Manager-Fraud Investigation & Risk Advisory

HRhelpdesk; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

HRhelpdesk seeks a seasoned Fraud Investigation & Risk Advisory lead to drive complex investigations, risk assessments, and data analytics across multiple industries. You will manage client engagements, mentor teams, and interact with senior management to deliver high-quality forensic and advisory services.

The role requires 5–8 years of relevant experience, strong analytical skills, and proficiency in data analytics and reporting. You will guide procurement reviews and strengthen fraud controls.

Qualifications

• 5–8 years of experience in Fraud Investigation, Forensic Advisory, Internal Audit, Risk Advisory, or Forensic Data Analytics.
• Experience with Fraud Risk Assessments (FRA) and fraud risk management frameworks.
• Understanding of procurement lifecycle and procurement fraud schemes.
• Strong analytical, report writing, and stakeholder management skills.

Responsibilities

• Lead and manage corporate fraud investigations involving financial irregularities, employee misconduct, procurement fraud, asset misappropriation, bribery and corruption.
• Develop investigation strategies, identify risk areas, and review financial and operational records.
• Conduct interviews with employees, management, vendors, and other stakeholders.
• Review electronic and physical evidence, analyse financial transactions, and establish fund flows.
• Prepare investigation reports summarising findings and recommendations.
• Plan and conduct Fraud Risk Assessments (FRA) across processes.
• Identify fraud schemes, control gaps, and process vulnerabilities; propose mitigations.
• Mentor junior team members and manage client engagements from planning to reporting.
• Present findings to senior management and clients; ensure timely delivery with quality.

Skills

Fraud investigation

Forensic analytics

Risk assessment

Data analytics

Team management

Interviewing

Analytical thinking

Report writing

Stakeholder management

Education

CFE

CIA

CAMS

Tools

SAP

Oracle

Excel

Job description

TheManager – Fraud Investigation & Risk Advisory will lead and execute complexfraud investigations, fraud risk assessments, procurement reviews, forensicdata analytics, and process reviews across multiple industries. The roleinvolves identifying fraud risks, conducting forensic examinations, evaluatinginternal controls, leveraging data analytics to detect anomalies, andrecommending practical risk mitigation measures. The incumbent will manageclient engagements, mentor team members, and interact with senior management todeliver high-quality forensic and advisory services.

Key Responsibilities:

Fraud Investigations

• Lead and manage corporatefraud investigations involving financial irregularities, employeemisconduct, procurement fraud, asset misappropriation, bribery andcorruption, conflict of interest, and regulatory violations.
  
• Develop investigationstrategies, identify key risk areas, and perform detailed review offinancial and operational records.
  
• Conduct interviews withemployees, management, vendors, and other stakeholders.
  
• Review electronic andphysical evidence, analyse financial transactions, and establish fundflows where required.
  
• Prepare investigationreports summarising findings, evidence, conclusions, and recommendations.
  
• Plan and conductenterprise-wide and process-specific Fraud Risk Assessments (FRA).
  
• Identify fraud schemes,inherent and residual risks, control gaps, and process vulnerabilities.
  
• Facilitate workshops withbusiness and process owners to assess fraud scenarios.
  
• Develop fraud riskregisters, risk-control matrices, heat maps, and mitigation plans.
  
• Recommend preventive,detective, and corrective controls aligned with leading practices.
  

Procurement Reviews

• Conduct forensic andcompliance reviews of procurement and sourcing functions.
  
• Review vendor onboarding,tendering, bid evaluations, purchase approvals, contract management,vendor payments, and conflict-of-interest scenarios.
  
• Identify instances of bidmanipulation, split purchases, duplicate vendors, fictitious vendors,overbilling, kickbacks, and other procurement irregularities.
  
• Evaluate procurementgovernance and recommend process improvements.
  

Data Analytics

• Perform forensic dataanalytics using structured and unstructured datasets.
  
• Design analytical teststo identify anomalies, suspicious transactions, duplicate payments,unusual vendor patterns, round-dollar transactions, split purchases,Benford's Law exceptions, and related-party indicators.
  
• Interpret analyticalfindings and integrate them into investigation and audit procedures.
  
• Work with large datasetsfrom ERP systems and databases to support investigations and reviews.
  

Process Reviews & Internal Controls

• Review business processesand evaluate design and operating effectiveness of internal controls.
  
• Identify processinefficiencies, control weaknesses, fraud vulnerabilities, and compliancegaps.
  
• Recommend processimprovements to strengthen governance and reduce fraud exposure.
  
• Assist clients inenhancing fraud prevention frameworks and control environments.
  

Client & Project Management

• Independently managemultiple engagements from planning through reporting.
  
• Prepare engagement plans,timelines, resource allocation, and status updates.
  
• Present findings andrecommendations to senior management and clients.
  
• Ensure timely deliverywhile maintaining quality standards.
  

Team Management

• Supervise, mentor, anddevelop junior team members.
  
• Review workpapers anddeliverables to ensure technical quality.
  
• Conduct training sessionson fraud risk management, investigations, and forensic analytics.
  
• Support recruitment andcapability development initiatives.
  

Business Development

• Assist in preparingproposals, presentations, and scope documents.
  
• Support clientrelationship management and identify opportunities for additional advisoryservices.
  
• Contribute to developmentof methodologies, investigation tools, and knowledge repositories.
  

Requirements

Qualifications:

• Additional certificationssuch as Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA),Certified Anti-Money Laundering Specialist (CAMS) etc would be addedadvantage
  

Experience:

• 5–8 years of experiencein Fraud Investigation, Forensic Advisory, Internal Audit, Risk Advisory,or Forensic Data Analytics.
  

Desired Skills & Competencies:

• Strong knowledge of fraudinvestigation methodologies and forensic accounting principles.
  
• Experience in Fraud RiskAssessments (FRA) and fraud risk management frameworks.
  
• Understanding ofprocurement lifecycle and procurement fraud schemes.
  
• Experience in forensicdata analytics and interpretation of large datasets.
  
• Knowledge of businessprocesses, internal controls, governance, and risk management.
  
• Strong analytical,problem-solving, and critical thinking skills.
  
• Excellent report writing,presentation, and stakeholder management capabilities.
  
• Ability to managemultiple engagements under tight timelines.
  
• High ethical standardsand professional integrity.
  

Preferred Technical Skills:

• Microsoft Excel(Advanced)
  
• ERP systems such as SAP,Oracle, or similar (preferred)