Senior Manager - Fraud Control Unit - Bank

Fraud Control Unit (Sr. Manager)

- Screening and sampling of logged in applications across all products through Vendor staff.

- To conduct Contact Point Verification (CPV) and Land Record Verification (LRV), document Verification, Asset verification

- Action on automated processes viz., Hunter, OMNI, LOS during on-boarding Vendor/agency empanelment

- Mystery Shopping

- Verification of Collection agency staff, in absence of police verification

- Once Fraud is detected review of new and existing processes to identify fraud risks and recommend controls.

- Cross interviewing of customers / concerned employees of business associates / internal bank employees to find modus operandi of fraud/ attempted fraud cases Agency Audits

- Monthly Verification of Pledged Commodities and storage structures (warehouses), pledged gold articles, post disbursement verification

- All post Sanction Activities (PSV) under various RL&P products.

- Liaison with Police personnel's on a need basis for filing complaints and following for possibility of fraud recovery.

- Developing market information sources and peer banks (through meetings etc.) to keep abreast of latest fraud trends

- Agency Management and training of FCU Agencies manpower on bank processes and deliverables