Corporate Fraud Containment Unit - BFSI

Corporate Fraud Containment Unit

Designation : Corporate Fraud Containment Unit

Job Purpose :

Responsible for Fraud Containment, audit and risk control through advanced technology to deliver a significantly enhanced, comprehensive, dynamic fraud prevention and detection program directed at internal fraud

Experience Required : 15-20 Years

Job Description :

- Managing business needs with focus on advising the business on minimizing risk while striving for customer-centric and compliant solutions.

- Meeting business deadlines for compliance sign-off and advice.

- Managing multiple issues concurrently with the appropriate priority, in a fast paced, comparatively high-risk environment.

- Ensure consistent, dynamic and risk based program for end to end assessment of the effectiveness of branch controls across the country

- Conduct process adherence reviews. Identify risk areas and gaps and publish process review reports to management.

- Conduct regular audits of compliance areas and support the business in driving requisition improvements/resolutions.

- Mitigate compliance risk exposures in Know Your Customer and Anti-Money Laundering related laws and local regulatory requirements, and any other emerging risk areas and related laws/policies.

- Support the business leadership in driving organizational understanding & adherence to the banks Integrity Policies, business specific policies & procedures as applicable.