Fraud Risk Head

The role is responsible for fraud risk management & control, for all the liability, digital and payment products in the bank focusing on processes to mitigate fraud risks, implementation of internal controls, driving automation solutions and timely reporting to stakeholders.

Responsibilities

Strategy and Planning

• Implementation of strategies with an objective on fraud prevention, early detection, Investigation, Transaction Monitoring, Responding to LEA Notices, and Regulatory Reporting.
• Create clear road-map with foresight over industry trends on business & frauds.
• Ensure existing fraud prevention, and Transaction Monitoring systems tools are adequate to achieve prevention & early detection of frauds. Recommend new tools, if need be. Take ongoing necessary actions towards the same
• People – Ensure the team is operating with optimal capacity and are trained regularly to effectively pe...