Key Responsibilities

• Fraud Prevention Support: Assist in the development and implementation of fraud prevention strategies, policies, and controls to detect and deter fraudulent activities.

• Conduct regular reviews of internal processes, systems, and controls to identify potential vulnerabilities and
  recommend enhancements to mitigate fraud risks.

• Fraud Detection and Analysis: Monitor transactional data, customer behavior, and account activities to identify suspicious patterns, anomalies, and indicators of potential fraud.

• Conduct preliminary analysis and investigations of suspected fraud incidents, gathering evidence and
  documenting findings for further review.

• Investigation Assistance: Support fraud investigations conducted by the Fraud Control Unit, assisting in gathering evidence, conducting interviews, and analyzing financial data to determine the extent and impact of fraudulent activities.

• Maintain accurate records of investigative activities, including case documentation, evidence collection, and
  communication with internal and external stakeholders.

• Reporting and Documentation: Prepare reports and summaries of fraud investigations, documenting findings, conclusions, and recommendations for management review and action.

• Ensure timely and accurate reporting of fraud incidents, trends, and mitigation efforts to senior
  management, regulatory authorities, and other stakeholders as required.

• Compliance and Regulatory Oversight: Assist in ensuring compliance with regulatory requirements, industry standards, and best practices in fraud prevention and detection.

• Stay informed about regulatory changes and updates related to fraud prevention, reporting obligations, and
  industry guidelines.
• Training and Awareness: Participate in training programs and workshops to enhance knowledge and skills in fraud prevention
  techniques, investigation methodologies, and regulatory compliance.
• Promote awareness of fraud risks and detection methods among employees through communication, training sessions, and awareness campaigns.
• Collaboration and Communication: Collaborate with cross-functional teams, including risk management, compliance, internal audit, and legal
  departments, to share information, coordinate actions, and mitigate fraud risks.
• Maintain open communication channels with internal stakeholders, external partners, and law enforcement
  agencies to facilitate collaboration and information sharing on fraud-related matters.

Qualification

• Bachelor’s degree in business administration, finance, accounting, or related field; certification in fraud examination or forensic accounting preferred.
• 6+ years of experience in fraud prevention, risk management, or compliance roles, with exposure to fraud detection and investigation in the financial services industry or NBFC sector.
• Strong analytical skills, with the ability to analyze complex data sets, detect patterns, and conduct preliminary investigations of suspected fraud incidents.
• Knowledge of fraud detection techniques, internal controls, and regulatory requirements related to fraud prevention and detection.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders.
• Proficiency in fraud detection systems, data analysis tools, and case management software.
• Attention to detail, integrity, and confidentiality in handling sensitive information and conducting investigations.
• Ability to work independently, manage multiple tasks, and prioritize workload effectively in a fast-paced, dynamic
  environment.