Job Description
JOB ROLE:
o Transaction Monitoring: Leading a team for transaction analysis basis alerts on Fraud Risk Management (FRM) System and defining rules in the FRM for monitoring.
o Identifying abnormal/suspicious trends through data/txn analysis & work on “early warning signals” and alerts.
o Interpret the risk parameters involved in the trends identified and defining, modifying rules.
o Raise queries/alerts to the concerned for appropriate actioning and mitigate the risks.
o Liaising with Branches, RRM & various departments for logical closure to alerts & queries raised.
o Qualitative analysis of all responses received from channel
o Analysis of Periodic reports including Transaction & account conduct analysis.
o Regular updating of NCIF & CIBIL
o Last Mile completion tracking on various reports/dashboards
o Projects - Automation of RCU Process Workflows using RPA, automated workflows and digital solutions for current workflows
Job Requirements:
Minimum 10+ years of work experience
Strong analytical, communication & follow-up skills
Good knowledge of Ms Excel, Ms Word & PowerPoint
Capability of pre-empting risks & trend and eye for details.
Should be Self-motivated & takes initiatives Capability of pre-empting possible violation of KYC /controls/processes
Capability of pre-empting risk lines & trends through data.
Excellent written and oral communication skills
Knowledge of Branch Banking processes/systems/controls
Understanding & working knowledge of Fraud Risk Management Systems preferred
o Transaction Monitoring: Leading a team for transaction analysis basis alerts on Fraud Risk Management (FRM) System and defining rules in the FRM for monitoring.
o Identifying abnormal/suspicious trends through data/txn analysis & work on “early warning signals” and alerts.
o Interpret the risk parameters involved in the trends identified and defining, modifying rules.
o Raise queries/alerts to the concerned for appropriate actioning and mitigate the risks.
o Liaising with Branches, RRM & various departments for logical closure to alerts & queries raised.
o Qualitative analysis of all responses received from channel
o Analysis of Periodic reports including Transaction & account conduct analysis.
o Regular updating of NCIF & CIBIL
o Last Mile completion tracking on various reports/dashboards
o Projects - Automation of RCU Process Workflows using RPA, automated workflows and digital solutions for current workflows
Job Requirements:
Minimum 10+ years of work experience
Strong analytical, communication & follow-up skills
Good knowledge of Ms Excel, Ms Word & PowerPoint
Capability of pre-empting risks & trend and eye for details.
Should be Self-motivated & takes initiatives Capability of pre-empting possible violation of KYC /controls/processes
Capability of pre-empting risk lines & trends through data.
Excellent written and oral communication skills
Knowledge of Branch Banking processes/systems/controls
Understanding & working knowledge of Fraud Risk Management Systems preferred
💡 Quick Summary
Seeking a career-building opportunity? The RCU Trxn Monitoring Unit Head|Ho Support|Internal Control position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
