Associate Director - Fraud Control - Bank

Job Title : Fraud Control

Designation : Associate Director

Qualification : CA/MBA. CFE will be an added advantage.

Location : Mumbai

About Our Client :

Our client is a respected bank. We are looking for a seasoned risk professional for Fraud Control Unit - Associate Director for Mumbai.

Principal Responsibilities:

- Develop fraud control strategy, systems and policies to mitigate fraud risk

- Accountable for all fraud control processes and procedures management including vulnerability assessments

- Conduct investigations of suspect fraud cases and bring it to the logical conclusion with action plan to management

- Represent the company in various risk and legal forums

- Responsible to manage fraud ratios of business within acceptable levels

- Well versed with providing analysis, MIS, Dashboards and presentations to Senior management and stakeholders

- Portfolio risk analysis and management - Identifying the emerging fraud trends and high risk and grey areas and build systems or process to secure or mitigate risk.

- Implement several risk control systems or processes that would strengthen the organization and make it more immune to frauds

- Must have fraud management experience in the Retail, Rural, MSME and SME side

- Conduct routine maintenance and review of fraud detection attributes and adjust effectiveness based on business needs and fraud trends

- Conduct fraud control training and awareness

- Stay current with fraud loss Prevention techniques and technologies and network/benchmark with other best resources available in industry.