Fraud Detection & Prevention Analyst

Role Summary:
Vedanta Limited is seeking a proactive and analytical Fraud Detection & Prevention Analyst to join our dynamic team. The successful candidate will be responsible for identifying, investigating, and mitigating fraudulent activities across our oil and gas operations in India. This role is crucial in safeguarding company assets and maintaining the integrity of our financial and operational processes.

Key Responsibilities:
- Develop and implement robust fraud detection models and strategies for oil and gas transactions, supply chain, and operational data.
- Analyze large datasets to identify anomalies, suspicious patterns, and potential fraud indicators.
- Conduct thorough investigations into suspected fraudulent activities, gathering evidence and documenting findings.
- Collaborate with internal stakeholders, including finance, operations, legal, and IT, to address fraud risks and implement preventive measures.
- Monitor and report on fraud trends, key risk indicators, and the effectiveness of fraud prevention controls.
- Stay abreast of emerging fraud schemes and technologies relevant to the oil and gas industry.
- Recommend and implement improvements to internal controls and processes to enhance fraud prevention.
- Prepare comprehensive reports for management on fraud risks, investigations, and mitigation efforts.
- Ensure compliance with relevant regulations and company policies.