Key Responsibilities
Reporting of Fraud in RBI prescribed template.
Maintenance of Fraud Tracker and Fraud Master File.
Collation of necessary information through regular follow-up with RCU, Business, Recovery and other concerned teams.
Collection and validation of financial information from Finance systems, AML software and other relevant sources.
Preparation, collation and maintenance of reports required for Board, Audit Committee of the Board (ACB) and Insurance Department submissions.
Follow-up with RCU, Business and Recovery teams for Police Complaint filing and obtaining updates on investigation and recovery status.
Entry and updating of fraud case details in RBI Fraud Monitoring Utility and maintenance of the Fraud Master Database.
Processing and closure of fraud cases in RBI systems after completion of regulatory requirements.
Reporting of Theft, Burglary, Dacoity and Bank Robbery incidents immediately upon occurrence.
Ensuring compliance with RBI guidelines, regulatory timelines and internal governance requirements related to fraud reporting and monitoring.





Job Requirements
Graduate/Post Graduate in Commerce, Finance, Banking, Economics or related discipline.
2 to 4 years of relevant experience in Fraud Risk Management, Fraud Operations, Regulatory Reporting, Compliance or Banking Operations.
Experience in handling RBI Fraud Monitoring Utility (FMU) and fraud reporting processes preferred.
Proficiency in MS Excel, PowerPoint and MIS preparation.

Key Skills & Competencies
Solid understanding of RBI fraud reporting and regulatory guidelines.
Analytical and problem-solving skills with attention to detail.
Data management, reconciliation and reporting skills.
Effective stakeholder management and coordination abilities.
Robust written and verbal communication skills.
Ability to manage multiple activities and adhere to regulatory timelines.
Positive follow-up and documentation skills.
High level of integrity, ownership and compliance orientation.

📌 Fraud Reporting Mumbai
🏢 Kotak Mahindra Bank
📍 Mumbai