CSB Bank Hiring for State Fraud Control Manager (Location : Vijayawada) Job at Vijayawāda Full Time

Job Responsibilities:

• Design thinking, Competition Connect, Risk Understanding, Vendor Connect, Analytical Skill, Strong domain and process knowledge of retail/ SME/ Agri products end to end loan life cycle, Presentation Skills, Investigative Mind, Soft Skill to manage team/ people/ team work
• Functional Responsibilities
• Setting up and managing fraud Control policies/ procedures and lead investigations.
• Implementation of fraud control procedures and execution of new deterrents to fraud building.
• Ensure timely closure of Fraud Investigations as well as development of a robust investigation process. Take appropriate measures to mitigate fraud risks.
• Specific specialisation in Post Disbursement cases, fraud investigation and vendor management.
• Develop and sustain a system for Fraud identification, monitoring, investigating in the location /s.
• Vendor Management: Identify, develop and monitor fraud control vendors, Leverage the vendor capabilities adequately and maximize their productivity through constant monitoring & training wherever required.
• Facilitate law enforcement liaison and use it effectively for investigation of frauds.
• Develop and implement processes for improving the quality of sourcing.
• Strengthen the processing activities of the location/s by recommending process/policy changes where applicable.
• Assist the Credit & Risk Management group in research and analysis on industries/clients/markets.
• Regular Fraud containment and KYC training of sales force and related vendors.
• Timely communication of key information and trends by way of a detailed Fraud Control MIS.
• Monitoring & maintaining TAT for the location/s.
• Maintain verification budget for the location/s.
• Liaise with Law Enforcement & Advocates wherever required to assist Regional teams on the complaint filing process.
• Initiate recoveries in fraud cases.
• Revenue Responsibilities
• Implementation of fraud control procedures and execution of new deterrents to fraud building.