Understanding the current policy, procedures & processes regarding fraud, risk monitoring and operational framework.

• Develop and sustain a system for Fraud identification and monitoring

• Identify and investigate the method of fraud, modus operandi & RCA wherever applicable

• File police complaint and F.I.R. in coordination with legal & local S&D Team

• Coordinate with Legal expertise for court cases, legal notices, recovery, charge sheets & police final reports

• Timely submission of incident report, investigation reports and subsequent updates

• Coordinate with local S&D Team and internal stakeholders for the documentation part of insurance claim submission

• Minimize fraud related losses by initiating proactive control procedures, early detection system and appropriate follow-up action

Experience:-

• Min. 3 years experience in RCU, FCU in banking

Preference:

• Knowledge of Excel, PPT presentation & MIS