8 - 15 years

Any Graduate

Vigilence- Fraud

25 lkh ~ 30 lkh

Job Name ? PA (Business Unit): Team Head ? Vigilance (Investigation) Team Head-Fraud & Vigilance" -



Job Title :Team Head ? Vigilance (Investigation)



Business Unit (PA) :Fraud & Vigilance



Team : (Sub team in the PA)



Reports to (job) :Chief of Internal Vigilance



Location of role: Pan India



Job Fn: Fraud & Vigilance



Role Type: Supervisory

No of direct reportees:4-6

Travel Required: Moderate



Job Band Range

JD Created date: 18-01-2019

JD Updated date: 18-01-2019



JD approved by (business):

Version No : 2.0





Job Purpose: Review of vigilance arrangement and whistle blow in the bank, liaison with law enforcement agencies, take punitive vigilance measures.






Job Responsibilities(JR)


Actionable

• Investigation
• Development of Whistle Blower and Fraud and Vigilance related systems
• Supervising LEA activity

• Investigation of cases assigned with logical conclusion/closure within the defined TAT.
• Ensuring quality of investigation reports in terms of completeness and correctness.
• Prompt reporting to the competent/regulatory authority.
• Review and tracking of investigations undertaken by team.
• Preparation and periodic submission of reports to seniors/board/committee and regulatory authorities.
• Process improvement in terms of investigation & case management.
• Improvise the existing systems & procedures.

• Ensure that the whistle blower and vigilance mechanism of the Bank are functioning seamlessly and as per the laid down policy.
• Develop systems and mechanism to ensure smooth processing of the whistle blower/ Vigilance and fraud cases through the system without any miss outs or errors and also to ensure that the mechanism is person independent
• Develop and system of training and awareness among the staff on whistle blower and vigilance related activities.

• Liaison with law enforcement/regulatory authorities.

• Supervising of Tracking/monitoring activity of notices/ requirements received from various Law Enforcement Agencies (LEAs).
• Ensuring timely submission of such information/documents to LEAs.
• Escalation to stake holders in case of breach of TAT.
• Publishing periodic LEA MIS to all stakeholders.

• Preventive/Punitive Vigilance

• Take measures on preventive vigilance, carry surveillance, detection and punitive vigilance.
• Conduct training for Business/Other support functions to make them aware about the recent fraud trends.
• Tracking implementation of recommendations of released reports.
• Collecting intelligence on corrupt practice.
• Guidance to various business groups from vigilance perspective.
• Determination of staff accountability in fraud & vigilance/WB cases and monitoring of initiation of disciplinary action.

• Supervisory
• Notes to Management

• Regular monitor performance of the team.
• Bring efficiency in the activities carried out in the unit. Identify automation opportunities.
• To ensure participation of self and team members in special assignments.
• Plan, allocate, prioritize and regularly monitor work done by team members to build a quality driven culture.
• Provide guidance, direction and all necessary support to team members.
• Recognize performance, nominate team members for reward and recognition.
• Preparation and submission of quarterly and annual notes to the Management/Board
• Handle queries raised by Internal / External entities.

Educational Qualifications


Key Skills

• Graduation/Post Graduation

Certifications (Optional)

• Certified Fraud Examiner (CFE)
• CAIIB (Optional)
• ACFE (Optional)
• Internal Certification

• Regulatory knowledge on Fraud Classification and Reporting.
• Good analytical and team handling skills.
• Communication and presentation skills.
• Knowledge of current trends in financial Industry.
• Focus on quality of work done by team members.

Experience Required

• Minimum experience in years ? 8 to 12 yrs

Major Stakeholders

• All Internal Units
• Senior Management
• Regulators
• Statutory / Regular Auditors