Fraud Risk Manager - BFSI

NBFC experience Must

JOB RESPONSIBILITY
 
Risk Management :

- Implementation of Fraud Risk Management Framework including Policy and procedures.

- Standard Fraud Risk Management Guidelines for all business and product initiatives of NIPL Management

- regular product tracking with respect to Fraud Risk related projects. Ensure timelines are met as planned

- Management to ensure project deliveries are made as per NIPL requirement and as per the targeted timelines. Risk Services and solutions

- Fraud Risk services/solutions are demonstrated to target groups through workshops, demo sessions etc

- partners for fraud risk services and ensure targets are met as per plan.

- Trend monitoring and sharing of information to stakeholders

- a proactive monitoring of emerging fraud trends globally as well as domestically. Ensure Modus Operandi and root cause analysis is carried out wherever necessary and the trends shared with internal stakeholders, external stakeholders and regulator (case to case basis).

- control measures to mitigate/reduce the impact of emerging fraud trends and publish advisories and guidelines to members with suggestive actions from their end.

- taskforce including various experts from industry for specific fraud trends noticed to design or conceptualize mitigating control measures to contain the fraud.