Fraud Investigator

  • Company:
    DBS Bank Ltd
  • Location:
  • Salary:
    negotiable / month
  • Job type:
  • Posted:
    2 weeks ago
  • Category:
    Financial Services/Stockbroking

Skill: engagement , policies , job posting; Exp: 10-13 years; Lead the investigation function within Financial Crime Security Services (FCSS) India and support business units by way of timely and effective investigations on cases. Ensure compliance to regulatory requirements related to fraud & misconduct investigations and promote implementation of best practices to enhance this function. Should be able to identify gaps/ weakness if any as part of the investigation process and provide recommendations to enhance the overall control environment within the bank. Key Accountabilities Be responsible for developing and implementing policies, standards and practices that are necessary to ensure timely and efficient investigation on cases related to fraud, staff misconduct, wrong doing, bribery & corruption. Carry out investigations and staff accountability reviews on NPA accounts. Ensure timely and accurate reporting within the organization and also to regulators. Coordinate with stakeholders and Group FCSS wherever required to ensure that the investigation framework is continually strengthened. Responsible for liaison with law enforcement agencies in matters related to frauds. Job Duties & Responsibilities Investigations Carry out fraud investigations and staff accountability reviews on NPA accounts. Ensure that the fraud investigations and staff accountability reviews are completed within agreed time lines and reports as per group guidelines are shared. Internal MIS & Reporting Ensure that cases are tracked closely, and high-quality reports are published in a timely manner. Devise metrices and reporting templates which will be placed in internal committees and also to internal teams. Identify areas for improvements as part of investigation process and highlight the same to stakeholders. Regulatory reporting of fraud Reporting of fraud to regulators as prescribed by the regulatory framework. Ensure that reporting of fraud to regulators is completed within the timeframe prescribed by the regulator. Engagement with Law Enforcement Agencies and industry Liaising with LEA for investigation of reported cases of frauds. Close coordination with fraud risk teams in other banks/ organizations and participate in industry risk forums Collaborate Collaborate effectively with stakeholders within the bank and also with counterparts in Group to continually enhance the investigation framework. Audit & Process controls Ensure adherence to internal policies, guidelines and processes and ensure that adequate support is provided at time of Audit / inspections and ensure that there are no significant findings. Experience At least 10 years of relevant experience. Demonstrated knowledge of investigation practices and good understanding of regulations related to areas of fraud , vigilance and Ant-bribery/ corruption. Demonstrated ability to engage and communicate with stakeholders. Education / Preferred Qualifications Relevant tertiary qualifications like CFE and/or demonstrated work experience Sound knowledge of banking and other financial services products



Experience: 10-13

Function: Human Resource / IR / Training & Development