Head - Fraud Risk - NBFC

We are hiring for one of the leading NBFCs. It is a platform in the financial services sector in India set up primarily with the mission of catering to the diverse credit requirements of under-served households and businesses. It is spread across 657 districts in 28 states and 7 Union Territories in India.

JOB OBJECTIVE :

- This is a leadership role leading and managing the Fraud Risk function.

- This role will focus on strengthening the Risk function spanning across Retails products, Co-lending, SME, Supply chain, Mid Corp and NBFC portfolios.

- Also responsible for managing Operational risk, maintaining service standards, cost efficiencies and maximizing resource capabilities, including people.

- Accountable for ensuring a high-quality risk environment that is strictly in accordance with the regulatory and governance policies.

- This is Fraud Risk lead role with end-to-end responsibilities for Fraud Prevention & Investigations across products.

- The Role is expected to handle Retail, Co-lending, SME and Mid Corp lending products related Fraud control and investigation responsibilities (LAP, Personal Loans, Two-Wheeler Loans, Used Car Loans, Business Loans, Supply chain, Digital Lending Products) etc.

- The job involves setting up Fraud Risk team from scratch working in conjunction with senior leaders and partners

- Digitized controls in workflow process to prevent fraud instances

- Leading Fraud related investigations

- Mystery shopping and associated actions

- Regulatory reporting related to Fraud and related controls / instances

- Stakeholder Management to support them with best-in-class processes with digitized innovation and controls

- Evaluating and driving implementation of IT modules for Fraud Risk Control

- Digitized Fraud controls in Loan processes

- Support development of Fraud Control Analytics and reporting

- Efficient stakeholder management- both short term and long term.

- Lead and participate in improvement projects.

- Train and coach team members

QUALIFICATIONS, EXPERIENCE & SKILLS :

Experience : Finance with 10 to 15 years of experience in NBFC, Banks with Retail Lending.

Skills :

- Sound knowledge of Retail Lending across sectors and products including Digital product. Working Knowledge of data analytics and operational metrics.

- Strong analytical abilities and problem-solving attitude.

- Excellent communication and influencing skills.

- Result and action oriented; highly motivated and ambitious.

- Strong project management and execution skills.

- Strong leadership skills with prior experience in leading a large, knowledgeable, and diverse team.

- Experience of and ability to stretch oneself, work under pressure, lead multiple assignments simultaneously and deliver on deadlines.

- Strong work ethic, positive attitude, self-motivated individual having the ability to work individually and as leader of a team.