Senior Officer Fraud & Vigilance

Job Purpose: Fraud Reporting, Whistle Blower /Anonymous complaints, Law Enforcement Agencies response and allied activities

Job Responsibilities(JR) : 6 8 Areas Actionable (4-6)

• Investigation / Probing
• Reporting
• Correspond
• Probe /Investigate cases pertaining to Fraud/ Whistle Blower / Anonymous / Vigilance with logical conclusion/closure within the defined TAT
• Reporting as per Internal Policy / Guideline /Master Direction
• Tracking/monitoring/Responding of correspondence from Law Enforcement Agencies/Regulators
• Any other review/task assigned by the seniors
• Notes / Reports to Management
• Preparation of Notes/Reports placed before Competent /Management/Board /Authorities
• Tracking of queries and implementation of recommendations
• Database / MIS
• Creation of database, maintaining proper and up-to-date MIS
• Tracking and follow up of queries and implementation of recommendations
• Ensure dashboard on periodic/adhoc data/response/s to stake holders on Fraud/WB/ Vigilance/LEA.
• Preventive Vigilance
• Carrying out measures on preventive vigilance.
• Analysis of existing processes from the perspective of preventive vigilance.
• Keep abreast on market fraud trends and collecting intelligence.
• Conduct training for Business/Other support functions to make them aware about the recent fraud trends.

Educational Qualifications

• Graduation

Certifications

• CFE (Optional)
• AMFI Certification(Optional)
• IRDA Certification(Optional)
• NCFM Certification (Optional)
• CAIIB (Optional)
• Internal Certification

Key Skills

• Banking Product & Process Knowledge
• Regulatory Knowledge on Fraud
• Skillful Communication
• Knowledge of Competition & Current trends in financial Industry.

Experience Required(examples listed below)

• Minimum experience in years 3-5yr
• Exposure to banking preferable

Major Stakeholders(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties)(examples listed below)

• All Internal Units
• Regulators / L.E.A
• Statutory / Regular Auditors