Adecco's Banking & Financial Services Team is recruiting on behalf of a reputable global financial services provider, a subsidiary of a leading international financial services group supporting a major global manufacturer.
Key Responsibilities
1. Pre-Approval Review
Responsible for reviewing high-risk loan applications prior to final approval, including:
- Verifying applicant identity through supporting documentation such as identification, income proof, and address verification.
- Detecting fraudulent documentation including falsified salary slips, bank statements, or inflated asset declarations.
- Cross-checking applicant information with credit bureaus, internal databases, and third-party verification sources.
2. Dealer Review & Monitoring
- Conduct dealer fraud assessments and evaluate legitimacy of vehicle dealers or suppliers, particularly where recurring suspicious patterns are identified.
3. Red Flag Detection
- Review application patterns to identify suspicious indicators such as multiple simultaneous applications, synthetic identities, or false employment information.
- Utilize fraud scoring systems and internal watchlists to identify potentially high-risk cases.
4. Investigation & Escalation
Where fraud is suspected:
- Recommend application holds or rejection decisions.
- Escalate cases for further internal or external investigation.
- Coordinate with Legal and Compliance teams on fraud-related matters.
5. Reporting & Documentation
- Maintain proper audit records for flagged and rejected applications.
- Prepare suspicious activity reports (SARs) in accordance with regulatory and AML requirements where applicable.
6. Post-Approval Credit Review
- Review approved credit cases to ensure compliance with internal credit assessment guidelines.
- Assess the quality and consistency of credit approval processes, including policy deviations and approval justifications.
- Conduct post-mortem reviews on early delinquency or non-performing accounts to determine root causes and recommend improvements.
7. Fraud Trend Analysis
- Monitor alerts generated from fraud detection systems.
- Investigate emerging fraud patterns and behavioural trends.
- Recommend enhancements to risk management controls and fraud prevention measures.
8. Regulatory Reporting Support
- Support CCRIS-related reporting and rectification matters on an ad hoc basis.
9. Project & Process Improvement
- Participate in departmental projects and initiatives to expand and enhance operational scope and effectiveness.
Requirements
- Degree in Business, Commerce, Economics, Finance, Banking, or equivalent.
- Minimum 8–12 years of experience in credit evaluation and/or credit risk management.
- Professional certification such as CCE or CCR is preferred.
- Experience in fraud detection and investigation within a credit environment.
- Exposure to CCRIS reporting and handling regulatory requests would be an added advantage.
