Fraud Detection and Vigilance Team Member-SUPPORT SERVICES-Fraud Detection and Vigilance
- Mumbai, Maharashtra
- Permanent
- Full-time
Location Mumbai - Infinity
Position Grade Senior ManagerJob Role
- Review of Red Flagged Account (RFA) to ascertain existence of weakness or wrong doing of fraudulent nature, if any.
- Review of NPA accounts to evaluate critical non-compliance, negligence and unethical practices credit proposal, documents and adherence to internal processes and applicable regulatory requirements
- Review of staff accountability
- Collection and collation of evidence, preparation of reports.
- To conduct investigation cases into reported frauds as well as into allegations of fraud and corruption of varying nature and complexity.
- Review of existing rules and procedures with a view to identify control weakness/eliminate or minimise the scope for corruption or malpractices.
- To maintain adequate record of Investigation as per internal standard
- CA/CIA/MBA/CFE qualified. Exposure to credit underwriting / credit audits for working capital products. Exposure to non-fund based products.
- Excellent understanding of banking business processes and internal controls related to lending
- Good analytical skills, detail oriented, ability to co-relate, comfortable working with huge data.
- Good Interpersonal and written communication skills
- Hands on knowledge on MS office and banking applications