Head - Fraud Control - BFSI

Title Head - Fraud Control

Grade - Assistant Vice President

Experience - 8 -10 Years

CTC Best In Industry

Education - PG

Other Specifications : Bank/NBFC

Deliverables

Operational Risk Management:

- Setting up and managing Fraud Control policies/ procedures and lead investigations

- Implementation of fraud control procedures and execution of new deterrents to fraud

- Building strong relationship with stake holders and ensure adherence to culture with focus on integrity

Financial Management:

- Manage available resources including cost budget, minimize fraud losses & maximize fraud recoveries

- Liaison/ maintenance of effective communication with Law Enforcement agencies and superior association with risk managers of other financial institutions.

Vendor Management:

- Service delivery levels such as Turn Around Time (TAT), Verification Success and First Time Right (FTR)

Reports:

- Vendor Training and Development

Process and Quality Management:

- Continually focus on the control environment within each business processes

- Build a robust control framework and ensure strong corporate governance

- Regulatory compliance

MIS & Analytics

- Reporting of Standard MIS to Management

- Fraud Trend Analysis & Reporting

Required Qualifications:

- Preferred Qualification: Post Graduate any stream

- Incumbent should have minimum 2 years of experience at Zonal Level and should have worked in the capacity of heading the Fraud Control Unit.

- Essentially should have knowledge on recovery processes

- Should be well networked with various legal agencies (Police Administration, courts & various other judiciary bodies)

Mausami Chakraborty
Renovative Consultant
M: +91 8574721963
Phone: +91 522 4113 312