Posted By
Posted in
Banking & Finance
Job Code
390327
Opportunity with Financial firm for Fraud Risk role
We have an opportunity with one of leading leading financial firm in India for position of COE - Fraud risk.
Job Description :
- Responsible for setting up and implementing anti fraud risk framework at the organization level.
- Defining Fraud Risk Appetite, Framework & establish Fraud Risk Management strategies the groups' retail & wholesale businesses.
- Conduct fraud vulnerability assessments across the Organization
- Conduct theme based reviews basis industry and internal insights
- Identification & implementation of cost-effective tools for fraud deterrent, prevention, detection, response (investigation and remediation).
- Manage the fraud prevention, detection and investigation processes to ensure that fraud cases are identified, solved and reported in a timely and organized manner.
- Remain abreast of industry developments and long-term strategies across the corporation, and all corporate policies &procedures. Provide appropriate and regular assurance reporting and awareness of new trends in relation to Fraud Risk events to senior management.
- Run awareness campaigns, set up whistle blower mechanisms, and conduct periodic training.
- should design and conduct of Fraud awareness training programs and interactive E-learning programs on Fraud Awareness
- Support Whistle-blower framework & sound ethical culture which will in turn support Fraud Risk Management framework.
- Actively participate in selection of systems /tools used for Fraud Risk Management, ensuring enterprise requirements are met and support enterprise framework and policy.
- Proactively communicate with the respective SBU Heads, COOs & CROs fraud risk issues.
- Escalate significant fraud events to members of Risk Committee, SBU Heads, COOs & CROs as appropriate.
- The role will also involve operational risk responsibilities.
Functional Skills :
- Should have hands on extensive experience in Fraud Prevention, Investigations, Forensic Audit, Fraud Risk Assessments and Fraud Awareness trainings.
- In depth knowledge of operational risk, governance and control techniques.
- Knowledge of Risk assessment, risk mitigation, risk event management techniques.
- Should have excellent analytic ability to understand the diverse complex business issues, identifying root causes and recommending solutions.
- Strong understanding of the relationships between businesses and support units within a financial institution and how they impact the overall control environment and audit approach.
- Ability to multitask and work independently on initiatives.
- Field experience in investigations relating to Procurement fraud, Sales/incentives frauds, Forgeries & Embezzlement, Employee misconduct, Bribery & Kickbacks, Ponzi schemes, Phishing &Malware attacks, Securities fraud and Rogue trading.
Experience : 9-14 years
Qualification : CA/MBA with CFE certification will be preferred
If interested, feel free to contact us at 080-42554202.
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Posted By
Posted in
Banking & Finance
Job Code
390327