Requisition Number 44605 Job Location Bangalore IND Work Type Office Working Employment Type Permanent Posting Start Date 25 11 2025 Posting End Date 19 12 2025 Job Summary The Fraud Risk Investigator will be responsible for identifying investigating and mitigating fraud risks with a focus on Small and Medium Enterprise SME portfolios The role requires strong investigative skills the ability to analyse financial and transactional data and familiarity with fraud risk management tools and systems The investigator will work closely with internal stakeholders to ensure timely detection reporting and resolution of fraud cases while contributing to the continuous improvement of fraud risk controls Key Skills Strong Project management and Fraud Risk management skills with attention to detail Sound understanding of fraud risk typologies application fraud synthetic identities first-party fraud collusion etc Familiarity with fraud detection tools case management systems and data analysis platforms Knowledge of Retail lending processes and related fraud risk exposures Excellent written and verbal communication skills to document findings and interact with stakeholders High ethical standards integrity and discretion in handling sensitive information Key Responsibilities Strategy Support the fraud risk strategy by identifying emerging lending fraud trends and providing insights for risk mitigation Contribute to the development of fraud playbooks investigation frameworks and best practices Provide feedback on effectiveness of fraud risk tools and suggest improvements or new solutions Implement the Fraud Risk management infrastructure tools and technology for channels and products within WRB Manage fraud risk assisting businesses with implementing the best in class tools processes to minimize fraud losses while maintaining and adhering to customer charter goals and objectives Partner with risk management teams to align investigations with broader fraud strategies Business Investigate suspected fraud cases in Retail WRB lending partnerships and digital channels and collaborate with business units to resolve cases and implement remedial measures Prepare investigation reports and recommendations to senior management for decision-making Implement FRM policy strategies and Global Process Standards across all channels and products Develop application fraud detection framework for all products and channels to identify and respond to existing and emerging external fraud risks Provide subject matter expertise to stakeholders on fraud typologies relevant to WRB retail lending Develop a proactive independent balanced and a fraud risk awareness culture within the organisation Deploy the strategies and have oversight of processes and controls across products and channels for management lending external fraud risk Identify industry best fraud risk infrastructure and management practices are tabled and are considered for adoption within the country Support awareness programs for frontline and business teams on fraud detection red flags Processes Conduct end-to-end fraud investigations including evidence gathering transaction analysis and customer due diligence Document findings maintain audit trails and ensure compliance with regulatory requirements Leverage fraud detection and case management tools to proactively monitor suspicious activity Perform root-cause analysis of fraud incidents and recommend control enhancements Assist in the calibration and optimization of fraud detection rules models and scenarios Ensure timely closure of cases and accurate reporting of fraud losses and recoveries Lead and drive standardization automation and consolidation through re-engineering and process improvement initiatives for the group for Fraud Risk Management Identify and track Key Performance Indicators KPIs to support strategy testing environment and daily operations Continuously improve the operational efficiency and effectiveness of fraud risk management processes Ensure effective recovery tracking process in place for management of fraud risk Strong collaboration and concerted efforts with key stakeholders partners Accountable for pre-booking scenarios development fine-tuning to improve detection rates and FPR false positive rates in application fraud screening Accountable for defining SOW for fraud detection technology enhancements prioritization and development related discussions workshop with the vendor s Comply with the governance requirements as defined and applicable to change risk management while implementing changes enhancements Provide training for AFD operational use to relevant country and group teams as and when required Monthly review with stakeholders across Group and Countries Design and develop a global standard application verification approach for both pre-booking and post-booking scenarios Ensure Lessons Learned shared with SCB countries in timely manner People Talent Lead through example and build the appropriate culture and values within the Fraud Risk Management team Set appropriate tone and expectations from their team and work in collaboration with risk and control partners Risk Management Identify and share industry best practices and work with the businesses for their feasibility and implementation Ensure all country FRM policies and procedures comply with Group Policies and Standards Ensure proper and updated documentation in place for in-country policies and procedures Ensure various fraud risks are being actively prevented and detected in a timely manner on an end-to-end basis Proactive in seeking regular assurance that areas of responsibility are