Associate, Specialist, Investigations

DBS Bank; India; Remote; INR 6,00,000 - 8,00,000; Full time

Job summary

A major banking institution in India is seeking a Fraud Reporting Analyst to assist in preparing RBI reports and manage fraud data. The ideal candidate will hold a Bachelor's in Finance or related fields, with strong proficiency in MS Excel and RBI reporting platforms. This role involves coordinating with internal teams and law enforcement, ensuring accurate reporting and data handling. Attention to detail and strong communication skills are essential.

Qualifications

• Bachelor's degree in Commerce, Finance, Banking, or related discipline.
• Proficiency in MS Excel, data analysis, and creating MIS dashboards.
• Strong attention to detail and accuracy in data handling.

Responsibilities

• Assist in preparing and submitting Fraud Monitoring Returns through RBI's reporting portals.
• Gather case details from branches for suspected and confirmed fraud incidents.
• Prepare draft letters and case documents for reporting frauds to law enforcement.

Skills

Proficiency in MS Excel

Data analysis

Attention to detail

Good written and verbal communication skills

Education

Bachelor's degree in Commerce, Finance, Banking

Tools

RBI reporting platforms

CIMS

Daksh

Job description

Responsibilities

• Timely RBI Reporting: Assist in preparing and submitting Fraud Monitoring Returns (FMR-1, FMR-2, FMR-3, FMR-4, DCT tranche submissions), CPFIR through RBI's reporting portals within stipulated timelines.


• Fraud Case Data Collection: Gather case details from branches, departments, and business units for all suspected and confirmed fraud incidents in prescribed RBI formats.


• Law Enforcement Coordination Support: Prepare draft letters and case documents for reporting frauds to police, CBI, or other agencies as per RBI thresholds.


• Group Reporting Assistance: Compile and submit fraud data to the parent/group company or head office as per internal group reporting schedules and formats.


• Internal MIS Preparation: Create periodic MIS reports for senior management summarising open cases, reported frauds, and closure status using Excel or other reporting tools.


• Follow-up on Pending Cases: Track and update the status of fraud cases with branches, business units, and investigating officers until closure.


• Investigation Support: Provide administrative and data support to investigators e.g., collating documents, transaction statements, and correspondence.


• Board & Committee Reporting Support: Assist in preparing material for various committees like, Audit committee, Special Committee of the Board for Monitoring of Frauds (SCBMF), etc.


• Record Management & System Proficiency: Maintain proper files (physical and electronic) of all fraud cases to ensure audit readiness, and demonstrate proficiency in internal banking systems, Excel, and RBI submission portals.

Experience/Required Skills & Qualifications

• Bachelor's degree in Commerce, Finance, Banking, or related discipline.


• Proficiency in MS Excel, data analysis, and creating MIS dashboards.


• Proficiency in RBI reporting platforms, CIMS, Daksh etc.


• Familiarity with core banking systems and RBI reporting portals.


• Basic understanding of RBI's Frauds Classification and Reporting guidelines.


• Strong attention to detail and accuracy in data handling.


• Ability to manage multiple reporting deadlines.


• Good written and verbal communication skills.


• Ability to maintain confidentiality and handle sensitive information with discretion.


• Willingness to learn and adapt to new banking software and reporting tools.