Hem Thilak

• Fraud Investigations and Mitigation:
• Conduct thorough investigations into reported fraud cases across the enterprise to establish facts and mitigate risks.
• Advise on effective strategies to mitigate fraud incidents and recover financial losses.
• Analyze business data and update the case register for statistical purposes and future analysis.
• Regulatory Compliance and Reporting:
• Compile Suspicious Activity Reports (SARs) in accordance with UAE Central Bank regulations to ensure compliance.
• Collaborate with the Legal and Compliance team, police, and external agencies to manage fraud incidents effectively.
• Ensure adherence to departmental and corporate policies, processes, and Standard Operating Procedures (SOPs).
• Management and Reporting:
• Prepare monthly and quarterly Management Information System (MIS) reports detailing investigated cases.
• Create and present dashboards summarizing fraud investigations and mitigation efforts to internal stakeholders.
• Maintain accurate records and documentation to support regulatory audits and internal reviews.
• Achievement:
• Implemented enhanced fraud detection protocols that resulted in a 20% decrease in fraudulent activities within the first year of deployment.