Chartered Accountant- Financial Crime Intelligence

About Department:

Financial Crime Intelligence (FCI) department has been created to enhance the Banks capabilities in prevention, detection and response to frauds against the Bank as well as our customers. This a centralized team that will focus on ensuring there is a strong feedback loop of learnings into improvement in practices, models and customer journeys, develop analytics and technological capabilities as a competitive advantage and deepen our focus on training to ensure fraud prevention at the frontline. With these objectives in mind, a new department Financial Crime Intelligence has been created with the Fraud Control Unit (FCU) and Digital Transaction Monitoring (DTM) being housed under the FCI to ensure greater synergies.

About the Role:

The Fraud Control Unit (RCU) Regional Onboarding Team is responsible for preventing frauds by ensuring detailed reviews at customer / corporate onboarding / listing stage by managing agencies and conducting thorough verification

Key Responsibilities:

To carry out due diligence on employers, including companies, Trust, Association, Society & Club (TASC), to ensure that entities exist at physical location, are operative at the location and are not ‘set-up companies by conducting CPV, review of financials, EPFO, Domain, Google checks etc.

Responsible for agency management to organize and manage operations more effectively.

Scope:

• Carrying out scrutiny of company profile at the time of listing for offering loans to employees of company and existing company stock review to prevent shell / fraud set up company employees availing loans / credit from the Bank.

Qualifications:

• Chartered Accountant

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

• Basic understanding of financial statements, corporates and market dynamics
• 5 years’ working experience in FCU / RCU / Fraud management related roles.
• Knowledge of regulatory guidelines and norms
• Should possess operational and system knowledge
• Good communication (both verbal and written) skill in both English and the local language
• Ability to manage complex client situations
• Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
• Ability to handle pressure and meet deadlines