performing to an acceptable risk and control standards Ensure that effective management response plans are in place to respond to extreme but plausible fraud scenarios in the country Recommend changes to the process control environment or to business practices where necessary to reduce the level of fraud risk exposure to within the agreed appetite Balance business performance delivery and cost management with risk and control matters to ensure that it does not materially threaten the Group while remaining within risk appetite Governance Provide oversight across WRB Risk Operations team ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements Embed the Group s values and code of conduct in Wealth and Retail Banking Operations to ensure that adherence with the highest standards of ethics and compliance with relevant policies processes and regulations among employees form part of the culture Accountable for satisfactory closure of issues gaps arising from Internal Audits peer reviews and regulatory reviews for the countries in the Region Regulatory Business Conduct Display exemplary conduct and live by the Group s Values and Code of Conduct Take personal responsibility for embedding the highest standards of ethics including regulatory and business conduct across Standard Chartered Bank This includes understanding and ensuring compliance with in letter and spirit all applicable laws regulations guidelines and the Group Code of Conduct Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Lead the external fraud risk operations to achieve the outcomes set out in the Bank s Conduct Principles Fair Outcomes for Clients and The Right Environment Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Key stakeholders Internal stakeholders Group Lending and Risk Operations CCO Retail Clients RCOs CCH CCROs SOROs Regional Country Business Heads and Product Head - WRB Client segment Country FRM head and team Financial Crime Compliance and Shared Investigations Services Relevant members of Risk Operations management team T I partners supporting CPBB External stakeholders Auditors and Regulators Suppliers Vendors and Consultants Qualifications Education and experience Bachelor s degree in finance Forensic Accounting or related discipline CA CS CA inter 10 years of experience in fraud risk investigation preferably within banking fintech or financial services Experience in handling SME-related investigations will be an advantage Familiarity with fraud risk management tools Certifications CFE CFCS ACAMS etc Skills and Experience Good understanding and working experience on Credit risk and fraud risk management Good Knowledge of Client KYC CDD and verification process Sound Knowledge of Client onboarding maintenance and credit underwriting processes Business Strategy and Model Strong understanding of WRB client segments Good understanding of country fraud risk landscape Loss events Bureau checks Local verification tools applications Hands on experience on application fraud risk screening surveillance applications tools is must along with alert review and investigation process Knowledge of applicable Country regulatory and compliance guidelines driven by Country central bank and other state authorities relevant to mitigation and management of external fraud risk About Standard Chartered We re an international bank nimble enough to act big enough for impact For more than 170 years we ve worked to make a positive difference for our clients communities and each other We question the status quo love a challenge and enjoy finding new opportunities to grow and do better than before If you re looking for a career with purpose and you want to work for a bank making a difference we want to hear from you You can count on us to celebrate your unique talents and we can t wait to see the talents you can bring us Our purpose to drive commerce and prosperity through our unique diversity together with our brand promise to be here for good are achieved by how we each live our valued behaviours When you work with us you ll see how we value difference and advocate inclusion Together we Do the right thing and are assertive challenge one another and live with integrity while putting the client at the heart of what we do Never settle continuously striving to improve and innovate keeping things straightforward and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer In line with our Fair Pay Charter we offer a competitive salary and benefits to support your mental physical financial and social wellbeing Core bank funding for retirement savings medical and life insurance with flexible and voluntary benefits available in some locations Time-off including annual leave parental maternity 20 weeks sabbatical 12 months maximum and volunteering leave 3 days along with minimum global standards for annual and public holiday which is combined to 30 days minimum Flexible working options based around home and office locations with flexible working patterns Proactive wellbeing support through Unmind a market-leading digital wellbeing platform development courses for resilience and other human skills global Employee Assistance Programme sick leave mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth with opportunities to reskill and upskill and access to physical virtual and digital learning Being part of an inclusive and values driven organisation one that embraces and celebrates our unique diversity across our teams business functions and geographies - everyone feels respected and can realise their full potential

📌 Associate Director, Lending Fraud Risk (Karnataka)
🏢 Standard Chartered Bank
📍 Karnataka