Deputy Mgr/Manager FCU -(Financial Fraud & Investigation/Vigilance)MFI

1. Fraud Detection & Investigation

• Detect and investigate fraud or misconduct in loan processing, disbursement, collections, centre formation, and staff behaviour.
• Analyse branch-level transaction data, KYC documents, borrower records, and collection data to identify discrepancies.
• Conduct field-level investigations involving interviews, verifications, and forensic review of records.
• Prepare thorough investigation reports with findings, accountability assessment, and recommended actions.

2. Vigilance Monitoring & Field Oversight

• Carry out routine and surprise audits/inspections of branches, field officers, and centre meetings.
• Monitor agent/customer collusion, dummy customers, ghost groups, or over-disbursement risks.
• Identify violations of internal processes, Code of Conduct, or RBI-mandated microfinance norms.
• Review whistleblower complaints and follow due process for investigation and resolution.

3. Risk Prevention & Control Enhancement

• Work with Risk and Operations teams to strengthen preventive controls at field and system levels.
• Develop fraud detection dashboards, early warning signals (EWS), and exception monitoring reports.
• Recommend changes to SOPs and internal controls to reduce vulnerability to fraud.

4. Staff Vigilance & Disciplinary Support

• Support HR and legal teams in handling disciplinary cases related to fraud or ethics violations.
• Maintain records of fraud cases, vigilance reports, disciplinary outcomes, and recovery actions.

5. Training & Awareness

• Conduct awareness sessions and workshops for field staff on fraud prevention, ethical conduct, and fraud reporting channels.
• Promote a culture of integrity through training, communication, and field engagement.

Qualifications & Experience:

• Education:
• Graduate/Postgraduate in Commerce, Finance, Law, Criminology, or a related field
• Preferred Certifications:
• CFE (Certified Fraud Examiner), CA, CIA, LLB preferred but not mandatory
• Experience:
• 5–10 years of experience in fraud control, internal audit, vigilance, or risk management
• Minimum 3 years in microfinance or rural lending environment
• Strong understanding of group lending models, JLG processes, and field-level risk dynamics

Working Conditions:

• Based at Head Office with

  frequent field travel (up to 50 to 70 %)

  to rural/semi-urban branches and customer centers
• May require extended hours during investigation phases or audit cycles

Budget: 8–12 LPA

:

Location: Noida (Base)

Travel: Required to field branches Visit.