Internal Vigilance Expert

3 days ago


Thiruvananthapuram, Kerala, India Muthoot Fincorp Ltd. Full time

Role Overview: Muthoot Fincorp Ltd. is seeking a seasoned professional to lead its internal vigilance efforts, ensuring transparency, compliance, and ethical conduct across all branches and departments.

Job Summary: The Chief Vigilance Officer will be responsible for developing and implementing robust vigilance policies, detecting and preventing fraud, conducting investigations, and monitoring compliance with regulatory requirements.

About the Role:

Vigilance Framework

  • Establish a comprehensive vigilance framework aligned with regulatory guidelines and company policies.
  • Draft and revise vigilance policies, procedures, and manuals as required.

Fraud Detection and Prevention

  • Conduct risk assessments to identify vulnerable areas prone to fraud or malpractices.
  • Oversee the detection, investigation, and reporting of fraudulent activities.
  • Recommend corrective actions to mitigate identified risks and vulnerabilities.

Investigations and Reporting

  • Lead investigations into complaints, misconduct, and violations of company policies.
  • Prepare detailed reports on findings and recommendations for management or regulatory authorities.
  • Ensure timely reporting of significant issues to the Managing Director/Board.

Compliance Monitoring

  • Monitor adherence to regulatory requirements, internal controls, and corporate governance standards.
  • Collaborate with the Compliance and Legal teams to address any lapses.

Key Skills and Qualifications:

  • Strong analytical and problem-solving skills.
  • Excellent communication and report-writing abilities.
  • High level of integrity, discretion, and professionalism.
  • Familiarity with RBI vigilance guidelines and NBFC compliance requirements.
  • Proficiency in using risk management and compliance software/tools.

Salary Range: ₹25,00,000 - ₹35,00,000 per annum, depending on experience and qualifications.

Location: Head Office, Kochi, India (with frequent travel to branches)



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