Name: Somit Chitrey
Designation: Director- Group Fraud Risk Management
Organization: Standard Chartered Bank
Somit has over 19+ years of experience in Banking, Insurance, Financial services & Consulting. He has extensive experience in Fraud, Enterprise Risk, Operational Risk & Compliance, Audit, Internal Control, Quality, and process.
He is a Certified Information Security Auditor (CISA), Fraud Examiner, Member of Association of Certified Fraud Examiners in Texas, US. He is also Certified Lead Quality Auditor in ISO 9001:2008. Somit is currently pursuing PhD in Fraud Risk Management. In his current job role Somit is responsible to implement the vision, strategy, direction of the leadership to support CFCC and Fraud group’s strategic aspirations. He is also responsible for coordinating with first and second line of defense to respond to fraud risk threat requirements, collaborate with Conduct & Financial Crime Compliance unit and other stakeholders to manage Fraud Risk. Somit is also responsible to drive and maintain the oversight of Fraud Risk mitigation project, processes etc.