Asst Mgr | Risk Control Unit | Life Insurance Co. | Mumbai

4 - 9 Years

Job Description

Concurrent Audit Investigation

Conducting detailed risk assessment of cases highlighted during concurrent audit
Analysis and investigation of malpractices identified in concurrent audit
Seeking explanation from concerned parties in probable fraud cases
Recommending and initiating disciplinary action against employees whenever applicable
Preparing reports post investigation of fraud/forgery cases
Highlighting cases to operations for raising further requirements wherever fraud/forgery has been identified to ensure regulatory and process guidelines are followed
Liase with various internal departments such as HR, IT etc.. whenever required
Liaise with external investigators whenever required

MIS, Analysis & Central Co-ordination for the Risk Control Unit (RCU)
Carry out data analysis for identification of various malpractices
Compiling & Publishing weekly/monthly /quarterly reports
Publish monthly trends/patterns on malpractices to be reported to top management
Preparing data for the RCU dashboard
Maintaining trackers for all actions taken by RCU
Assisting zonal risk managers with data required for investigation of cases
Maintaining data integrity

Vendor Management
Vendor risk assessment and performance evaluation framework. Vendor audits
Vendor Billing
Preparation of billing data on monthly basis and its reconciliation with the vendor
Reconciled data discussed within Hierarchy
Request for invoice and ensure timely receipt of the same
Ensure settlement of invoices within TAT

Required Candidate profile

Education- Any Post Graduate

Experience in Fraud Risk
Handling a team of 2 or 3
Check Dishonors
AM Required -From Insurance background

Salary: INR 9,00,000 - 9,50,000 PA.


Functional Area:Accounts, Finance, Tax, Company Secretary, Audit

Role Category:Finance/Audit

Role:Credit/Control Manager


Desired Candidate Profile

Please refer to the Job description above

Company Profile

Vishwa Management Services

Vishwa Management Services

Vishwa Management Services is a Leading Recruitment Consultancy Firm Is Into Executive Search & Selection, Human Resource And Placement Consultancy Business. We Are Based Out Of INDORE And Serving The Nationwide and Overseas. Vishwa Management Services, Offers Total Recruitment Services For Both Employers As Well As Employees. We Have Expertise In Non-IT And IT, ITES Recruitment. We Are Mainly Focused Into FMCG, Cement & Construction Material, Automobile, Pharma, Consumer Durable, Retail, IT, ITES, BPO/KPO, Life Sciences & Biotech Research.
View Contact Details+

Recruiter Name:Sandesh Nigam

Contact Company:Vishwa Management Services