Job Requirements
About the Role
The Vigilance Officer is responsible for the prompt submission of reports on fraud cases within the bank. This role primarily adheres to the whistleblower policy, vigilance policy, and staff accounting policy. The incumbent investigates fraud cases through appropriate channels to avoid conflicts of interest and presents findings and action plans to management, audit committees, and regulatory bodies. The role also encompasses ownership of anti-corruption and bribery prevention mechanisms, contributing significantly to the organization's broader objectives.
Key Responsibilities
Primary Responsibilities
- Investigate whistleblower and vigilance-assigned cases within defined timelines.
- Review NPA, Quick Mortality, Reported Frauds, and OTS cases from a staff accountability perspective.
- Identify risks and potential process gaps based on investigations and ensure timely implementation and closure of recommendations with stakeholders.
- Ensure documentation and adherence to policies and processes under Governance & Compliance.
- Handle RBI reporting requirements.
- Present reports accurately and timely to various executive committees.
- Provide weekly, fortnightly, monthly, and quarterly updates of trackers and dashboards to senior management.
Secondary Responsibilities
- Create awareness about vigilance at the top levels of the organizational structure.
- Research industry best practices for process automation in vigilance activities and collaborate with IT and other stakeholders for implementation.
- Manage vendor relationships.
- Conduct training and awareness activities related to vigilance.
- Follow up internally and externally to ensure complete and accurate documentation of files and complaint details.
What We Are Looking For
Education
- Bachelor's degree in Engineering, Technology, Mathematics, Commerce, Arts, Science, Biology, Business, Computers, or Management or others
Experience
- 10–18 years of total experience.
Skills and Attributes
- Strong investigative skills, attention to detail, ability to work with sensitive information, and excellent communication and reporting abilities. Proficiency in policy adherence, stakeholder coordination, and process automation is desirable.
