About the Role

1) The role involves developing and implementing policies, standards and practices for timely and productive investigation of the reported cases frauds, complaints, staff misconduct, bribery/ corruption, etc.

2) Proactively managing and undertaking the Investigations related to frauds, complaints, staff misconduct, bribery/ corruption, etc. in tandem with the leading forensic and fraud investigation practices, Bank's Policies, Procedures and Regulatory requirements.

3) Ensuring extensive use of technology and data analysis for achievement of the investigation conclusion.

Key Responsibilities

1) Commencement and completion of investigations within time norms. Adherence to the processes as per the Fraud Risk Management policy of the Bank.

2) Comprehensiveness and quality of investigations - Comprehensiveness and quality of investigations, focus on Root Cause Analysis, identification of Process / Control Gaps, provide qualitative recommendations for improvement of processes and mitigation of Fraud Risk, identification and fixing of Staff Accountability, maintaining evidences,



records & documentation pertaining to investigations.

3) Large Value Frauds: - Reporting current large value fraud

-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.

4) Prompt and timely reporting of fraud cases: - Disseminate information and intelligence with the concerned internal departments

-Reporting to regulators and law enforcement agencies as per the guidelines.

-Providing updates to Senior Management management committees in line with the fraud policy.

-Ensuring of Filing of police complaints within prescribed time.

-Error free preparation of FMRs for RBI Reporting

Recovery of fraud loss: -Following up recoveries with the respective teams with regards to loan fraud cases where assets are available through Court etc. Pursuing recoveries with the various teams so as to expedite the enforcement of securities.

📌 Am: Investigator Digital Investigations Bengaluru (India)
🏢 Axis Bank
📍 India