Fraud Investigator

Kotak Mahindra Bank; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Kotak Mahindra Bank is looking for an experienced professional in Fraud Risk Management to lead investigations into fraud and process lapses. The role requires a minimum of 10-15 years in fraud risk management, with excellent understanding of banking processes and a detail-oriented approach.

The ideal candidate will manage complex investigation cases and work with cross-functional teams to eliminate control weaknesses and improve internal processes. Strong analytical and leadership skills are essential for success in this role.

Qualifications

• Minimum 10 years of experience in fraud risk management or investigations.
• Excellent understanding of banking business processes and internal controls.
• Ability to work with large data sets.

Responsibilities

• Conduct investigations into reported frauds and allegations.
• Review control gap assessments and investigation processes.
• Identify control weaknesses and suggest improvements.
• Coordinate with internal stakeholders for fraud management.

Skills

Experience in Banking/NBFC investigations

Leadership skills

Project management skills

Analytical skills

Detail-oriented approach

Good communication skills

Hands-on knowledge of MS Office

Job description

Department: Fraud Risk Management

Location: Mumbai – Infinity

Position Grade: DVP/VP

Job Role

• Independently conduct and manage investigation cases into reported frauds as well as allegations of fraud and process lapses of varying nature and complexity.
• Review investigations conducted by the 1st Line of Defence for adequate coverage of control gap assessments and 360-degree investigation at the bank level.
• Review existing processes, rules, and procedures with a view to identify control weaknesses and eliminate the scope for fraud.
• Conduct internal stakeholder meetings and take appropriate actions based on senior management inputs on select frauds and fraud modus operandi.

Job Requirements

• Experience in Banking/NBFC investigations.
• 10 –15 years of relevant experience in fraud risk management, investigations, or vigilance functions.
• Excellent understanding of banking business processes across divisions and internal controls.
• Strong leadership and project management skills.
• Good analytical skills, detail-oriented approach, ability to co-relate, and comfortable working with large data sets.
• Good interpersonal and written communication skills.
• Hands-on knowledge of MS Office and banking applications.