| Investigations: Head - Trade & Forex |
| INTERNAL USAGE: |
| No. of Vacancies: | 1 | Reports to: | Internal Vigilance: Chief of Internal VigilanceĀ |
| Is a Team leader? | Y | Team Size: | Ā |
| Ā | Ā |
| Grade: | SVP1 Ā |
| Business: | Internal Vigilance | Department:Ā Ā | Internal Vigilance | Sub-Department: | Ā |
| Location: | Mumbai |
| About DepartmentĀ |
- The main function of the Vigilance Department is to undertake preventive vigilance and anti-corruption measures as also investigate complaints /allegations having vigilance angle .
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| AboutĀ theĀ Role |
Vigilance team is responsible for Adherence to timelines for completion of Vigilance investigationĀ |
| Key Responsibilities |
- Should ensure for obtention of relevant information required for FOREX & TRADE relatedĀ investigations from various departments / systems / branches and get it completed within time norms as specified in Fraud Policy.
- Review the preparation of comprehensive investigation reports focusing on Root Cause Analysis, Identification of Process / Control Gaps, recommendations for improvement of processes and mitigation of Fraud Risk, Identification and fixing of Staff Accountability
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| Qualifications |
- Chartered Accountant / MBA / Accounting / FRM
- Good Knowledge on Retail Banking - Lending functions
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| Role Proficiencies: |
- Should have a good knowledge of Forex & Trade transactions and operations, different processes, products, Bank Circulars, and all Forex and Trade related systems of the Bank.
- Should be able to handle different types of FOREX & TRADE relatedĀ investigations.
- Should ensure for obtention of relevant information required for FOREX & TRADE relatedĀ investigations from various departments / systems / branches and get it completed within time norms as specified in Fraud Policy.
- Should visit locations in case of critical frauds for assessing the incident, interaction with staff and interactions with the Controllers.
- Review the preparation of comprehensive investigation reports focusing on Root Cause Analysis, Identification of Process / Control Gaps, recommendations for improvement of processes and mitigation of Fraud Risk, Identification and fixing of Staff Accountability
- Should be able to provide updates regarding the FOREX & TRADE related cases investigated to Senior Management Committees.
- Should make effective use of data and AI / RPA (Robotic process automation) for innovatively driving the investigation process
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