Deputy Manager, Fraud Investigation, FINCA Pakistan

Lahore

Job Description

  • To plan and undertake investigations into allegations of fraud and corruption of varying nature and complexity.
  • To comply with legislative requirements governing the conduct of investigations.
  • To comply with Bank policies and procedures.
  • To assist in the identification of control weaknesses and implementing solutions and controls for future improvements.
  • To identify and utilize appropriate investigative techniques and technologies to achieve maximum efficiency and effectiveness.
  • To conduct witness interviews and take statements in accordance with current legislation.
  • To maintain to a high standard a record of each investigation, and produce appropriate, timely reports
  • Prepare draft and finalization of special investigation report within reasonable time period.
  • To maintain confidentiality and discretion in carrying out all the duties of the post.
  • To coordinate with committees and other departments in relation to all fraud assignments e.g. obtaining and providing all relevant documents / evidences.
  • Maintain current knowledge of regulatory requirements, and department compliance policies, procedures and guidelines to ensure privacy and confidentiality of information at all times
  • Support line manager and functional head in developing the strategies for fraud detection and investigation
  • Prioritize and organize workload to ensure deadlines are met and pending items are reviewed regularly.
  • Ensure that all fraud & forgery case files and documents are maintained, updated, protected in a secured manner.
  • Quarterly report frauds to the Board’s Risk Management Committee during the month following the quarter to which it pertains.
  • Ensure that the systemic gaps, if any, that facilitated perpetration of fraud have been filled and actions being taken by the management to curb such incidents in the future.
  • Identify the reasons for delay in detection and reporting to the senior management of the bank and SBP, if any.
  • Monitor progress of investigations, court cases and recoveries position.
  • Review the efficacy of remedial actions taken to prevent recurrence of frauds such as strengthening of internal controls etc.
  • Suggest any additional steps/ actions as may be deemed relevant to strengthen preventive measures against frauds.

Job Requirements



Core Competencies:
  • Entrepreneurial
  • Managerial thinking
  • Confident about his skill-set & professionally mature.
  • An objective, logical & enquiring mind.
  • Planned and well organized approach towards work.
  • Problem resolving approach
  • Ability to give constructive feedback.
  • Results Oriented - who would meet deadlines on assignments, juggle multiple demands and to work with all types of individuals.
  • Leadership
  • Team management
  • Time management
  • Stress management
  • Analytical skills
Communication Skills:
  • Team Player - Collaborate and support colleagues and peers across the organization, while still being able to work independently when needed.
  • Geared up to keep a creative communication with the Internal Customers to understand their business perspective & their priorities and their issues.
  • Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.
  • Ability to build relationships while asking tough questions
  • To develop & maintain a lateral synergy with other Managers in the IAD.
Technical Training:
  • Knowledge of and ability to prevent or report money laundering and Sanctions-related activities in banking and financial services industry.
  • Knowledge of and ability to utilize processes, tools, and techniques for detecting, addressing and preventing fraudulent situations.
  • Knowledge of policies and processes for operational risk management; ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures.
  • Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions, and ability to leverage that information in creating customized customer solutions.
  • Assesses and effectively manages all of the risks associated with their business objectives and activities to ensure activities are in alignment with the bank's and unit's risk appetite and risk management framework.
  • A sound concept of Internal Control Environment w.r.t COSO Framework.
  • Review security measures for breaches and corrective action.
  • Review authorization of sensitive functions and segregation of duties.
  • Review Expense and Revenue booking procedures.
  • Quality assurance
Progressive Skills
  • To maintain a perpetual knowledge base of local issues, topics and relevant information.
  • Eager to pursue professional development opportunities including external and internal training and professional association memberships.
Support Skills:
  • Assist Head of Internal Audit, in hiring, training, and evaluating staff, and taking effective actions to address performance matters.
Travel Requirement:
  • Occasional
Communication Skills:
·
Team Player - Collaborate and support colleagues and peers across the organization, while still being able to work independently when needed.
·
Geared up to keep a creative communication with the Internal Customers to understand their business perspective & their priorities and their issues.
·
Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.
·
Ability to build relationships while asking tough questions
·
To develop & maintain a lateral synergy with other Managers in the IAD.
Technical Training:
·
Knowledge of and ability to prevent or report money laundering and Sanctions-related activities in banking and financial services industry.
·
Knowledge of and ability to utilize processes, tools, and techniques for detecting, addressing and preventing fraudulent situations.
·
Knowledge of policies and processes for operational risk management; ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures.
·
Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions, and ability to leverage that information in creating customized customer solutions.
·
Assesses and effectively manages all of the risks associated with their business objectives and activities to ensure activities are in alignment with the bank's and unit's risk appetite and risk management framework.
·
A sound concept of Internal Control Environment w.r.t COSO Framework.
·
Review security measures for breaches and corrective action.
·
Review authorization of sensitive functions and segregation of duties.
·
Review Expense and Revenue booking procedures.
Progressive Skills
·
To maintain a perpetual knowledge base of local issues, topics and relevant information.
·
Eager to pursue professional development opportunities including external and internal training and professional association memberships.
Support Skills:
·
Assist Head of Internal Audit, in hiring, training, and evaluating staff, and taking effective actions to address performance matters.
Travel Requirement:

Occasional


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