About the role:
We are looking for a detail-oriented and experienced risk professional to strengthen our team. The role focuses on preventing and investigating fraud related to secured loans (like Enterprise Development Loans, Agri Loans, LAP, and MSME Loans). The candidate will also be responsible for managing external fraud control agencies (FCU vendors), ensuring quality and timely delivery of investigation reports.
Monitor both digital and physical loan applications for suspicious patterns and potential fraud risks.
Perform screening and sampling of loan profiles for in-depth verification.
Analyze application documents, KYC, and financial records to identify inconsistencies, manipulation, or red flags.
Investigate suspected fraud cases, document findings with supporting evidence, and recommend appropriate actions.
Work closely with underwriting and credit risk teams to resolve potential fraud-related concerns.
Manage and coordinate with external FCU (Fraud Control Unit) agencies:
Assign cases to vendors.
Track Turn-Around-Time (TAT) for report submissions.
Ensure quality and completeness of field investigation reports.
Provide feedback to vendors and maintain performance records.
Maintain MIS and billing data for vendor usage
Prepare timely and detailed investigation reports for internal use and regulatory submission.
Ensure compliance with RBI fraud reporting norms and other regulatory guidelines.
Work closely with legal, compliance, and operations teams for fraud mitigation and case closure.
Support audit requirements by maintaining and sharing fraud case documentation.
Identify fraud trends and recommend preventive controls.
Train and support internal stakeholders to improve fraud awareness.
Strong knowledge of fraud investigation procedures in Indian banking and lending.
3-7 years of experience in Indian banking sector
Prior experience working with FCU vendors and field investigation agencies.
Analytical mindset with the ability to interpret large data sets.
Excellent investigation. communication, documentation, report writing and vendor management skills.
Ability to work independently under high-pressure and deadline-driven environments.
Life so good, you’d think we’re kidding:
Competitive salaries. Period.
An extensive medical insurance that looks out for our employees & their dependents. We’ll love you and take care of you, our promise.
Flexible working hours. Just don’t call us at 3AM, we like our sleep schedule.
Tailored vacation & leave policies so that you enjoy every important moment in your life.
A reward system that celebrates hard work and milestones throughout the year. Expect a gift coming your way anytime you kill it here.
Learning and upskilling opportunities. Seriously, not kidding.
Good food, games, and a cool office to make you feel like home. An environment so good, you’ll forget the term “colleagues can’t be your friends”.
We believe in equality. Period.
At slice, we are committed to building a diverse and talented workforce. We never discriminate on the basis of race, sex, religion, colour, national origin, gender, gender identity, sexual orientation, age, marital status, veteran status, medical condition, disability, or any other class or characteristic protected by the applicable law.
We consider all qualified job-seekers with criminal histories in a manner consistent with the applicable law. Additionally, we are committed to providing reasonable accommodations to qualified individuals with physical or mental disabilities in order to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment.
Come join our crew!
About slice:
slice
A new bank for a new India
slice’s purpose is to make the world better at using money and time, with a major focus on building the best consumer experience for your money. We’ve all felt how slow, confusing, and complicated banking can be. So, we’re reimagining it. We’re building every product from scratch to be fast, transparent, and feel good, because we believe that the best products transcend demographics, like how great music touches most of us.
Our cornerstone products and services: slice savings account, slice UPI credit card, slice UPI, and slice business are designed to be simple, rewarding, and completely in your control. At slice, you’ll get to build things you’d use yourself and shape the future of banking in India. We tailor our working experience with the belief that the present moment is the only real thing in life. And we have harmony in the present the most when we feel happy and successful together.
We’re backed by some of the world’s leading investors, including Tiger Global, Insight Partners, Advent International, Blume Ventures, and Gunosy Capital.
Skills Required
- Strong knowledge of fraud investigation procedures in Indian banking and lending
- 3-7 years of experience in the Indian banking sector
- Prior experience working with Fraud Control Unit vendors and field investigation agencies
- Analytical ability to interpret large data sets
- Investigation, communication, documentation, report writing, and vendor management skills
- Ability to work independently in high-pressure, deadline-driven environments
What We Do
slice is an RBI-licensed small finance bank focused on reimagining consumer banking in India through simple, transparent, technology-driven products. Its offerings include slice savings accounts, UPI credit cards, slice UPI, and slice business. The company aims to improve how people use money and time while delivering a consumer-friendly banking experience, especially for India’s youth, with an emphasis on digital access, transparency, and customer control.
