Employment: Full Time
1. Identify fraudulent transactions and cancel them from further processing.
2. Maintain fraud analysis models to improve efficiency and effectiveness of company systems.
3. Ensure confidentiality of all information collected during investigation.
4. Recommend anti-fraud processes for changing transaction patterns and trends.
5. Recommend new software tools used for fraud detection, prevention and reporting activities.
6. Diagnose vulnerability to fraud
7. Detect gaps in anti-fraud controls
8. Recommend Mitigating Antifraud Controls
9. Continuous or Periodic Monitoring
10. Develop Fraud Response Plan
11.Identify inherent fraud risk — Gather information to obtain the population of fraud risks that could apply to the organization. Included in this process is the explicit consideration of all types of fraud schemes and scenarios; incentives, pressures, and opportunities to commit fraud; and IT fraud risks specific to the organization.
12.Assess likelihood and significance of inherent fraud risk — Assess the relative likelihood and potential significance of identified fraud risks based on historical information, known fraud schemes, and interviews with staff, including business process owners.
13. Implementation of programs and controls through the assignment of roles, building of internal competencies, and deployment of resources.
Job Title/Designation :
Head – Fraud Risk Management – Kochi
Job Description :
Experience :15 years banking experience, out of which 5 years shall be in Vigilance/ Fraud Risk
Experience :14 to 20 years
Annual CTC :Best in the industry
Locations :Kochi
Monarchjais is a complete Human Resources Consulting firm primarily operating from India with business tie-ups and affiliates in Saudi Arabia, UAE, Qatar, Australia & Canada; and offering a full range of HR Services. We work with our clients from varied industries across the regions and, committed to creating value to them through result focused Consulting Services and fully integrated Human Resources Solutions which are designed to accommodate the unique spectrum of our client’s requirements and budgets.
Managing human resources is one of the most important aspects of any organization, yet it involves a multitude of complicated activities and tasks. And we have the complete expertise and well experienced professionals, capable of helping companies to simplify the complexity associated with transforming or re-designing the HR related activities and processes. And our team of consultants are highly capable to develop and implement simple, practical and yet powerful Human Resources Solutions that produce superior business results.
We believe in professionalism and establishing relationships of lasting mutual value with our clients, through our committed service. We have a strong ethos on working ethically, honestly and responsibly as well as providing our clients and candidates with a service that is second to none. Our progress of leaps and bounds in just couple of years with a specialized team of professionals and consultants have proved it in the market, and have built significant business and clientele across India, Middle East & Africa.
Source: Job Posting - gulftalent.com
