Senior Manager

Dear Candidate,

We are hiring for Manager / Senior Manager Anti Fraud Unit with our one of Banking Client for Navi Mumbai.

Interested candidate with relevant work experience are requested to apply for the Position.

Required work experience - Minimum 08 years of work experience in domain.

CTC - Upto Rs. 25 LPA + Variable

Responsibilities:

·        Banking industry experience in fraud & risk management, financial services - covering banking, payments, digital and business correspondence fraud.

·        Team Lead Role: The incumbent should be able to lead a team of 05 members in unit, responsible for fraud transaction alerts monitoring, regulatory reporting and associated activities.

·        Demonstrated problem solving, decision making and leadership skills required.

·        Knowledge of Fraud monitoring tools and capability to drive automation through AI_ML and other emerging technologies.

·        Experience in design & monitoring of fraud alerts including evaluation of transaction type, transaction amount, unusual transfers to unlikely partners, places where transactions originate, or a flurry of activity beyond the accepted norm for the account.

·        Is responsible for observing various transactions from branches & merchants to flag or identify suspicious activity. Monitor accounts and customers having banking patterns that typically do not change over the long term and any transactions or series of transactions that do not fit the expected activity which generate a 'red flag'.

·        Take actions based on alert evaluation and guide team and monitor quality / trend etc.

·        RCA analysis of fraud trends etc. and take measures to prevent frauds.

·        Monitoring of regulatory & law enforcement agency portals / emails and actions thereon in timely manner.

·        Ensuring fraud reporting as per regulatory and policy guidelines.

·        To raise awareness of fraud risks. Conduct team and other stake holder trainings.

·        Establishing and maintaining procedures (SOP) applicable to the detection of fraud and the enforcement of FRM policy and regulatory guidelines.

·        To keep Management Committee aware of the proportions of the fraud, modus operandi and the steps taken by the Bank to mitigate them; Trend analysis etc. through effective MIS.

·        Monitor and review the progress of the mitigating steps taken by the Bank in case of frauds and the efficacy of the same in containing fraud numbers and values

·        Liaison with Authorities including Law enforcement Agencies, investigation agencies etc.

·        Internal & external stake holder management.

Candidate are requested to reach me at contacts@sahanes.co.in

Regards

Harishchandra