Fraud risk management (internal & intermediaries)
Conduct departmental / disciplinary proceedings in vigilance matters, in respect of all employees, including intermediaries
Reports to management, self-preparation of reports, present findings before competent authorities / seniors /management
Ensure dashboard on periodic / ad-hoc data / response/s to stake holders on fraud / wb.
Analysis of existing processes from the perspective of preventive vigilance, and suggest the improvement to central coordinator
Keep abreast on market fraud trends and collecting intelligenceDevelop network for information sources on fraudulent cases.
Investigation / probing reporting correspond probe /investigate cases pertaining to fraud/ whistle blower / anonymous / vigilance with logical conclusion/closure within the defined tat
Reporting as per internal policy / guideline /master direction
Tracking/monitoring/responding of correspondence from law enforcement agencies/regulators any other
Preparing database for investigated cases, findings & management action taken
Tracking and follow up of queries and implementation of new recommendations
Extend assistance/ liaison with cbi / lokpal / police & other agencies in the investigation of cases in order to take the case into logical conclusion.
Handling and issue of orders in appeal, review and revision petitions relating to vigilance matters.
Compliance and legal
Spearhead in criminal matters of financial/ insurance company, represent the company in legal cases drafting comprehensive reports elaborating risk and articulate recommendations regarding the disposition of a case conduct departmental / disciplinary proceedings in vigilance matters, in respect of all employees, including agents.
Identify potential areas of fraud
Identify areas of business and the specific departments of the organization that are potentially prone to fraud and lay down detailed department-wise, anti-fraud proceduresImplementing framework for prevention and identification of frauds and mitigation measures
• good understanding of bfsi sector / or financial transactions • extensive legal exposure in financial institution
Graduate / law graduate or forensic studies (preferred)
A minimum of 3 yrs of over all work experience(with minimum of 2 years in especially in vigilance)
Years of exp
5 to 7 years
Team member-recovery management
Posted 8 days ago