Lead-Vigilance || Navi Mumbai

Job title :-Lead – Vigilance

Department:- Audit & Vigilance

Designation:- SM/AVP

Location:- Seawoods (Navi Mumbai)

Reports to :-Group Head Internal Audit & Vigilance

II. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials

• Manage investigation cases of frauds/ Whistle Blower complaints as well as allegations of fraud/ bribery and corruption.

• Investigate cases which are highly sensitive and may expose Bank to higher risk.

• Review of existing process with a view to identify weak controls to eliminate or minimize the scope for corruption or malpractices; identify the sensitive/corruption prone spots.

• Investigation of all reported cases within Bank, Whistle Blower and Anonymous Complaints (as per the merit)

• Identification of control weaknesses and recommending solutions and controls for future improvements.

• Collection and collation of evidence, preparation of reports

• Data extraction/ compilation and analysis of transactions to recognize and interpret unusual patterns using expertise.

• To ensure compliance with all the regulatory circulars during and after the investigation

• Release of investigation report/ findings within the timelines

• To assist Head of Internal Audit & Vigilance on investigations, periodic updation in Whistle Blower policy and Vigilance Manual Customer (Both Internal & External)

• To ensure investigation reports are circulated or distributed within limited/ required/ Senior Management, which should meet the quality criteria i.e. accurate, objective, clear, concise, constructive, complete, and timely.

• To ensure that gaps highlighted in the investigation report are relevant.

• To coordinate with respective stakeholders for timely implementation of action plans Internal Process

• To ensure complete documentation of work-papers by self and team in line with RBI requirements (as requested at the time of their AFI or otherwise)

• To maintain robust Internal MIS mechanism and submit information to management on prompt basis

• To ensure to adhere to Vigilance manual in the conduct of investigations and maintain investigation evidence thereof

• Maintaining complete inventory of Whistle Blower and other cases