Vigilance Officer, VP

Overview

Vice President, Vigilance Officer (Chief Internal Vigilance Officer) responsible for strengthening the internal vigilance machinery at Deutsche Bank India in line with RBI guidelines, and for preventing, detecting and overseeing investigations into fraud and financial crime.

What you'll do

• Collect intelligence about corrupt practices committed, or likely to be committed, by employees of the organisation.
• Investigate or cause an investigation into verifiable allegations and oversee processing of investigation reports for the disciplinary authority.
• Refer matters to the CEO of the bank for advice where necessary and take steps to prevent improper practices or misconduct.
• Review pending investigation reports, disciplinary cases and vigilance complaints periodically and expedite action on them.
• Furnish periodic reports on vigilance activities to the Board / Local Governing Council.
• Devise and adopt methods to collect information about malpractice and misconduct among employees.
• Maintain close liaison and co-operation with law enforcement and administrative authorities during inquiries and investigations where DBAG India is a complainant.
• Own fraud risk management and external fraud investigation decisions for India external fraud cases.
• Own and implement the Deutsche Bank Group Anti-Fraud Policy and Mandatory Time Away policy across all lines of business.
• Develop investigative referrals through data research, analysis and liaison with internal and external stakeholders, and document outcomes in comprehensive investigation reports.
• Participate in financial crime risk assessments relating to anti-fraud, bribery and corruption.
• Review activities referred to the CIV identified through detection programs such as the Mandatory Time Away and Non Standard Behaviour programs.
• Build relationships with peers in Legal and Compliance and with stakeholders across lines of business in the region.
• Assist with management of regional and local fraud prevention and detection projects.
• Source and manage data, including quality assurance, first-level analysis and production and distribution of Management Information.
• Ensure RBI regulatory reporting of anti-fraud topics within regulatory timelines.
• Assist in developing AFBC compliance training and delivering it to the business as requested.
• Support the Regional Head of AFBC in reviewing cases and implementing anti-fraud projects and programs in the region.
• Engage with businesses in India and provide technical expertise on fraud loss avoidance and risk management.
• Work with internal and external teams to identify risk factors and trends of abnormal activity and coordinate policy and procedure changes.
• Support risk assessments specific to ABC risks in India and support the business in managing bribery and corruption risk.
• Assist the Regional Head of AFBC, APAC with inspections, reviews and enquiries by regulators relating to AFBC risk in India.
• Track emerging AFBC legislation and regulation relevant to India business lines and assist in developing new policies, procedures and controls.

What you'll need

• At least 15 years of proven track record in fraud, AML, ABC, corporate or law enforcement investigative experience.
• Experience, track record, proven integrity and ability to inspire confidence among personnel in the organisation.
• Knowledge of financial products, frauds and trends.
• Strong understanding of applicable legal statutes relating to financial crimes (including fraud, bribery and corruption) and working knowledge of applying these laws to crimes for prosecution of offenders.
• Excellent written and verbal communication skills.
• Strong planning and organisational skills.
• Strong leadership skills and the ability to manage and develop team members.
• Ability to build relationships with investigative stakeholders within the bank and externally.
• Experienced anti-financial crime professional with financial crime, fraud and/or bribery and corruption experience.
• Experience in fraud and/or bribery and corruption investigation.
• Effective problem solver within a commercial environment.
• Excellent interpersonal and communication skills.
• Proven ability to leverage AI tools to enhance productivity and optimise workflows, applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Nice to have

• Financial crime, fraud and/or bribery and corruption experience preferably gained within an Investment Banking environment.

Details

• Location: Mumbai, India.
• Reports to the Head of Compliance and Chief Operating Officer (COO), DBAG India.