Description:
KPMG's Forensic Services is a specialised service line within KPMG's Risk Consulting practice, providing robust and practical advisory support to help clients address key risks related to:
- Fraud, misconduct and investigations
- Fraud risk management and fraud detection
- Commercial / Civil disputes advisory and litigation support
- Anti-money laundering. Anti Bribery & Corruption and Sanctions services
- Digital evidence recovery
- Regulatory compliance
As criminal and commercial threats to organizational integrity continue to grow, fraud, corporate crime, disputes, litigation, and rising regulatory demands can threaten reputation, undermine confidence, and expose organizations to regulatory and media scrutiny.
We assist clients in monitoring and responding swiftly to potentially damaging situations to minimize financial, reputational, and operational impact. KPMG Forensic Services aims to equip organizations with tools and services needed to stay ahead of major risks in an increasingly complex environment, delivering solutions that are practical, effective, and tailored to each client's needs.
https://home.kpmg.com/my/en/home/services/advisory.html
Responsibilities:
We are seeking a highly motivated and experienced Manager - Fraud Risk Management to lead our efforts in fraud advisory services, detecting, preventing, and mitigating fraud. The ideal candidate is the one with hands-on experience in fraud risk, including extensive work with fraud monitoring systems and rules engines. You will be responsible for designing and managing the fraud risk management services.
- Work with the team to provide high-quality, professional day-to-day execution of compliance or internal control engagements and projects in line with the Firm's risk management practices for clients across wide range of industries.
- Strategic Fraud Risk Management & Analytics:
- Be able to advise clients on developing, implementing, and refining the overall fraud strategy and risk appetite in alignment with the business objectives.
- Conduct deep-dive data analysis to identify emerging fraud trends, vulnerabilities, and patterns using SQL, Python, or other analytical tools.
- Lead the development of advanced fraud models and strategies, leveraging machine learning outputs where applicable.
- Fraud Monitoring System Management / Advisory
- Serve as the primary subject matter expert for fraud monitoring systems (e.g., SAS Fraud Framework, FICO Falcon, Actimize, proprietary systems).
- Understanding the end-to-end management of the fraud rules engine: design, test, tune, and deploy new fraud detection rules and scenarios.
- Be able to advise on enhancing system capabilities / optimize system performance to balance fraud detection rates with false positives.
- Assist with the opportunity / engagement management process; from proposal preparation, budgeting, completing risk management formalities and reporting.
- Perform engagement planning, scheduling, coordination and administration of engagements as well as ensuring execution of work as per the agreed scope of work.
- Identify control / performance improvement opportunities for clients and communicate findings to the person in charge of the project.
- Produce quality working papers and assist in drafting reports.
- Maintain professional and positive client interaction and relationships.
- Assist in marketing activities and in developing the Forensic practice.
- Contribute to personal and overall team development, through staying up-to-date with related news and regulatory developments.
Requirements:
- Candidate must possess at least a Bachelor's Degree in Accounting; Economics; Finance; Business Administration; Financial Risk Management, Law or any other equivalent qualifications.
- A minimum of 5-7 years relevant experience in advisory firm (Big 4, mid-tier or general consultancy) or working experience in Fraud Risk Management in a Financial Institution / FinTech or Regulatory Body.
- In-depth knowledge of various fraud typologies (e.g., ACH Fraud, Card-Not-Present, Account Takeover, Synthetic Identity, Merchant Fraud).
- Demonstrate good problem-solving skills, experienced in managing projects, self-motivated and possess an inquisitive mind.
- Excellent written and oral communication skills, including technical and business writing and presentation skills.
- Strong analytical skills with proficiency in using data query tools (e.g., SQL) for analysis and reporting. Experience with Python or R is a significant advantage.
- Must have a Certified Fraud Examiner (CFE) or equivalent certification.
