Lead the investigation function within Financial Crime Security Services (FCSS) India and support business units by way of timely and effective investigations on cases.
Ensure compliance to regulatory requirements related to fraud & misconduct investigations and promote implementation of best practices to enhance this function.
Should be able to identify gaps / weakness if any as part of the investigation process and provide recommendations to enhance the overall control environment within the bank.
Be responsible for developing and implementing policies, standards and practices that are necessary to ensure timely and efficient investigation on cases related to fraud, staff misconduct, wrong doing, bribery & corruption.
Carry out investigations and staff accountability reviews on NPA accounts.
Ensure timely and accurate reporting within the organization and also to regulators.
Coordinate with stakeholders and Group FCSS wherever required to ensure that the investigation framework is continually strengthened.
Responsible for liaison with law enforcement agencies in matters related to frauds.
Job Duties & Responsibilities
Carry out fraud investigations and staff accountability reviews on NPA accounts.
Ensure that the fraud investigations and staff accountability reviews are completed within agreed time lines and reports as per group guidelines are shared.
Internal MIS & Reporting
Ensure that cases are tracked closely, and high-quality reports are published in a timely manner.
Devise metrices and reporting templates which will be placed in internal committees and also to internal teams.
Identify areas for improvements as part of investigation process and highlight the same to stakeholders.
Regulatory reporting of fraud
Reporting of fraud to regulators as prescribed by the regulatory framework.
Ensure that reporting of fraud to regulators is completed within the timeframe prescribed by the regulator.
Engagement with Law Enforcement Agencies and industry
Liaising with LEA for investigation of reported cases of frauds.
Close coordination with fraud risk teams in other banks / organizations and participate in industry risk forums
Collaborate effectively with stakeholders within the bank and also with counterparts in Group to continually enhance the investigation framework.
Audit & Process controls
Ensure adherence to internal policies, guidelines and processes and ensure that adequate support is provided at time of Audit / inspections and ensure that there are no significant findings.
India-Maharashtra-MumbaiOthersRegularFull-timeMar 11, 2019, 8 : 56 : 27 AM