Manager - Fraud Risk Management

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Compliance Risk Managemen

• tAccountable for monitoring and developing compliance risk management strategies for EXL operations
• .Take the lead in the development of compliance assessment and monitoring processes and controls to mitigate compliance risk. Responsibilities will include evaluation of new tools and processes to enhance prevention, detection and reporting on compliance risks
• .Conduct Compliance reviews and testing to identify areas of potential process improvement, gaps or trends and in coordination with other stakeholders, implement enhancements
• .Conduct compliance trainings and awareness drives on pertinent compliance topics
• .Proactively recommend and implement updates to existing compliance policies and procedures and draft new policies and procedures as necessary, in consultation with leaders
• .This role requires the ability to dive deep, react quickly, navigate complex business processes and evaluate risks related to processes, regulatory compliance, organizational structure, policy, and technology

.Fraud Risk Management

• Accountable for monitoring and developing fraud risk strategies for EXL operations in accordance with COSO framework
• .Take the lead in the development of fraud processes, strategies and controls to mitigate fraud risk. Responsibilities will include evaluation of new tools and processes to enhance prevention, detection and reporting on fraud risks
  
• .Perform regular assessments to identify areas of potential process improvement, gaps or trends and in coordination with other stakeholders, implement enhancements
• .Evaluate/test EXLs anti-fraud controls and make appropriate suggestions for enhancements to control
• sConduct targeted anti-fraud training as neede

dInvestigation and Vigilanc

• eHandling investigations into a range of issues involving bribery and corruption, conflict of interest, collusion, employee fraud, operational and financial frauds, embezzlement, third party frauds, procurement fraud, HR related issues, data theft and misappropriation
• .Examining suspicious activities: Reviewing allegations of fraud to determine if deception has occurre
• dGathering evidence: Collecting evidence and records, and interviewing witnesse
• sPreparing reports: Writing detailed reports and presenting them to managemen
• tCreating preventive systems: Developing systems to limit fraud and identify threats to the compan
• yUpdating fraud analysis models: Keeping models up to date with industry trends and security standard
• sAssisting with investigations: Helping fraud analysts and their teams with investigation
• sMust be capable of functioning as a sole contributor as well as collaborating with cross-functional teams to deliver investigations to support multiple stakeholders

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Bachelors degree in accounting, finance, business or related field. Masters degree preferre

d.Industry-related certification such as Certified Fraud Examiner (CFE) is a mus

t.Understanding of insurance, healthcare, procurement, consumer, financial institution, computer & internet & intellectual property related fraud

s.Strong knowledge of the 3 lines of defense model with special emphasis on the 2nd Lin

e.Strong knowledge of laws relating to bribery and corruption, data privacy and protection, money laundering, US Treasury AML guidelines, OFAC requirement

s.7+ years of relevant Anti-Fraud program experience with complex fraud investigations, auditing, risk management, compliance, finance, law or a related fie

ldExperience working with fraud detection scenarios, principles, and best practice

s.Strong analytical skills and ability to synthesize and summarize da

taProblem-solving skills and excellent written and verbal communication skill

s.Proficient in using investigative tools and softwar

e.Strong organizational, planning and project management skill sing fraud risk Framework at EXL in accordance with COSO principl