Vigilance Central Operations (MIS and Reporting)

Hiring for: A leading private sector bank in India, offering a wide range of banking and financial services to corporate, retail, and institutional clients.

Role: Vigilance Central Operations (MIS and Reporting)

Positions: 1

Experience: 12 to 18 years

Location(s): Mumbai

Salary: Up to INR 30 LPA

Overall Job Description

A.   MIS, Reports & Process

·       Preparing monthly/Quarterly/Annual memos for review of Vigilance Committee, Audit committee and board.

·       Preparing MIS & Dashboards for circulation to stakeholders

·       Creating and maintaining central repository for Vigilance Department.

·       Reviewing staff accountability cases to identify cases with a vigilance angle.

·       Conducting reviews/ study of processes with a vigilance perspective.

·       Drafting responses to regulatory authorities/ stakeholders.

·       Ensuring Banks Vigilance / WBM Policy are totally in sync with all statutory and regulatory guidelines.

·       Keep abreast of the latest regulatory guidelines and circulars and ensure adherence to the same.

B.   Preventive Vigilance

·       Assimilating intelligence through surveillance and detection about corrupt practices committed or likely to be committed by employees of the Bank which inter alia includes reviewing available information in public domain/other bank cases/ newspaper reports and providing necessary insights to the CIV from a preventive vigilance perspective.

·       Conducting Training & Awareness programs.

C.   Investigations

·       Adherence to the timelines for completion of Vigilance investigation.

-    To conduct investigations into verifiable allegations reported during the course of the year and / or complaints received/assigned by CIV and submission of reports for further consideration of the Disciplinary Authority. Completion of investigation and submission of reports within stipulated timeline’s.

·       Adherence to regulatory requirement / internal policies- Ensure adherence to the regulatory requirements / internal guidelines with regards to conducting and conclusion of investigations.

·       Comprehensiveness and quality of investigations Focus on Root Cause Analysis, Identification of Process / Control Gaps.

-   Provide qualitative recommendations for improvement of processes.

-   Identification and fixing of Staff Accountability.

-   Maintaining evidences, records & documentation pertaining to investigations.

-   Quality of notes placed to the committees.

Education - MBA in Finance/CA/LLB/CFE – Certified Fraud Examiner

Experience – Total 12–18 Years and relevant at least 5 years of relevant experience in Vigilance or Fraud Investigations