culture that fosters a diverse and inclusive environment that s free from bias, where everyone can realise their full potential and make a positive contribution. This is just one of our values that is expressed in our brand promise here for good. Apply Now.,

Keyskills :
ata mining data analysis open source risk management law enforcement writing skills market research