Deputy Vice President - Fraud Risk Management

About the Company

Fraud Risk Strategy & Frameworks

Develop and maintain comprehensive fraud risk management frameworks, policies, and procedures tailored to various business lines.

About the Role

Risk Assessment & Prevention

Conduct fraud risk assessments across products and processes. Identify vulnerabilities and recommend preventive controls and mitigation strategies.

Responsibilities

• Monitoring & Detection
• Oversee fraud monitoring systems and analytics tools to detect suspicious activities. Collaborate with analytics teams to enhance detection capabilities.
• Investigation & Resolution
• Lead investigations into fraud incidents, coordinate with internal teams and external agencies, and ensure timely resolution and reporting.
• Regulatory Compliance
• Ensure adherence to regulatory requirements related to fraud risk (e.g., RBI, SEBI, AML guidelines). Prepare documentation and responses for audits and inspections.
• Stakeholder Engagement
• Work closely with business, operations, legal, compliance, and IT teams to embed fraud risk controls and awareness across functions.
• Training & Awareness
• Design and deliver fraud awareness programs for employees and partners. Promote a culture of vigilance and ethical conduct.

Qualifications : Graduate / Post - Graduate / MBA/ CA.

Required Skills : Analytical Thinking, Fraud Investigation, Fraud Risk, Automation