Senior Fraud Policy Strategist – Vice President recruitment

Overview

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States , serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009 , Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Job Description

This role is new to Asia Pacific and would be the first on the team to be based in either Singapore or Hong Kong. This role will be reporting into Fraud Monitoring team in the US.

Conceptualize, design and implement fraud prevention strategy; understand and quantify risks associated with new or proposed process or procedural changes, new products or programs, or changes in business conditions. Document and implement industry best practices; lead cross-functional initiatives to prevent fraud. Work with internal clients to understand, quantify and balance the relationship between revenue, cost and fraud losses (risk vs. reward) and establish fraud communication forums with internal clients and business partners.

Responsibilities

Requirements

Desired Skills and Experience
• Process Design Fundamentals- Green Belt
• End to End cross LOB project management experience
• Compliance/ Operational Risk
• Market knowledge, especially for Singapore, Hong Kong and China