Investigator - Wholesale/SME/Retail Credit

About the Role

Carrying out investigations of suspected frauds/complaints/ frauds with respect to Wholesale / SME / Retail Credit, Internal Vigilance and Staff related cases, assessment of staff accountability, preparation of investigation reports within defined TAT, reporting to internal and external authorities, senior management, and Board.

Key Responsibilities:

- Investigation of suspected frauds/complaints/ frauds with respect to Wholesale / SME / Retail Credit, (borrowers belonging to large/mid corporate/SME/retail segments) including Internal Vigilance and Staff related cases referred by various channels and teams within the group, regulators / external agencies/management, to:

- Ascertain and confirm the perpetration of fraud, lapses, if any

- Understand the modus operandi

- Crystalize the fraud loss/amount, if any.

- Assessment of operational lapses and staff accountability.

- Identification of process gaps and suggesting mitigation measures.

- Drafting and release of investigation reports

- Drafting of the police complaint for legal vetting

- Preparation of fraud monitoring return (FMR) for filing with RBI

- Maintenance of records/documents relevant to each case

- Adherence to regulatory/internal timelines for commencement and completion of Investigations.

- Timely reporting to internal/board committees and regulators as per guidelines.

- Prompt action to instructions from internal committees/regulators/external agencies regarding cases reported as fraud.

- Close coordination with various stakeholders, both internal and external, for the collection and dissemination of information, decision-making, and reporting of findings.

- Should also be able to conduct internal audits independently or as part of a team

Qualifications:

- Post Graduate and/or Chartered Accountant / MBA / Accounting

- Certifications in Financial Risk Management (FMR) / Certified Fraud Examiner (CFE) / Chartered Financial Analysts (CFA) would be an added advantage

Role Proficiencies:

- Relevant work experience of at least 2-9 years in Credit Function / Credit product & processes / Internal Audit / Investigations / Compliance in the BFSI sector

- Proficiency in credit appraisal/disbursal/monitoring process

- Experience in Credit Audit / Investigation / Forensic Audit will be an added advantage

- Good communication (both verbal & written) and inter-personal skills

- Strong MS Word/Excel skills, financial analysis skills

- Ability to prioritize and make decisions in a fast-paced environment

- Ability to work as a part of a team and contribute towards team goals

- Ability to manage multiple tasks/projects and deadlines simultaneously