Job DescriptionTeam Member: Fraud Investigation Oversight – Fraud Risk Management (M5/M6) NJob SummarynThe job involves providing independent oversight and review of fraud investigations conducted by First Line of Defense teams of the Bank. NThe role will ensure effective fraud risk governance with regards to Investigations, adherence to regulatory requirements, quality assessment of investigation outcomes and identification of emerging fraud risks and share relevant inputs/feedback to the First line of defense. The position requires solid analytical capabilities, an understanding of fraud risk management practices, and the ability to independently challenge investigation findings where necessary. NKey ResponsibilitiesnFraud Investigation Oversight Nn Perform independent review and oversight of fraud investigations conducted across the Bank. N Assess adequacy and completeness of investigation reports, supporting evidence and conclusions. N Review investigations pertaining to significant fraud incidents and large-value fraud cases. N Challenge investigationfindings where appropriate and ensure consistency in fraud classification and reporting. N Track closure of observations and remediation measures arising from investigation reviews. NnGovernance and Framework Development Nn Support enhancement of the fraud investigation oversight framework, standards and review methodology. N Ensure alignment of fraud oversight activities with regulatory requirements and internal policies. N Assist in strengtheninggovernance mechanisms around fraud management and investigation processes. NnMonitoring and Reporting Nn Prepare management information, dashboards and reports on fraud investigations, trends and control deficiencies.



N Present key observations and thematic findings to senior management forums including FRMC and other governance committees. N Monitor emerging fraud patterns and recommend preventive actions. NnControl Effectiveness Reviews Nn Assess effectiveness of controls identified during investigations. N Evaluate root cause analyses and adequacy of corrective and preventive actions. N Recommend improvements in fraud prevention, detection and monitoring controls. NnStakeholder Management Nn Interact with Business, Operations, Vigilance, Compliance, Legal, Internal Audit and Risk teams. N Provide independent perspectives on fraud-related matters and support risk-based decision making. N Ensure timely escalation of significant fraud risk concerns and unresolved issues. NnQualifications andSkills NEducationnn Bachelor's degree in Finance, Commerce, Accounting, Business Administration, Risk Management, Law or a related discipline. N Professional certifications such as Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA), Chartered Accountant (CA), FRM or similar qualifications will be preferred NnExperiencen7 – 12 years of relevant experience with significant exposure to fraud investigations, fraud governance, oversight, risk management or audit functions Nn Knowledge of RBI fraud management guidelines and banking regulations preferred. N Experience in Investigations, fraud review, governance, oversight or control assessment roles will be advantageous. N Exposure to large-valuefraud investigations and committee reporting is desirable. NnSkillsnnStrong analytical and investigative review capabilities. N Ability to independently challenge and assess investigation outcomes. N Excellent reporting andpresentation skills. N Strong stakeholder management and communication abilities. N Proficiency in MS Excel, PowerPoint and data analysis techniques. N Understanding of fraud risk management frameworks and governance practices N

📌 Fraud Investigator (Alibag)
🏢 Kotak Mahindra Bank
📍 Alibag