Fraud Risk Manager - Gurugram - Airtel Payments Bank

    Airtel Payments Bank
    Airtel Payments Bank Gurugram

    1 week ago

    Accounting / Finance
    Description

    Purpose of Job

    • Responsible for Fraud Risk Management
    • Regular reporting to RBI within the timelines.
    • Responding to complaints of Law enforcement agencies in relation to frauds
    • Maintaining trackers of response to LEA
    • Reporting of Conduit and own bank customers frauds
    • Suggesting and implementing controls to prevent frauds in bank
    • Managing a team of fraud risk to ensure that Fraud Risk SOPs are adhered to.
    • General understanding of Risk Management function and abilities to take special projects for taking the Fraud Risk Management function to next level
    • Ensuring fraud related complaints are closed by Fraud risk team within the TAT.
    • Presentation of fraud risk MIS to management

    Job Description Details:

    Fraud Risk identification, mitigation, monitoring

    • Ability to analyze big data and fraud trends.
    • Ensuring that all compliance related to fraud incident are complied with
    • Ensuring correct refunds are made to customers as per SOP of the Bank
    • Performing root cause analyses on identified fraud risk events and recommending improvements to prevent these risk events from re-occurring in future.
    • Review fraud trends, complaints of customers related to fraud for the bank.
    • Review Risk Management Policies including fraud related policies and processes for the Bank and propose change based on new risk, control enabled and new policies implementation
    • Review of program and tools to ensure they are updated. Strategically suggest automated controls to report or curb frauds
    • Track and analyze incidences of frauds (successful and attempted) identify causes and implement with respective units comprehensive measures to close loopholes.
    • Ability to challenge status quo and suggest constructive changes within the department.

    Work Experience –

    5-7 Years of experience in multiple roles in banking in fraud risk.

    Educational Level :-

    Post Graduate from a renowned institute

    Qualification in Risk Management will be added advantage


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