Looking for Manager Level for Fraud Detection &Trade; Surveillance in Compliance Department in Surveillance Team.

Department: Surveillance

Function: Surveillance

Reporting to: Manager-FP

Job Purpose

- The Fraud Prevention Analyst is responsible for safeguarding the organization against fraudulent activities by proactively identifying, investigating, and mitigating fraud risks.
- The role involves monitoring transactions, analyzing data to detect suspicious patterns, reviewing flagged activities, and collaborating with cross-functional teams to implement effective fraud prevention measures.
- The analyst also supports investigations, liaises with relevant stakeholders, including law enforcement where required, and contributes to minimizing financial losses while strengthening the organization's fraud risk management framework.

Key Deliverables

- Monitor customer accounts, transactions, and activities to identify potential fraudulent behavior.
- Investigate suspicious transactions and alerts using internal systems and fraud detection tools.
- Analyze data and trends to identify emerging fraud patterns, risks, and vulnerabilities.
- Review and validate flagged cases to determine appropriate action, including account restrictions or escalations.
- Conduct detailed fraud investigations and document findings with accuracy and completeness.
- Collaborate with Operations, Compliance, Risk, Customer Support, and Technology teams to resolve fraud-related cases.
- Recommend and implement fraud prevention strategies, controls, and process improvements to reduce fraud exposure.
- Escalate high-risk or complex fraud cases to senior management and relevant authorities, including law enforcement,



where applicable.
- Ensure adherence to internal policies, regulatory requirements, and industry best practices related to fraud prevention.
- Prepare periodic reports and dashboards on fraud trends, investigation outcomes, and key performance metrics.
- Support the testing and enhancement of fraud detection systems, rules, and monitoring processes.
- Participate in awareness initiatives by educating internal stakeholders on fraud risks and prevention measures.
- Maintain confidentiality of sensitive customer and organizational information while handling investigations.
- Stay updated on emerging fraud typologies, industry trends, and regulatory developments to strengthen fraud prevention capabilities.

1. Team Leadership &

• Operations

- Supervise and mentor a team of fraud analysts and investigator team.
- Establish daily operational workflows for transaction monitoring, alerts management, and case investigations.
- Conduct performance reviews and design continuous training programs on emerging fraud patterns and regulatory updates.

2.

Fraud

Detection &

• Surveillance

- Design and fine-tune risk rules, alerts, and thresholds within the automated trade surveillance system to minimize false positives.
- Oversee deep-dive investigations into suspicious client accounts, high-risk trades,



and internal employee misconduct.
- Manage Anti-Money Laundering (AML) and Know Your Customer (KYC) escalation exceptions.

3.

Exchange

Inspection &

• Regulatory Compliance

- Lead the preparation and execution of periodic, thematic, and annual inspections conducted by stock exchanges and financial regulators.
- Gather, validate, and submit data dumps, transaction logs, and compliance reports requested by inspectors.
- Draft formal responses to exchange queries, show-cause notices, and audit findings.

4. Risk Mitigation &

• Reporting

- Present periodic fraud risk reports and escalations to senior management and the Chief Compliance Officer (CCO).
- Collaborate with IT and Product teams to implement robust security protocols and upgrade surveillance infrastructure.

Role Requirements

- Educational Qualifications: Graduate/Post Graduate
- Minimum 2 years of Experience in Internal Audit / Due diligence/ Fraud Detection / Investigation o Required stock broking knowledge
- Knowledge of Advanced excel for preparing various MIS
- Analytical skills - Voice recordings/ Data analysis o Excellent written and verbal communication skills
- Solid organizational skills including attention to detail and multitasking o Problem Solving approach

Profile Fraud Detection

- Experience 8/10 years
- Work Location : Malad Palmspring (West) Work Location : Malad Palmspring (West)
- Grade upto Manager
- Joining 15 days or immediate

Profile Trade Surveillance

- Experience 2 to 7
- Work Location : Malad Palmspring (West)
- Grade upto Asst Manager
- Joining 15 days or immediate

📌 Manager Level - Fraud Detection & Trade Surveillance (Malad)
🏢 Career Shaper
📍 Malad