Fraud Risk Compliance Manager

We have a requirement of a Fraud Risk Compliance Manager

Experience: 2-5 Years

Please find below JD for FRC Manager.

Job Title: Fraud Risk Compliance Manager

Location: Mumbai,Mulund

Job Type: Full-time

Responsibilities:

- Conduct comprehensive fraud risk assessments to identify potential vulnerabilities.

- Develop and implement fraud risk mitigation strategies and controls.

- Monitor and analyze fraud trends and patterns to proactively identify emerging risks.

- Maintain and update the fraud risk register.

- Develop and implement compliance policies and procedures related to fraud prevention.

- Ensure compliance with relevant laws, regulations, and industry standards.

- Conduct regular compliance audits and reviews.

- Provide guidance and training to employees on fraud prevention and compliance.

- Conduct thorough investigations of suspected fraud incidents.

- Collect and analyze evidence, interview witnesses, and prepare detailed investigation reports.

- Report fraud incidents to senior management and regulatory authorities as required.

- Recommend and implement corrective actions to prevent recurrence.

- Develop and maintain fraud prevention policies, procedures, and guidelines.

- Ensure policies and procedures are up-to-date and aligned with best practices.

- Communicate policy changes and updates to relevant stakeholders.

- Develop and deliver fraud awareness training programs for employees.

- Promote a culture of ethical conduct and compliance throughout the organization.

- Educate employees on fraud prevention techniques and reporting procedures.

- Collaborate with internal departments (e.g., Legal, Internal Audit, Finance) and external stakeholders (e.g., law enforcement, regulatory bodies).

- Build and maintain strong relationships with key stakeholders.

- Provide regular updates and reports to senior management.

- Monitor the effectiveness of fraud prevention and compliance programs.

- Generate regular reports on fraud risk and compliance activities.

- Track and analyze key performance indicators (KPIs) related to fraud and compliance.

Required Skills:

- Fraud Risk Management: Strong understanding of fraud risk assessment and mitigation techniques.

- Compliance Management: Knowledge of compliance regulations and best practices related to fraud prevention.

- Investigation Skills: Proven experience in conducting fraud investigations and preparing investigation reports.

- Analytical Skills: Strong analytical and problem-solving skills.

- Communication Skills: Excellent verbal and written communication skills. -

- Policy Development: Experience in developing and implementing policies and procedures.

- Training and Presentation Skills: Ability to develop and deliver training programs.

- Stakeholder Management: Ability to build and maintain relationships with stakeholders.

- Reporting Skills: Proficiency in generating reports and analyzing data.

Required Experience:

- Proven experience in fraud risk management, compliance, or related fields.

- Experience in conducting fraud investigations.

- Experience in developing and implementing compliance programs.

- Knowledge of relevant laws and regulations related to fraud and compliance.

Preferred Certifications:

- Certified Fraud Examiner (CFE)

- Certified Compliance & Ethics Professional (CCEP)

- Certified Internal Auditor (CIA)