Work from Office - 5 days Working Qualifications & Experience: - Education: Bachelor's or master's degree. Advanced degree preferred - Preferable training/certifications in any of these: Fraud Certification (e.g. Certified Fraud Examiner - CFE), any other Risk Certification - Excellent oral & written communication skills in English as well as the local language (If any) - Minimum 3 years of experience in Banking domain particularly knowledgeable and experience in handling entire life cycle of frauds (detection, prevention, investigation, reporting - Strong analytical and problem-solving skills - Excellent verbal and written communication skills - Ability to collaborate effectively with others - Proficiency in Microsoft Office and other relevant software - Responsible for review / modification to Fraud Risk Management Policy and Fraud SOP. Ensuring effective on-ground implementation of the policy/framework - Create/conceptualise EWS - Fraud system to proactively identify and prevent fraud - Proactive Identification/Prevention of frauds : - Review new/existing products/processes from fraud risk perspective -Review alerts from internal/external sources. Analyse/review pattern and trends to prevent fraud scenarios - Handle resolution / closure of alerts / highlight exceptions - Investigation of frauds & Conduct detailed investigation of actual/potential fraud cases - understand the modus operandi, root cause, suggest corrective/preventive actions. Incidents can be reported by internal / external sources - Coordinate/collaborate with stakeholders for conducting/closing investigation effectively / implement fraud prevention strategies / identify areas for improvement - Prepare/finalise detailed fraud report for circulation to stakeholders - Analyse attempted fraud incidents to review for any concerning trends / patterns - Responsible for coordinating/convening Vigil Working Group and CoE meetings as per requirement - Reporting of frauds & Monitoring Status - Monitor key trends in industry, regulatory changes, and best practices to ensure compliance with relevant regulations/standards - Conduct periodic fraud awareness training to employees and stakeholders - Continuously improve the operational efficiency and effectiveness of fraud risk management processes/practices

Mumbai

Assistant Manager - Fraud Risk Lifecycle - Banking 

Job Description for Assistant Manager - Fraud Risk Lifecycle - Banking  in Binary Star SearchX in  Mumbai for (3-5) years of experience. Apply Now!