Fraud Analyst

Team Member – Vigilance – Lending Life cycle Credit review

Department: Vigilance

Location: Mumbai

About the Role

Review of Red Flagged Account (RFA) to ascertain existence of weakness or wrong doing of fraudulent nature, if any. Review of NPA accounts to evaluate critical non-compliance, negligence and unethical practices credit proposal, documents and adherence to internal processes and applicable regulatory requirements. Review of staff accountability. Collection and collation of evidence, preparation of reports. To conduct investigation cases into reported frauds as well as into allegations of fraud and corruption of varying nature and complexity. Review of existing rules and procedures with a view to identify control weakness/eliminate or minimise the scope for corruption or malpractices. To maintain adequate record of Investigation as per internal standard.

Responsibilities

• Review of Red Flagged Account (RFA) to ascertain existence of weakness or wrongdoing of fraudulent nature, if any.
• Review of NPA accounts to evaluate critical non-compliance, negligence and unethical practices credit proposal, documents and adherence to internal processes and applicable regulatory requirements.
• Review of staff accountability.
• Collection and collation of evidence, preparation of reports.
• Conduct investigation cases into reported frauds as well as into allegations of fraud and corruption of varying nature and complexity.
• Review of existing rules and procedures with a view to identify control weakness/eliminate or minimise the scope for corruption or malpractices.
• Maintain adequate record of Investigation as per internal standard.

Qualifications

• CA/CIA/MBA/CFE qualified.
• Exposure to credit underwriting / credit audits for working capital products.
• Exposure to non-fund based products.

Required Skills

• Excellent understanding of banking business processes and internal controls related to lending.
• Good analytical skills, detail oriented, ability to co-relate, comfortable working with huge data.
• Good Interpersonal and written communication skills.
• Hands on knowledge on MS office and banking applications.

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