Kotak Mahindra Bank - Fraud Detection & Vigilance Role

Key Responsibilities :

- Independently conduct and manage investigation cases into allegations of bribery and corruption / lapses of varying nature and complexity.

- Review of staff accountability for reported fraud cases.

- Review of existing process / rules / procedures with a view to identify control weakness / eliminate or minimise the scope for corruption / malpractices; identify the sensitive / corruption prone spots.

- Review of Red Flagged Account (RFA) of borrower to ascertain existence of weakness or wrongdoing of fraudulent nature, if any.

- Data extraction / compilation and analysis of transactions to recognize and interpret unusual patterns using excel or other applications.

- Formulation and implementation of work plans, service procedures and projects.

- Collection and collation of evidence, preparation of reports.

- Maintain adequate record of Investigation as per internal standards.

Experience & Educational Requirements :

- 4 - 8 years of experience in Vigilance, Internal Audit, RCU, Fraud Control, Risk or related banking functions.

- Graduate/Post Graduate in Commerce, Finance, Management.

- Preferred certifications : CA, CFE, CIA.

Skills & Competencies :

- Strong business understanding of banking operations, risks, and controls.

- Exposure to credit underwriting / credit audits for working capital / term loan / non-fund-based products.

- Fair knowledge of CORE banking applications / MS office.

- Strong analytical mindset, detail oriented with the ability to interpret data and identify trends.

- High ethical standards and ability to handle sensitive information with discretion.

- Effective communication, report writing, and stakeholder management skills.

- Ability to work in high pressure situations and manage time sensitive investigations.