Head of IBG Scam and Fraud Defence
DBS Bank Ltd is a Singapore-based bank providing personal, SME, corporate, institutional, wealth management, financial markets, and digital banking services. Its clients include consumers, small and medium-sized businesses, corporations, and institutional customers.
About DBS Bank Ltd
DBS Bank Ltd provides banking products and services including accounts, cards, insurance, loans, investments, digital banking, payments, trade finance, foreign exchange, commodities, investment solutions, and derivatives clearing. Through its SME business, it supports businesses with financing, cash-flow management, online banking through DBS IDEAL, sustainability programmes, and business-growth initiatives. The bank serves personal customers, SMEs, corporate and institutional clients, and wealth-management customers across its regional markets.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will own the regional anti-scam and money-mule framework, including fraud-risk appetite, control standards, and escalation thresholds. You will report exposure and trends to senior committees, engage regulators and control functions, lead the pillar leads, secure delivery capacity, and manage responses to major fraud incidents.
Requirements
- Banking experience
- Fraud risk
- Financial crime
- Operational risk
- Regional fraud or financial-crime leadership
- Corporate payment flows
- Cash management
- Trade finance
- RTGS
- FAST
- SWIFT
- Business email compromise
- Payment redirection fraud
- Invoice fraud
- Insider activity
- Mule activity
- MAS expectations
- Anti-scam regimes
- Senior-committee presentation
- Product influence
- Technology influence
- AI-driven fraud detection is preferred
- Behavioural analytics is preferred
- Agentic payment risks are preferred
- Certified Fraud Examiner certification is preferred
- International Compliance Association financial crime diploma is preferred
Responsibilities
- Own the regional anti-scam and money-mule framework
- Define fraud-risk appetite, tolerances, and escalation thresholds
- Set minimum control standards and drive gap closure across markets
- Report fraud exposure, losses, recoveries, and trends to management and risk committees
- Act as a senior contact for regulators, Group Risk, Compliance, and Audit
- Lead pillar leads and set objectives, budgets, and hiring plans
- Secure product and technology capacity to deliver controls
- Lead responses to major fraud incidents, including client and regulator communications