AM, Investigator

About the Role

• Develop and implement policies, standards, and practices for timely and efficient investigation of reported cases (frauds, complaints, staff misconduct, bribery/corruption).
• Proactively manage and undertake investigations related to frauds, complaints, staff misconduct, bribery/corruption, adhering to forensic and fraud investigation practices, Bank's Policies, Procedures, and Regulatory requirements.
• Ensure extensive use of technology and data analysis for investigation conclusions.

Key Responsibilities

• Commence and complete investigations within time norms.
• Adhere to processes as per the Fraud Risk Management policy of the Bank.
• Ensure comprehensiveness and quality of investigations, focusing on:
• Root Cause Analysis
• Identification of Process/Control Gaps
• Qualitative recommendations for process improvement and Fraud Risk mitigation
• Identification and fixing of Staff Accountability
• Maintaining evidences, records, and documentation.
• For Large Value Frauds:
• Report new large value fraud.
• Prepare qualitative Board notes/presentations.
• Provide quarterly reporting of developments on all Large Value Fraud cases to ED.
• Maintain files and records in both digital and physical form.
• Prompt and timely reporting of fraud cases:
• Disseminate information and intelligence with concerned internal departments.
• Report to regulators and law enforcement agencies as per guidelines.
• Provide updates to Senior Management committees in line with the fraud policy.
• Ensure filing of police complaints within prescribed time.
• Prepare error-free FMRs for RBI Reporting.
• Recover fraud loss by following up on recoveries with respective teams regarding loan fraud cases where assets are available through Court, etc.
• Pursue recoveries with various teams to expedite the enforcement of securities.