Manager-Fraud Investigation & Risk Advisory

Position Overview

The
Manager – Fraud Investigation & Risk Advisory will lead and execute complex
fraud investigations, fraud risk assessments, procurement reviews, forensic
data analytics, and process reviews across multiple industries. The role
involves identifying fraud risks, conducting forensic examinations, evaluating
internal controls, leveraging data analytics to detect anomalies, and
recommending practical risk mitigation measures. The incumbent will manage
client engagements, mentor team members, and interact with senior management to
deliver high-quality forensic and advisory services.

Key Responsibilities:

Fraud Investigations

• Lead and manage corporate
  fraud investigations involving financial irregularities, employee
  misconduct, procurement fraud, asset misappropriation, bribery and
  corruption, conflict of interest, and regulatory violations.
  
• Develop investigation
  strategies, identify key risk areas, and perform detailed review of
  financial and operational records.
  
• Conduct interviews with
  employees, management, vendors, and other stakeholders.
  
• Review electronic and
  physical evidence, analyse financial transactions, and establish fund
  flows where required.
  
• Prepare investigation
  reports summarising findings, evidence, conclusions, and recommendations.
  

Fraud Risk Assessments

• Plan and conduct
  enterprise-wide and process-specific Fraud Risk Assessments (FRA).
  
• Identify fraud schemes,
  inherent and residual risks, control gaps, and process vulnerabilities.
  
• Facilitate workshops with
  business and process owners to assess fraud scenarios.
  
• Develop fraud risk
  registers, risk-control matrices, heat maps, and mitigation plans.
  
• Recommend preventive,
  detective, and corrective controls aligned with leading practices.
  

Procurement Reviews

• Conduct forensic and
  compliance reviews of procurement and sourcing functions.
  
• Review vendor onboarding,
  tendering, bid evaluations, purchase approvals, contract management,
  vendor payments, and conflict-of-interest scenarios.
  
• Identify instances of bid
  manipulation, split purchases, duplicate vendors, fictitious vendors,
  overbilling, kickbacks, and other procurement irregularities.
  
• Evaluate procurement
  governance and recommend process improvements.
  

Data Analytics

• Perform forensic data
  analytics using structured and unstructured datasets.
  
• Design analytical tests
  to identify anomalies, suspicious transactions, duplicate payments,
  unusual vendor patterns, round-dollar transactions, split purchases,
  Benford's Law exceptions, and related-party indicators.
  
• Interpret analytical
  findings and integrate them into investigation and audit procedures.
  
• Work with large datasets
  from ERP systems and databases to support investigations and reviews.
  

Process Reviews & Internal Controls

• Review business processes
  and evaluate design and operating effectiveness of internal controls.
  
• Identify process
  inefficiencies, control weaknesses, fraud vulnerabilities, and compliance
  gaps.
  
• Recommend process
  improvements to strengthen governance and reduce fraud exposure.
  
• Assist clients in
  enhancing fraud prevention frameworks and control environments.
  

Client & Project Management

• Independently manage
  multiple engagements from planning through reporting.
  
• Prepare engagement plans,
  timelines, resource allocation, and status updates.
  
• Present findings and
  recommendations to senior management and clients.
  
• Ensure timely delivery
  while maintaining quality standards.
  

Team Management

• Supervise, mentor, and
  develop junior team members.
  
• Review workpapers and
  deliverables to ensure technical quality.
  
• Conduct training sessions
  on fraud risk management, investigations, and forensic analytics.
  
• Support recruitment and
  capability development initiatives.
  

Business Development

• Assist in preparing
  proposals, presentations, and scope documents.
  
• Support client
  relationship management and identify opportunities for additional advisory
  services.
  
• Contribute to development
  of methodologies, investigation tools, and knowledge repositories.
  

Requirements

Qualifications:

• Chartered Accountant (CA)
  or equivalent professional qualification.
  
• Additional certifications
  such as Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA),
  Certified Anti-Money Laundering Specialist (CAMS) etc would be added
  advantage
  

Experience:

• 5–8 years of experience
  in Fraud Investigation, Forensic Advisory, Internal Audit, Risk Advisory,
  or Forensic Data Analytics.
  

Desired Skills & Competencies:

• Strong knowledge of fraud
  investigation methodologies and forensic accounting principles.
  
• Experience in Fraud Risk
  Assessments (FRA) and fraud risk management frameworks.
  
• Understanding of
  procurement lifecycle and procurement fraud schemes.
  
• Experience in forensic
  data analytics and interpretation of large datasets.
  
• Knowledge of business
  processes, internal controls, governance, and risk management.
  
• Strong analytical,
  problem-solving, and critical thinking skills.
  
• Excellent report writing,
  presentation, and stakeholder management capabilities.
  
• Ability to manage
  multiple engagements under tight timelines.
  
• High ethical standards
  and professional integrity.
  

Preferred Technical Skills:

• Microsoft Excel
  (Advanced)
  
• Power BI / Tableau / SQL
  (preferred)
  
• ERP systems such as SAP,
  Oracle, or similar (preferred)
  
• Microsoft Office Suite
  

Benefits