Regional Manager

Lendingkart Group; Chennai District; On-site; INR 2,400,000 - 4,000,000; Full time

Job summary

Lendingkart Group is seeking a seasoned Fraud Leader to supervise and mentor a team of analysts and investigators. The role focuses on developing prevention strategies, overseeing investigations, and driving risk mitigation across the organization.

The ideal candidate will have 8–12 years of fraud prevention experience, strong analytical skills, and a proven track record in leadership and policy development.

Qualifications

• Minimum Graduate with relevant skill set; advanced degree or professional certification preferred.
• 8–12 years in fraud prevention, detection, and investigation, preferably in a managerial role.
• In-depth knowledge of fraud schemes and prevention techniques.
• Knowhow of integration of internal & external fraud tools & solutions.
• Strong analytical and data interpretation skills.
• Excellent leadership and team management abilities.
• Effective communication and stakeholder liaison skills.
• Sound judgment in high-pressure situations.
• Proficiency in fraud detection and investigation software.

Responsibilities

• Supervise, mentor, and train a team of fraud analysts and investigators.
• Develop and implement comprehensive fraud prevention strategies.
• Oversee investigations of suspected fraud and coordinate with law enforcement as needed.
• Conduct risk assessments and enhance authentication and monitoring controls.
• Formulate and enforce fraud prevention policies and procedures.
• Provide training and awareness programs across the organization.
• Prepare regular fraud incident reports for senior management.

Skills

Leadership

Team management

Fraud prevention

Analytical skills

Communication

Risk assessment

Policy development

Education

Bachelor's degree

Certified Fraud Examiner (CFE)

Tools

Fraud Detection Tools

Data Analytics Tools

Job description

Team Leadership: Supervise, mentor, and train a team of fraud analysts and investigators. Set clear goals and objectives for the team and monitor their performance. Foster a collaborative and supportive work environment to ensure effective teamwork.

• Fraud Prevention Strategy: Develop, execute and implement comprehensive fraud prevention strategies and initiatives. Stay updated on emerging fraud trends, technologies, and methodologies to adapt strategies accordingly. Assess adoption of Best Practices used in the Industry through Peer Networking. Conduct regular assessments of existing fraud prevention measures and make recommendations for improvement.
• Detection and Investigation: Oversee the investigation of suspected fraudulent activities, including reviewing transactional data, conducting interviews, and gathering evidence. Analyze patterns and trends in fraudulent activities to identify potential risks and vulnerabilities. Highlight Lapses and suggest mitigates to prevent them in future. Coordinate with law enforcement agencies and legal counsel as necessary during investigations to help in conclusive closure of Identified Fraud cases and assist in Recovery.
• Risk Assessment and Mitigation: Conduct risk assessments to identify potential areas of vulnerability to fraud. Implement controls and measures to mitigate fraud risks, including enhancing authentication processes and monitoring systems. Collaborate with internal audit and compliance teams to ensure alignment with regulatory requirements and industry best practices.
• Policy and Procedure Development: Formulate fraud prevention policies, procedures, and protocols.

Communicate and enforce fraud prevention policies across the organization. Provide training and awareness programs to educate employees on fraud risks and prevention strategies. Drive a culture of Zero Tolerance across the Organization through strict enforcement of Fraud Prevention Policy and Processes.

• Reporting and Documentation: Prepare regular reports on fraud incidents, investigations, and outcomes for senior management and relevant stakeholders. Maintain accurate records of fraud incidents, investigations, and resolutions in accordance with regulatory requirements and company policies.

Desired Skills & Qualifications

• Minimum Graduate with relevant skill set. Advanced degree or professional certification (e.g., Certified Fraud Examiner) preferred.
• Proven experience of minimum 8 to 12 years in fraud prevention, detection, and investigation, preferably in a managerial or supervisory role.
• In-depth knowledge of fraud schemes, methodologies, and prevention techniques.
• Knowhow of Integration of Internal & External Fraud Tools & Solutions.
• Strong analytical skills with the ability to interpret complex data sets and identify patterns indicative of fraudulent activity.
• Excellent leadership and team management abilities, with a track record of building and motivating high-performing teams.
• Effective communication and interpersonal skills, with the ability to liaise with internal and external stakeholders at all levels.
• Sound judgment and decision-making skills, particularly in high-pressure situations.
• Proficiency in relevant software applications and tools for fraud detection and investigation.