Director - Fraud Risk Control

Opening: Director-Fraud Risk Control

Location: Mumbai

Company: Leading Financial Services Firm

Principal Responsibilities:

- Fraud Control & Portfolio Management / Analysis - Seeding, Process Review, Root Cause Analysis

- Cost Control & Productivity Improvement of the Group

- Design product and processes for the Unit and Interface with Business and Policy

- Reporting to RBI - Key member in closing on Preventive steps

- Market information and Networking with competitors

- Ensure Process Uniformity & Adherence ( Level 3, SOX, Five S, Audit Compliant )

- Automation ( System Implementation for Vendor & Staff Verification, Pre Acquisition, Portfolio )

- Projects : Key member of Application Fraud System ( Experian - Hunter ) and Fraud Risk Register

- Team development and Training

- Must have fraud management experience in the Liabilities side

- Analyse such consolidated and detailed MIS for Fraud Control processes and suggest early warning signals, trends and variances for the region to the business and team

- Monitored and validated fraud risk policies and standards for Retail Banking products

- Organizing Fraud Operations and Risk Trainings for Sales, Operations and Credit Team on fraud triggers and trends prevalent in the market

- Develop and maintain close rapport with Law enforcement agencies.