Posted By: I Mates Consultants | Posted on: August 10, 2020
India Ernakulam/Cochin/Kochi
1000000-1500000 RS

Job Description:

Profile -  Risk Head l Fraud Risk Management l A Leading Bank

Scope of the Role - Head the banks operations risk unit.

Job Description :

1 ) Identify fraudulent transactions and cancel them from further processing.

2) Maintain fraud analysis models to improve efficiency and effectiveness of company systems.

3)  Ensure confidentiality of all information collected during investigation.

4) Recommend anti-fraud processes for changing transaction patterns and trends.

5)  Recommend new software tools used for fraud detection, prevention and reporting activities.

6 ) Diagnose vulnerability to fraud

7) Detect gaps in anti-fraud controls

A) Identify inherent fraud risk — Gather information to obtain the population of fraud risks that could apply to the organization. 

B) Assess likelihood and significance of inherent fraud risk — Assess the relative likelihood and potential significance of identified fraud risks based on historical information, known fraud schemes, and interviews with staff, including business process owners.

Ideal Candidate -15 years banking experience, out of which 5 years shall be in Vigilance/ Fraud Risk

Operations risk AML Anti money laundering banking risk fraud

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