Senior Manager - Vigilance Team - Bank

Hiring for a leading bank

Primary Purpose

- To establish fraud prevention mechanism, Bank needs to form proactive review team which will represents an additional; efficient line of defence against fraud and ensure that necessary safeguards/ preventive measures with respect to frauds are in place.

- The proactive review team will review processes, systems and controls to identify fraud gaps and recommend/implement mitigations leading to strengthening of the internal control framework.

Key Performance Area

- Monitoring of guidelines issued by Regulator from time to time, reviewing these guidelines and recommending the compliance requirements to the Head of FMG

- Ensuring the Fraud Risk Management Policy is up to date with changes in Regulatory requirement as well as changes in Banking Industry

- Evaluation of existing Banking products and processes to identify Fraud Risks

- Evaluation of new Banking products and processes prior to launch to identify potential Fraud

- Risks, its implications and recommend suitable measures to mitigate the same

- Conducting Data Analytics on various data sets within different processes to ensure actual practices are in line with approved policies and procedures

- Handle activities related to RBS - Risk Based Supervision.

- Support the Head FMG in performing Quality Checks prior to submission of all Regulatory

- Reports as well as Internal MIS Report to Senior Management.

Shruthi Acharya
Skillventory