AM, Investigator

About the Role

• Develops and implements policies, standards, and practices for timely and efficient investigation of reported cases, including frauds, complaints, staff misconduct, bribery, and corruption.
• Proactively manages and undertakes investigations related to frauds, complaints, staff misconduct, bribery, and corruption, adhering to leading forensic and fraud investigation practices, Bank's Policies, Procedures, and Regulatory requirements.
• Ensures extensive use of technology and data analysis for investigation conclusions.

Key Responsibilities

• Commencement and completion of investigations within time norms.
• Adherence to processes as per the Fraud Risk Management policy of the Bank.
• Ensuring comprehensiveness and quality of investigations, with a focus on Root Cause Analysis, identification of Process/Control Gaps, and providing qualitative recommendations for process improvement and mitigation of Fraud Risk.
• Identification and fixing of Staff Accountability.
• Maintaining evidences, records, and documentation pertaining to investigations.
• Reporting new large value frauds.
• Qualitative preparation of Board notes/presentations.
• Quarterly reporting of developments on all Large Value Fraud cases to ED.
• Maintenance of files and records in both Digital and Physical form.
• Prompt and timely reporting of fraud cases, including dissemination of information and intelligence with concerned internal departments.
• Reporting to regulators and law enforcement agencies as per guidelines.
• Providing updates to Senior Management committees in line with the fraud policy.
• Ensuring filing of police complaints within prescribed time.
• Error-free preparation of FMRs for RBI Reporting.
• Following up on recoveries with respective teams regarding loan fraud cases where assets are available through Court, etc.
• Pursuing recoveries with various teams to expedite the enforcement of securities.