Head - Fraud Containment Unit - Housing Finance Firm

Fraud Containment Unit - Head

Looking for a Head Fraud Containment Unit for one of the leading housing finance firms based at Mumbai Head Office.

Job Description:

- Recruit and build an effective nationwide FCU team within the organization

- Set up periodic and regular MIS and reporting to senior management and heads of department regarding matters related fraud investigations at various locations

- Set up an analytics-based system of triggers to identify suspicious transactions, breach of limits, regulatory violations, etc. and ensure these triggers are thoroughly investigated

- Training the FCU team based on the market data and inhouse investigations on the Fraud cases

- Updating the FCU Policy from time to time and getting the same approved from the Board

- Take call on the cases marked as Negative in the investigation reports based on the facts presented by Credit and Business

- Responsible for 0 revenue leakage for the company due to various Frauds viz document fraud, Identity Fraud, Frauds done using fake business syndicates, Frauds due to fake business setups etc.

Skills Required:

- Exposure of fraud risk management in the retail asset BFSI space

- Ability to build and lead a team

- Proven ability to investigate and take to a logical conclusion all fraud cases including interfacing with law enforcement officers

Experience:

- Should have worked in BFSI

- Should have managed at least Regional Role