Manager - Fraud Risk

About Company

Established in Mumbai more than three decades ago, the company is a prominent figure in India's financial services sector. It boasts a nationwide presence, operating in over 500 cities. The NBFC and its subsidiaries offer a wide array of products including gold loans, housing loans, microfinance, loans against property and securities, and insurance services.

Job Description

Fraud detection, investigation, and reporting

Identify suspicious or unusual activities that may indicate fraud

Investigate such cases in detail and find out what went wrong

Prepare clear reports explaining the issue, findings, and next steps

Wilful default case analysis and documentation

Analyze cases where borrowers intentionally do not repay despite having the ability to pay

Review financial records and transaction history

Prepare proper documentation for internal review or legal action

Vendor due diligence and risk checks

Conduct background checks on vendors and third parties

Verify documents, financial stability, and reputation

Assess and classify vendor risk before onboarding or renewal

Review of financials and transactions

Examine financial statements, bank statements, and transaction data

Look for inconsistencies, red flags, or unusual patterns

Support risk assessment and decision-making

Coordination with internal teams

Work closely with Audit, Legal, Compliance, and Business teams

Share findings, collect information, and support investigations or approvals

Ensure actions are aligned with company policies and regulations

Preparing presentations

Create presentations and summaries for management

Highlight key risks, findings, and recommendations in a clear manner

Mandatory Requirement

Primary Job Profile : Credit

Technical Skills : Due diligence, Fraud detection, Risk assessment

Candidate Industry Requirement: NBFC, Bank

Candidate Location Requirement: Mumbai

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