About this role
Business Function
Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.
Head of IBG Scam & Fraud Defence
Job Purpose
To serve as the single accountable owner for scam and mule risk across IBG's regional corporate and institutional client portfolio, driving holistic strategy, governance and cross-functional execution to safeguard the bank and its clients.
Key Responsibilities
- Own the regional anti-scam and money-mule framework, including IBG's fraud risk appetite, tolerances and escalation thresholds
- Set minimum control standards for all markets, track each country's gaps against them and drive closure with market ICs
- Report exposure, losses, recoveries and emerging trends to IBG management, risk committees and the Board risk committee as required
- Act as IBG's senior point of contact for regulators (e.g. MAS shared-responsibility expectations) and for Group Risk, Compliance and Audit
- Build and lead the three pillar leads; set team objectives, budget and hiring plan
- Secure product and tech capacity from HO squads (including IDEAL) to deliver controls on the roadmap
- Lead the bank's response to major fraud incidents affecting corporate clients, including client and regulator communications
Job requirements
Must have
- Minimum 15 years in banking, with 8 years in fraud risk, financial crime or operational risk leadership
- Track record of running a regional fraud or financial crime function across several Asian markets
- Strong grasp of corporate payment flows (cash management, trade, RTGS, FAST, SWIFT) and corporate-specific fraud types: BEC, payment redirection, invoice fraud, insider and mule activity
- Working knowledge of MAS expectations and anti-scam regimes in key DBS markets
- Proven ability to present to senior committees and influence product, tech and business leaders without direct authority
Nice to have
- Experience standing up a new function or operating model
- Exposure to AI-driven fraud detection, behavioural analytics or agentic payment risks
- Professional certification such as Certified Fraud Examiner (CFE) or International Compliance Association (ICA) financial crime diploma
Location
DBS Asia Central
Job
Digital
Schedule
Regular
Employee Status
Full time