Fraud Investigations

Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Job Duties & responsibilities

• Independently manage investigations across banking products with focus on large value frauds, staff accountability study for NPA cases, whistleblower complaints, employee frauds, data leakage incidents, debit card frauds etc. (Previous experience in investigating large value frauds, conducting staff accountability study for NPA is a must)
• Undertake preventive vigilance (includes providing trainings on diverse topics like anti bribery corruption, fraud prevention etc).
• Manage following Reportings:
• Fraud report filing with RBI (FMR 1, 3 & 4), NPCI and RBI Central Payment Fraud Registry reportings
• Group reporting on investigations
• Reportings to Audit Committee of the Board, Board of Directors, Fraud Management committee meetings.
• Provide inputs on improving the Early Warning Signal systems
• Undertake fraud risk assessment of new/existing products including Retail and Corporate Loan products.
• Possessing knowledge of NPCI (National Payments Corporation of India) EFRM(Enterprise Fraud Risk Management)/Visa Risk Monito ring (VRM) will be an added advantage
• Should be able to liaise with BU/SU on fraud related matters.
• Ensure completion of investigation in line with Regulatory guidelines/bank policies
• Ability to handle/liaise with Bank senior stakeholders on frauds matters
• Should be willing to travel for investigation (PAN India) on a short notice
• Experience (Indicate nature and extent of work experience including number of years required, if applicable.)
• Demonstrated track record in investigating large value frauds, complex whistle blower complaints and an eye for fraud prevention with minimum 6-8 years of experience.
• Good interpersonal and communication skills
• Keen analytical and decision-making skills
• Banking background with CFE certification will be an added advantage

Requirements added by the job poster

• 6+ years of work experience with Fraud Investigations
• 5+ years of work experience with Investigation
• 6+ years of experience in Legal