.svg)
Head- Fraud Control Unit (Large NBFC)
About the Company
A leading non-banking financial services organization focused on retail and MSME lending, offering a wide range of financial products including personal, business, vehicle, and secured loans through a technology-driven, customer-centric approach.
Roles and Responsibilites
* Formulate and implement enterprise-wide fraud risk policies, governance frameworks, and standard operating procedures aligned with regulatory requirements and business objectives.
* Develop and periodically review fraud control policies for Two-Wheeler Loans, Auto Loans, Personal Loans, Business Loans, Loan Against Property (LAP), and Supply Chain Financing portfolios.
* Prepare and present fraud risk updates, portfolio trends, key incidents, policy recommendations, and mitigation strategies to the Board, Risk Management Committee, and senior leadership.
* Drive Board-level governance by providing actionable insights, regulatory updates, and strategic recommendations to strengthen the organization's fraud risk framework.
* Lead cross-functional initiatives to embed fraud risk controls into business processes while balancing customer experience and business growth.
* Establish fraud risk appetite, key risk indicators (KRIs), and governance metrics to support strategic decision-making and regulatory compliance.
Skills and qualifications
Qualifications
* Graduate in any discipline; MBA, CA, or equivalent professional qualification preferred.
* Certified Fraud Examiner (CFE) preferred.
* AML/KYC or other Risk & Compliance certifications are an added advantage.
* 12–18 years of experience in Fraud Risk Management, Fraud Control Unit (FCU), Vigilance, or Enterprise Risk within NBFCs, Banks, or Lending Institutions.
* Proven experience in fraud investigations, policy formulation, governance, and fraud control framework design across retail lending products.
Key Skills
* Enterprise Fraud Risk Management & Strategy
* Fraud Prevention, Detection & Investigation
* Policy Formulation & Governance Frameworks
* Board & Risk Committee Presentations
* Regulatory Compliance (RBI, KYC, AML, PMLA)
* Fraud Analytics, Early Warning Systems & Rule Engines
* Enterprise Risk Assessment & Control Design
* Lending Products Expertise: Two-Wheeler Loans, Auto Loans, Personal Loans, Business Loans, Loan Against Property (LAP), and Supply Chain Financing
* Vendor, DSA & Third-Party Risk Management
* Legal Coordination, Recovery & Law Enforcement Liaison
* Root Cause Analysis & Process Improvement
* Cross-functional Stakeholder Management
* Leadership, Team Building & Change Management
* Strong communication, presentation, and strategic decision-making skills
What's On Offer
* Opportunity to lead the Fraud Control Unit for a leading lending organization with enterprise-wide impact.
* Drive fraud risk strategy, policy formulation, and governance across multiple lending products, including Two-Wheeler, Auto, Personal, Business, LAP, and Supply Chain Finance.
* Partner closely with the Chief Risk Officer and senior leadership, with regular exposure to the Board and Risk Committee.
* Lead large-scale transformation initiatives using analytics, technology, and best-in-class fraud prevention practices.
* Build and mentor a high-performing team while shaping the organization's fraud risk culture.
* Competitive compensation, performance-based incentives, and strong career growth opportunities.
Lagrange Point For Job Seekers
Haven’t found your desired role?
Join us to discover opportunities that match your skills, aspirations, and career goals.
For Talent.
For Opportunity.
For Growth.
Why someone should join us?
