Associate Director, Fraud Risk Management

As a Fraud Risk Management Specialist at Standard Chartered in Mumbai, your role involves ensuring the effective embedding and communication of the Fraud reporting framework across internal stakeholders. This includes performing activities related to Regulatory reporting, Tranche submissions, and collaborating with relevant country stakeholders for timely submissions to prevent escalations. Additionally, you will need to stay updated on regulatory requirements, conduct root cause analysis on fraud disputes, handle Projects and new systems, and provide support for FRAs and GAP analysis from a 1st line perspective. Your key responsibilities will include: - Developing collaborative relationships with regulators, peer banks, and fraud risk industry forums to understand regulatory frameworks - Ensuring compliance of all FRM policies and procedures in the country with Group Policies and Standards - Regularly assessing fraud reporting, performing quality checks, and maintaining control standards - Managing agencies appointed for supporting in Fraud prevention and working closely with Legal and Investigation agencies - Working with the GBS team to ensure effective management of activities related to Fraud Control, regulatory reporting, and quality of reporting In terms of qualifications, you should have a Graduate degree and possess skills in Fraud reporting procedure, Data analysis, and Project management. About Standard Chartered, it is an international bank committed to driving commerce and prosperity through its unique diversity. The bank values difference, advocates for inclusion, and emphasizes living by its valued behaviors. As an employee, you can expect core bank funding for retirement savings, medical and life insurance, flexible working options, proactive wellbeing support, continuous learning opportunities, and an inclusive and values-driven work environment. If you are looking for a purpose-driven career in a bank that values diversity and inclusion, Standard Chartered could be the right fit for you. (Note: Additional details of the company were omitted as they were not present in the provided job description),