Product & Process Assessment Fraud Risk for a

3 days ago

Mumbai, India Skillventory Full time

**Product **&** Process Assessment _ Fraud Risk For a leading Bank**:

- From 5 to 10 year(s) of experience
- ₹ Not Disclosed by Recruiter
- Mumbaior

**Roles and Responsibilities**

Carry out detailed walkthrough of process / product note to identify significant risks and controls
- Review key risk and control indicators of department/business unit.
- Review the Process note from fraud risk prevention perspective and evaluate the process
- Ensure appropriate review of the financial impact of fraud incidents and root cause and business
- impact analysis
- Stay abreast of regulatory requirements & current industry best practices.
- Perform research from external domain / peer banks on fraud trends, control environment.
- End to end check of all products across RCIU payments business.
- Liaising with technology team for data required for dispute investigation.- Coordination with branches and other internal departments.
- Review fraud disputes and proactively highlight unusual trend’s observed across various complaints
- received.
- Develop and maintain technical knowledge of systems and data to ensure optimal use of technology
- Able to chart out the flow of events specific to the scope under review plotting the fraud risks and
- controls.
- Monitor, review, and communicate the impact to the risk and tracking end to end closure of
- recommendation.
- Maintaining a tracker of PPAC notes received, end to end closure of the recommendations
- submitted.
- Sharing of MIS with top management.
- Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.)- Role:_Other
- Salary:_ Not Disclosed by Recruiter
- Industry:_Banking
- Department:_Other
- Role Category:_Other
- Employment Type:_Full Time, Permanent
- Key Skills- rcuRisk Controlfraud riskEducation
- UG:_Any Graduate

**Company Profile**:
SKILLVENTORY
- A leading search firm- Recruiter Name:_Meenal Bansal
- Contact Company:_SKILLVENTORY
- Telephone:_
+91-XXXXXXXXXX

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