Head/AVP - Fraud Control

Position: AVP Fraud Controller

Qualification: MBA

Job Role:

Operational Risk Management:

- Setting up and managing Fraud Control policies/ procedures and lead investigations

- Implementation of fraud control procedures and execution of new deterrents to fraud

- Building strong relationship with stake holders and ensure adherence to culture with focus on integrity

Financial Management:

- Manage available resources including cost budget, minimize fraud losses & maximize fraud recoveries

- Liaison/ maintenance of effective communication with Law Enforcement agencies and superior association with risk managers of other financial institutions.

Vendor Management:

- Service delivery levels such as Turn Around Time (TAT), Verification Success and First Time Right (FTR) Reports

- Vendor Training and Development

Process and Quality Management:

- Continually focus on the control environment within each business processes

- Build a robust control framework and ensure strong corporate governance

- Regulatory compliance

MIS & Analytics:

- Reporting of Standard MIS to Management

- Fraud Trend Analysis & Reporting