Investigations:Senior Investigator - Retail Investigations - South

Investigations:Senior Investigator - Retail Investigations - South

INTERNAL USAGE:
No. of Vacancies:1Reports to:Head - Retail Investigations -1
Is a Team leaderNTeam Size:

Grade:DM - AVP
Business:IADDepartment: InvestigationsSub-Department:
Location: Flexible

About Internal Audit

Investigation function of the Bank, operates independently under the supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance systems and processes in place on an on-going basis. This is provided to primarily ensure that the business and support functions are in compliance with both internal and regulatory guidelines.

About the Role

Carrying out investigation of Retail vertical, assessment of staff accountability, preparation of quality reports within defined TAT, reporting to internal and external authorities, supervising a team of investigators

Key Responsibilities

.Team Management and ongoing review of the investigations: Effective team management and ongoing review of work performed by team members including monitoring timelines taken for completion of investigation / release of IVR, reviewing quality of findings, comprehensiveness and quality of reporting
.Adherence to compliance and regulatory guidelines: -Compliance with Internal guidelines, regulatory guidelines, RAR findings, etc. -Ensure adherence to the regulatory requirements / internal guidelines with regards to Investigations -Timely Submission of data/ information for onward reporting to Regulators, Audit Committee, Senior Management
.Stakeholder Management: -Interactions with Key Stakeholders to drive culture of fraud risk containment -Providing recommendations for addressing process / control gaps and follow-up for closure of recommendations
.Talent Management : Attrition Ensuring minimum attrition levels with regards to staff rated as MP and above
.Training : Updating Skill sets and knowledge by continuous reading, attending trainings, pursuing qualifications / Sharing knowledge with team members and colleagues on an ongoing basis
.Comprehensiveness and quality of investigations, -Focus on Root Cause Analysis, Identification of Process / Control Gaps -Provide qualitative recommendations for improvement of processes and mitigation of Fraud Risk -Identification and fixing of Staff Accountability
.Disseminate information and intelligence with the concerned internal departments -Providing updates to Senior Management management committees in line with the fraud policy
.Commencement / completion of investigations within time norms -Adherence to the processes as per the Fraud Management and Reporting policy
Qualifications

.Chartered Accountant / MBA / Accounting / FRM

Role Proficiencies:

.Relevant work experience of at least 3-12 years
.Proficiency in corporate credit appraisal/disbursal/monitoring process
.Experience in Credit Audit / Investigation / Forensic Audit will be added advantage
.Good communication (both verbal & written) and inter-personal skills
.Strong MS Word/Excel skills, financial analysis skills
.Ability to prioritize and make decisions in a fast-paced environment
.Ability to work as a part of team and contribute towards team goals
.Ability to manage multiple tasks/projects and deadlines simultaneously