Manages the strategic fraud prevention & detection direction of the Fraud Management Unit order to protect the Bank from organized crime.

Primary Responsibilities (Daily, Monthly)

• Daily preliminary review of fraud case reported through different channels in the system or proactively obtained through dedicated channels of data analytics.
• Review frauds alerts monitored by the junior analyst and prepare daily MIS to be shared with senior management.
• Update the IT team on daily basis for any upgrades to existing rules, system glitches etc

Secondary Responsibilities (Periodic, Quarterly, Annual)

• Review suspicious activity analysis through MIS and Reports for analysis of branch and product wise suspicious activity trends
• Periodically review in updates required of the Fraud Risk Register. (quarterly basis)
• Monthly monitoring of alerts generated, customer’s onboarded for new products/services launched by the bank for a period of 3 – 6 months post launch

Periodically perform sample review of alerts monitored, disposed off and tagged as fraud for each junior fraud analyst over the period of time and perform quality checks. Identify errors or omissions in terms of incomplete notes prepared for each case closed, incorrect tagging of alerts and discuss the same with junior analyst training and improvement purpose

Self-Motivated and Details Oriented to lean any new scope

Interpersonal Communication and High Influential Skills

Excellent Team work

Have exposure to Banking Product or Banking Technology 

Previous Risk Experience in Banking or relatable industry

Previous Experiences in Banking Processes

Strong skills in MS Office; Excel, Access, Outlook, Word, PowerPoint, etc.

4 Skills Fluency in English