Senior Fraud Controller - Housing Finance Business

Sr Fraud Controller - Housing Finance Company

The fraud controller is responsible for three major parameters :

- Study the investigation report and conclude the incident as fraud or No Fraud and subsequently report to RBI through FMS

- Implement preventive measures

- Monitor suspicious activities

- The fraud controller is responsible to work closely with FCPG CART and recommend process level changes to process manager for implementation of preventive measures at sourcing and processing stage of account acquisition.

- The FC is required to study the sampling and decline trend of CART to sensitize team to prevent fraud.

- The FC is responsible to go through investigation report and provide input to investigation team for conclusion of the suspicious fraud incident.

- The FC is required to manage mystery shopping reports and seek suitable corrective and employee action with the Zonal Heads

- The FC is also required to suitably close all employee actions along reported by Regional Compliance Committee.

- The FC is responsible for timely closure of all whistle blower cases seeking views from various stake holders.