Assistant Manager - Fraud Regulatory Reporting & MIS

Assistant Manager - Fraud Regulatory Reporting & MIS

About the company

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, color, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees.
2. Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees.
3. Dynamic, Inclusive and Diverse team culture 
4. Gender Neutral Policy
5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
6. Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose 

Individuals are responsible for FMR-1, FMR-4, CPFIR and adherence to RBI/SBI regulatory requirements. He/She is also responsible for updating financial postings for approved fraud loss cases and keeping track of all recoveries from PSAs/agencies.

Role Accountability 

1. Ensure accuracy and timeline adherence for MIS and Regulatory reporting.
2. Drive productivity by identifying automation opportunities and eliminate duplication of work. 
3. Coordinate with stakeholders ensure timely fraud recovery.
4. Ensure historical data is maintained for trend analysis and plan vs. actual report outs.
5. Assist Fraud Risk Management leadership in decision making by providing relevant data as and when needed.
6. Ensure process adherence with respect to SLA related to the vertical and ensure that data is timely and accurately reported.
7. Ensure controls in place and high level of accuracy maintained for VIC and Vendor billing input/calculations.
8. Ensure high level of accuracy in distribution of function's target (Plan/MoU) to individual targets and maintain history of activity. 
9. Performing financial entries of cases as per guidance and necessary approval. 
10. Coordination with Regulatory Authorities like RBI for Audits and Surveys 
11. Understand and interpret new regulatory circulars and create comprehensive adherence mapping.
12. Adhoc Surveys by regulators

Measures of Success 

1. Adherence to regulatory requirements
2. Timely update of fraud loss posting in systems.
3. Ensuring accuracy in all reported data in various forums/reports

Technical Skills / Experience / Certifications

1. MS Office Proficiency, Team Handling, Cross Functional Collaboration
2. Advance Excel, SAS, SQL
3. Regulatory Reporting Knowledge, MIS Reporting, Data Analysis, Quick Learner

Competencies critical to the role

1. Conflict Management 
2. Analytical Ability and Problem Solving
3. Knowledge of Regulatory Requirement

Qualification 

Graduate in any relevant discipline from a reputed and recognized institute / University.

Preferred Industry

FSI

Experience Level

Mid Level