Job Purpose
The job holder is responsible for leading the CFRM team for the expanded DBS India franchise covering CBG and SME Banking credit portfolio.
Key Accountabilities
- Responsible to lead team for end-to-end strong functioning of fraud prevention and risk origination from different Business channels
- Excellent knowledge of handling & implementation FRM Tools
- Initiate and spearhead independent review of process & policies with stakeholders on identified fraud risk
- Manage the relationship with fraud vendors including periodic quality reviews, cost control, TAT, etc
- Lead, mentor and coach the team of CFRM analyst. Ensuring R&R, KPI's, training and retention as part of people and performance management
Job Duties & Responsibilities
- Set up a robust and innovative front end, pre-disbursement and Post disbursement fraud control and prevention mandate.
- Upkeeping of Fraud risk framework, SOP & process to mitigate risk originating in line with the Banks local & regional guidelines
- Conduct regular assessments of fraud prevention processes and implement improvement. Analyse fraud trend and mitigate risk as part of prevention and detection strategy
- Ensuring timely preparation of Dashboard & MIS for submissions
- Establish and Train Fraud Management skills to CFRM, CRM , RAC , RM on fraud detection and best practices
Required Experience
Minimum 15 years experience in the field of Fraud Risk & Investigation
.
Education / Preferred Qualifications
Professional qualification, graduate, or post-graduate degree, preferably in business, accountancy, economics, finance etc. along with sound domain knowledge of fraud risk control measures in SME and CBG markets.
Core Competencies
- Good analytical, Problem solving and presentation skills (conversant with MS Office)
- Good interpersonal skills
- Good knowledge of industries/sectors
- Should have project execution skill
Technical Competencies
- Sound knowledge of financial statement analysis and accounting policies/practices. Familiarity with financial terms, documents, etc is a must
- Good knowledge of fraud control methods, experience in handling & Implementation of Experian Hunter or any other FRM tools & techniques.
- Have an established local network in the Indian Banking market
- Sound understanding of regulatory guidelines issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general and fraud control measures
- Preferred collections / credit / operations / process understanding
- Good knowledge of various banking products and risks associated with them, especially consumer loans and SME products
Work Relationship
Good working relationship with CBG Mortgage, SME / CCG Relationship team, CCU, other product teams (GTS, T&M etc), RBI inspectors, regulators, and other external agencies.
Primary Location
India-Maharashtra-Mumbai
Job
Risk Management
Schedule
Regular
Job Type
Full-time
Job Posting
Dec 1, 2023, 3:55:53 PM
