RCU Analytics Team Member-HO & SUPPORT-RA-Risk Control Unit

Kotak Mahindra Bank

Oct 28, 2024

Applications are closed

Job
Full-time
Junior & Mid Level
Consulting
Banking & Finance
Mumbai

Requirements

Identification and assessment of risks to customers and products.
Investigation and root cause analysis for Fraud and Process violation cases
Ensure that new tracks and ideas are initiated for analysis and control across Pan India for RA RCU.
Risk and fraud prevention analysis.
Processing of Urgent Requirements Assigned by Senior Management on Fraud Cases.
To identify process gaps by analyzing alert fraud trends and recommend steps to mitigate potential risks.
Identify and recommend new ways to save cost and time by streamlining processes.
Involvement in digitization projects, including giving requirements until projects go live in productions.
Liasioning with the police and other Law Enforcement Agencies in cases of fraud reported and Filling of FIR/ComplaintResearch, consolidate, analyze, and prepare reports on fraud trends and local competitions.
Teamwork and vendor management skills.
Good problem-solving skills, good communication, and good presentation skills.
Graduate with good academics.
Should be well versed in the technical knowledge of advanced Excel and analysis. Power Point and Word.
Fraud analysis and compliance knowledge
Experience in handling the investigation and conclusion of fraud cases.
Liaison with police and law enforcement agencies
Minimum 2 -3 years of experience in the retail asset team.

Responsibilities

Identification and assessment of risks to customers and products.
Investigation and root cause analysis for Fraud and Process violation cases
Ensure that new tracks and ideas are initiated for analysis and control across Pan India for RA RCU.
Risk and fraud prevention analysis.
Processing of Urgent Requirements Assigned by Senior Management on Fraud Cases.
To identify process gaps by analyzing alert fraud trends and recommend steps to mitigate potential risks.
Identify and recommend new ways to save cost and time by streamlining processes.
Involvement in digitization projects, including giving requirements until projects go live in productions.
Liasioning with the police and other Law Enforcement Agencies in cases of fraud reported and Filling of FIR/Complaint
Research, consolidate, analyze, and prepare reports on fraud trends and local competitions.

FAQs

What department is this position part of?

This position is part of the Consumer Banking - Risk Control Unit – RA Manager Fraud Investigation.

Where is the job location?

The job is located in Mumbai / South Region.

How many positions are available for this role?

There are 2 positions available for this role.

What is the position grade for this job?

The position grade is M3/M4.

What are the main responsibilities of this role?

The main responsibilities include identifying and assessing risks, conducting investigations for fraud cases, analyzing fraud trends, processing urgent requirements, and participating in digitization projects.

What qualifications are required for this position?

A graduate degree with good academic performance is required, along with proficiency in advanced Excel, PowerPoint, and Word.

How much experience is necessary for this role?

A minimum of 2-3 years of experience in the retail asset team is necessary for this role.

What skills are essential for this position?

Essential skills include teamwork, vendor management, problem-solving, communication, presentation skills, and knowledge of fraud analysis and compliance.

Will this role involve liaising with law enforcement agencies?

Yes, this role will involve liaising with police and other law enforcement agencies in cases of fraud reported.

What type of analysis will be performed in this role?

The role will involve risk and fraud prevention analysis, as well as research and preparation of reports on fraud trends and local competition.

Kotak Mahindra Bank

Finance

Industry

10,001+

Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.