Credit Fraud Expert

at  ING

You advice and implement controls to increase the fraud resilience of credit processes and ensure that the relevant 2 LoDs are effectively leveraging each others capabilities. As credit fraud expert:

• You analyse end-to-end credit processes (origination, in-life and restructuring) and identify potential weaknesses for fraud
• Develop and maintain a comprehensive credit fraud framework that covers all business lines, products, decision tracks and 1 / 2 LoD perspective
• Liaise with relevant group functions and other locations on the development in (credit) fraud modi operandi and ensure that relevant lessons learned and best practices are continuously shared
• Develop and monitor relevant learning journeys for credit community including Front office, credit management and restructuring unit) to ensure that adequate assessment and management of fraud risk remains top of mind
• Manage the relevant stakeholders in the fraud community including Fraud & Cybersecurity tribe, Non-Financial Risk, Product Tribes and Credit Management teams
• Develop and challenge the relevant (credit) policies and ensure that latest insights with respect to credit fraud modi operandi are correctly reflected in the relevant controls and requirements incl. digital and model-based decision journeys
• Drive embedding of automated fraud checks in target processes (e.g. BLEND, automated decision flows) and assess their effectiveness and efficiency to ensure that ING does not create a false sense of security

YOUR ROLE & WORK ENVIRONMENT

You will report directly to the head of Credit Management. Credit Management is a dynamic team consisting of 65 credit analysts, decision makers and portfolio managers being accountable for managing credit risk across all portfolios. Your scope covers as well the entire Belgian credit portfolio including Personal Lending (mortgage and consumer loans), Business / Wholesale Lending and (Asset-based) Products. Your support, advise and execution ability ensure that the automated and manual credit processes become more fraud resilient.
As a credit fraud expert, you analyse vulnerabilities in the credit chain, identify early warning signals, ensure implementation of proper controls and facilitate the sharing of lessons learned within the risk departments and with the first line of defence. You also play a pivotal role in aligning the different local and global stakeholders and drive the further maturation of the risk culture. Given recent developments, the initial focus will be on retail banking and asset-based products.

YOUR KEY RESPONSIBILITIES

You advice and implement controls to increase the fraud resilience of credit processes and ensure that the relevant 2 LoDs are effectively leveraging each others capabilities. As credit fraud expert:

• You analyse end-to-end credit processes (origination, in-life and restructuring) and identify potential weaknesses for fraud
• Develop and maintain a comprehensive credit fraud framework that covers all business lines, products, decision tracks and 1 / 2 LoD perspective
• Liaise with relevant group functions and other locations on the development in (credit) fraud modi operandi and ensure that relevant lessons learned and best practices are continuously shared
• Develop and monitor relevant learning journeys for credit community including Front office, credit management and restructuring unit) to ensure that adequate assessment and management of fraud risk remains top of mind
• Manage the relevant stakeholders in the fraud community including Fraud & Cybersecurity tribe, Non-Financial Risk, Product Tribes and Credit Management teams
• Develop and challenge the relevant (credit) policies and ensure that latest insights with respect to credit fraud modi operandi are correctly reflected in the relevant controls and requirements incl. digital and model-based decision journeys
• Drive embedding of automated fraud checks in target processes (e.g. BLEND, automated decision flows) and assess their effectiveness and efficiency to ensure that ING does not create a false sense of security.

You represent your department in a wide variety of change projects

• You participate as credit fraud expert or project lead in Risk & FO projects
• You are able to represent your department as the credit fraud expert and take the necessary decisions on behalf the department
• You are the go-to person for credit fraud expertise. Providing guidance and knowledge on all aspects (regulation, policies, structuring requirements, controls, modi operandi, red flags etc. …)
• You pro-actively and systematically seek to improve credit fraud resilience within ING Belgium

A clear purpose, a unique offer and a range of flexible compensation and other benefits:

• Personal growth & challenging work with endless opportunities to realise your ambitions
• An informal, dynamic environment with innovative colleagues supporting your endeavours
• A progressive and agile way of working, where new ideas are valued ahead of conventio