Chief Vigilance Officer - Fraud Risk Management

Chief Vigilance Officer

Maintenance of Vigilance and Fraud Risk Management:

- Formulate procedures to be followed for vigilance and detection of fraud, corruption and other unethical endeavours.

- Perform risk analyses periodically to assess susceptibility and recommend measures for counter action.

- Perform nay relevant checks for compliance with guidelines issued by Reserve Bank of India (RBI) and Central Vigilance Commission (CVC).

- Communicate and cooperate with law enforcement bodies and anti-corruption authorities in regard to fraud investigations.

- Safeguard the secrecy and other sensitive information and reporting structures regarding all operational issues of vigilance.

- Analyze and consult recommendations and reports drafted in advance for operational systems of the anti-fraud division of the bank and it's reporting units.

- Encourage the practice of ethical banking by bringing to the attention the repercussions of unethical behavior.

- Build whistle blower reports and solicit the fear of reprisal for breach of specified rules.

- Enhance internal supervision and auditing functions to minimize and prevent occurrences of fraudulent acts.

- Supervised sensitive transactions and customer accounts to check for suspicious activities.