Job Description
Business Function
Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose:-
With growing number of transactions in cards and digital platform hiring resources who will be responsible for the prevention and detection of potential fraud across all payment channels by reviewing customers transactions / accounts and they will monitor system alerts daily and take necessary action to protect customers and the bank.
Key Accountabilities:-
Responsible for developing and implementing action plans for detecting fraudulent activities.
Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process.
Timely review of Fraud and Authorization rules/parameters in respective systems based on Analysis of new fraud trends.
Ensure compliance with all laid down policies and procedures for smooth operations of unit.
Initiatives to enhance approval rates.
Job Duties & responsibilities:-
Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process
To ensure investigation is completed & closure report is issued within TAT from the date when case is referred
Implementation of fraud rules in systems based on Analysis of new fraud trends.
Monitor real time queues and identify high risk transactions within acceptable turnaround time
Recommend anti-fraud processes for changing transaction patterns and trends.
Process and approve authorization requests
Handle enquiries and complaints from Merchants and Cardholders; undertake investigative and follow-up action to ensure that complaints are properly resolved.
Educate Merchants on the correct card acceptance and authorization procedures.
Attend to and process Lost/Stolen Card reports from Cardholders
Carry out fraud monitoring and take pro-active follow-up actions to mitigate fraud losses
Consistently adopt group Investigation Standards & procedures
Contact cardholders to verify transaction
Ensure submission of pertinent information / reports on confirmed fraud transactions.
Monitor personal and team performance and identify ways to improve team performance and service standards.
Willing to work in shifts (24/7) based on team requirements
Actively review and streamline operation processes
Pro-actively display teamwork and co-operation with each other in a harmonious manner to achieve excellent service quality and standards.
Check & maintain necessary MIS data, reports, files, records or movements.
Provide necessary administrative support in the processing of authorization- related tasks.
Provide timely updates to BU/SU/Team Lead.
Required Experience:-
Associate – 4-6 years, Analyst – 2-4 years, in similar profile
Proficient in English with good interpersonal and communication skills
Willing to do shift duties (24/7 set up).
Education / Preferred Qualifications:- Commerce Graduate
Core Competencies:-
Fraud Detection Skills, Risk Management, Communication Skills, Problem Solving Skills etc.
Technical Competencies:-
Investigation, Data Analytics etc.
Work Relationship:-
Support and maintain good working relationship with below units in timely investigations to process customer’s fraudulent transactions claims.
Internal workstreams like CBG Business Unit/ Product/ CCTR/ Operations etc.
External workstreams like Intellect/ Verinite/ M2P vendor etc.
DBS India - Culture & Behaviors:-
Drive Performance Through Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Knowledge Base, Build Skill Sets & Develop Competencies
Invest in Team Building & Motivation through Ideation & Innovation
Execute at Speed While Maintaining Error Free Operations
Develop a Passion for Performance to Grow Talent Pool
Maintain the Highest Standards of Honesty and Integrity.
Primary Location: India-Maharashtra-Mumbai
Job: Compliance
Schedule: Regular
Employee Status:
Full-time
:
Job Posting: Jul 17, 2026, 7:21:06 AM
Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose:-
With growing number of transactions in cards and digital platform hiring resources who will be responsible for the prevention and detection of potential fraud across all payment channels by reviewing customers transactions / accounts and they will monitor system alerts daily and take necessary action to protect customers and the bank.
Key Accountabilities:-
Responsible for developing and implementing action plans for detecting fraudulent activities.
Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process.
Timely review of Fraud and Authorization rules/parameters in respective systems based on Analysis of new fraud trends.
Ensure compliance with all laid down policies and procedures for smooth operations of unit.
Initiatives to enhance approval rates.
Job Duties & responsibilities:-
Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process
To ensure investigation is completed & closure report is issued within TAT from the date when case is referred
Implementation of fraud rules in systems based on Analysis of new fraud trends.
Monitor real time queues and identify high risk transactions within acceptable turnaround time
Recommend anti-fraud processes for changing transaction patterns and trends.
Process and approve authorization requests
Handle enquiries and complaints from Merchants and Cardholders; undertake investigative and follow-up action to ensure that complaints are properly resolved.
Educate Merchants on the correct card acceptance and authorization procedures.
Attend to and process Lost/Stolen Card reports from Cardholders
Carry out fraud monitoring and take pro-active follow-up actions to mitigate fraud losses
Consistently adopt group Investigation Standards & procedures
Contact cardholders to verify transaction
Ensure submission of pertinent information / reports on confirmed fraud transactions.
Monitor personal and team performance and identify ways to improve team performance and service standards.
Willing to work in shifts (24/7) based on team requirements
Actively review and streamline operation processes
Pro-actively display teamwork and co-operation with each other in a harmonious manner to achieve excellent service quality and standards.
Check & maintain necessary MIS data, reports, files, records or movements.
Provide necessary administrative support in the processing of authorization- related tasks.
Provide timely updates to BU/SU/Team Lead.
Required Experience:-
Associate – 4-6 years, Analyst – 2-4 years, in similar profile
Proficient in English with good interpersonal and communication skills
Willing to do shift duties (24/7 set up).
Education / Preferred Qualifications:- Commerce Graduate
Core Competencies:-
Fraud Detection Skills, Risk Management, Communication Skills, Problem Solving Skills etc.
Technical Competencies:-
Investigation, Data Analytics etc.
Work Relationship:-
Support and maintain good working relationship with below units in timely investigations to process customer’s fraudulent transactions claims.
Internal workstreams like CBG Business Unit/ Product/ CCTR/ Operations etc.
External workstreams like Intellect/ Verinite/ M2P vendor etc.
DBS India - Culture & Behaviors:-
Drive Performance Through Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Knowledge Base, Build Skill Sets & Develop Competencies
Invest in Team Building & Motivation through Ideation & Innovation
Execute at Speed While Maintaining Error Free Operations
Develop a Passion for Performance to Grow Talent Pool
Maintain the Highest Standards of Honesty and Integrity.
Primary Location: India-Maharashtra-Mumbai
Job: Compliance
Schedule: Regular
Employee Status:
Full-time
:
Job Posting: Jul 17, 2026, 7:21:06 AM
💡 Quick Summary
Seeking a career-building opportunity? The Specialist| Fraud Operations| Consumer Banking 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.
