Job Description

About the organization: The organization (A client of HRhelpdesk) is a new age digital lender with a focus on SMEs & MSMEs.Position: Manager/Sr Manager-Fraud Control UnitKey Responsibilities: -Fraud Detection & Prevention

• Monitor transactions and accounts for suspicious activities using fraud detection tools.

• Implement fraud prevention techniques and strategies to mitigate the risks of financial losses.

• Analyze data to identify trends and anomalies that indicate possible fraud.

Investigation

• Investigate potentially fraudulent activities by reviewing relevant documentation, transaction details, and communications.

• Collaborate with internal teams (e.g., legal, compliance, operations) and external entities (law enforcement, customers, etc.) to gather necessary information.

• Conduct thorough investigations to identify and confirm fraudulent activities, ensuring all regulatory and legal obligations are met.

Reporting & Documentation

• Prepare detailed reports of investigations and findings, including recommendations for corrective actions or further investigation.

• Maintain accurate records of all fraud-related incidents, including case management and reporting to senior management and regulatory bodies.

Risk Management

• Assist in the development and implementation of fraud control policies and procedures.

• Evaluate the effectiveness of current fraud controls and recommend enhancements where necessary.

• Stay updated on industry best practices and emerging fraud trends to ensure that the organization is prepared for new threats.

RequirementsQualification and experience:

• Bachelorxe2x80x99s degree in finance, criminal justice, risk management, or a related field.

• 8+ of experience in fraud detection, investigation, or a similar role within the financial services sector.

• The role involves travelling PAN India for at least 10-15 days in a month.

• Familiarity with fraud detection software, transaction monitoring systems, and data analysis tools. xe2x80xa2 Strong analytical and problem-solving skills, with the ability to interpret large data sets.

• Excellent written and verbal communication skills.

• Ability to work independently and as part of a team in a fast-paced environment.

• Knowledge of relevant legal and regulatory frameworks related to fraud (AML, KYC, etc.).

Preferred Skills

• Certifications such as Certified Fraud Examiner (CFE) or Certified Anti-Money Laundering Specialist (CAMS).

• Experience working with law enforcement agencies and legal professionals. xe2x80xa2 Knowledge of digital fraud, cybersecurity threats, and online payment systems

BenefitsBest In the Industry

HRhelpdesk