FCI : RCU Central Team

Job Title : Bharat Banking (Agriculture lending and Gold loan)- Fraud Detection

Location : Mumbai

Department : FCI- FCU

Employment Type : Full-Time

Experience Level : 10 -15 Years

Reporting To : FCU Detection Head

Preferred Joining : Immediate

Role & Responsibilities :

1. To Lead a high performing team and be driven to meet self-driven objective.

2. Analyse data points, reports and prepare presentations for senior management.

3. Maintain comprehensive records of fraud incidents and provide insights for policy enhancements.

4. Assist in implementing fraud prevention frameworks and risk mitigation strategies.

5. Deliver training sessions on fraud prevention, vigilance awareness, and best practices

6. Collaborate with internal teams, such as Risk management, Compliance, Business, BIU, Operations, Branch Banking, Legal etc.

7. Collaborate with internal teams to mitigate mule-related risks.

8. Analyse account activity, transaction patterns and customer behaviour.

9. Review and enhance existing rules / processes & monitoring system to improve detection & prevention of frauds & mule activity.

10. Provide insights and recommendations to stakeholders on frauds (MO / Typology / Root cause) and mule activity.

11. Ensure timely submissions to senior management and regulatory bodies.

12. Collaborate with Business, Operations, Compliance, and Credit teams to strengthen internal controls.

13. Collaborate with internal teams, such as Risk management, Compliance, Business, BIU, Operations, Branch Banking, Legal etc

14. Liaise with law enforcement agencies, legal teams, and internal stakeholders for case resolution.

Candidate Profile :

a) Bachelor / master's degree in agriculture / finance / commerce or a related field.

b) 10-15 years of experience in Agri lending, Gold loans, fraud control within the banking or financial services sector and strong understanding of Risk Assessment.

c) In-depth knowledge of Banking operations, KYC norms, and regulatory guidelines particularly for Bharat Banking Business.

d) Exposure to MFI Business.

e) Exposure to digital controls in Agri / Gold loan / Retail lending.

f) Strong analytical and People management skill with a keen eye for fraud detection.

g) Ability to work under pressure and manage multiple tasks simultaneously.

h) Proficient in preparing PowerPoint presentations.

i) Excellent communication and coordination skills to manage internal and external stakeholders.

j) Experience in Budget management will be an added advantage.

k) Experience in Agri portfolio would be an added advantage (not compulsory).

l) Should be open to Travel.

Preferred Qualifications :

I. Certified Fraud Examiner (CFE) certification.

II. Technical know-how in digital lending, data analysis.

III. MBA.

Immediate joiners preferred

Skills Required

regulatory guidelines , Risk Assessment, Operations, Data Analysis, Fraud Detection