An'yst, Fraud Ops - Mumbai, India - Standard Chartered

Standard Chartered

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job:
Retail Banking

Primary Location:
Asia-India-Mumbai

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 19/Apr/2023, 11:56:20 PM

Unposting Date:
Ongoing

Roles and Responsibility

Work on Hunter system and ensure timely closure of cases
Responsible for endtoend actioning on the case starting from case identification, investigation and closure of cases in the system.
Work with other units of Fraud Risk Management and stakeholders for smooth functioning of Fraud risk management processes and activities.
In case of fraud occurrence, he /she should be able to report the same.
Depending on the fraud trends observed should be able to suggest rule enhancements or improvements
Should be open to work in shifts.

Strategy

Implementation of Hunter system and coordinating all task related to hunter activities
Ensuring timely and accurate collation of MIS / Dashboards and Hunter related MIS on daily/weekly/monthly basis to all stakeholders.
Coordination with FRM field teams for hunter match cases wrt follow up for investigation and completion of assignments.
Review and Data Analytics for inconsistencies and trigger points that would need actioning at the field.

Business

Implementation of Hunter system and coordinating all task related to hunter activities
Ensuring timely and accurate collation of MIS / Dashboards and Hunter related MIS on daily/weekly/monthly basis to all stakeholders.
Coordination with FRM field teams for hunter match cases wrt follow up for investigation and completion of assignments.
Review and Data Analysis for inconsistencies and trigger points that would need actioning at the field

Processes

Review the cases in Hunter system and ensure effectiveness of rules
Reduce false positives so as to ensure building robust process

People and Talent

Good analytical skills
Able to handle multitasking
Keen Learner
Drive for Results
Solution Oriented
Good Communication Skills
Knowledge of MS Office wst XLS, Power Point, etc.

Risk Management

Identify and share industry best practices and work with the businesses for their feasibility and implementation.
Develop a collaborative relationship with regulators, peer banks and fraud risk industry forums to help detect and mitigate fraud.
Ensure various fraud risks are being actively prevented and detected in a timely manner on an endtoend basis.
Proactive in seeking regular assurance that areas of responsibility are performing to an acceptable risk and control standards.
Recommend changes to the process control environment or to business practices, where necessary, to reduce the level of fraud risk exposure to within the agreed appetite.
Manage the process of fraud investigation within specified time and reporting to relevant stakeholders
Manage the fraud risk at preacquisition stage for lending and liability products
Proactively of fraud risk assessment of processes and channel to identify the gap and recommend mitigate the risk

Governance

Provide oversight across fraud risk management team, ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements. This includes compliance with local banking laws, other applicable laws and antimoney laundering regulations and guidelines
Embed the Group's values and code of conduct in the country fraud risk management team to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees forms part of the culture
Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews for the areas of work.

Regulatory & Business Conduct

Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead the [country / business unit / function/[team] to achieve the outcomes set out in the Bank's Conduct Principles.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders