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Banking Careers – Fraud Risk Analyst

In Career Guides, Support by Gaurav SharmaUpdated On:

What is a Fraud Analyst? Fraud analysts are risk professionals whose job is to prevent, deter, detect and investigate acts of fraud committed against the bank or its customers. Banks use different terms for this position like – fraud risk manager, operational risk manager, fraud analyst, transaction risk manager, fraud risk officer, fraud investigator and so on. They are all …

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Internal Audit Career Guide

In Career Guides, Support by Gaurav SharmaUpdated On:

What is Internal Audit? Internal audit is a functional team that assesses the quality and effectiveness of the bank’s internal compliance, control, risk management, governance and operational procedures and systems. Most countries mandate the creation of an independent Internal Audit (IA) team which must be provided with adequate resources and access to perform their roles of assessing governance and control …

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Banking Careers – Operations

In Career Guides, Support by Gaurav SharmaUpdated On:

Understanding Bank Operations The banking operations department is a back-end team responsible for executing and settling transactions initiated by the front-end teams while ensuring adherence to risk or regulatory guidelines. Almost every banking division has a shared or dedicated operations team assisting them with the actual execution of whatever transactions they initiate. Every team from investment banking to retail banking …