Arunava Dutta

Founder & Principal Advisor — Aum Oz Finance Consultants  |  Sydney, Australia  

Senior audit and fraud risk leader with extensive experience across global and regional banks — covering internal audit, fraud risk management, credit risk and financial crime. Proven track record in designing and implementing group-wide frameworks, leading complex investigations, and advising senior stakeholders across multiple geographies including APAC and EMEA. Strong expertise in audit quality, staff fraud, credit fraud, payment fraud, policy and governance, card services, identifying risk and opportunity blind spots, and regulatory compliance — with multiple global professional certifications.

  • ACFE Global Advisory Council Member — Association of Certified Fraud Examiners
CORE EXPERTISE
Enterprise Fraud Risk Credit Fraud Payment Fraud Staff & Insider Fraud Internal Audit (IIA IPPF) Financial Crime Audit Culture & Conduct Audit AML / CTF Insiders Risk Framework Complex Investigations Board Advisory & Training Enterprise Policy & Standards Regulatory Compliance Design Line 2 Risk Oversight Digital Transformation Risk Credit Risk Audits Independent Assurance SME & Fintech Advisory Strategic Advisory Emerging Risks
CAREER TIMELINE
Standard Chartered Bank — Global

Global Group Head of Staff Fraud & Fraud Governance; Director & Group Head, Credit Fraud

led enterprise fraud governance across Corporate, Consumer, Ventures and Support Functions globally; designed group-wide fraud policy, standards and detection capabilities; ensured compliance with UK legislation on Failure to Prevent Fraud; advised Board Audit Committee.

Citibank — Australia

Vice President, Strategy, Policy & Head of Country Fraud Risk

led Australia's fraud risk function; achieved 100% regulatory compliance with AFCA and ASIC; attained the country's highest NPS ranking for fraud handling. Highest card authorization rates

Commercial Bank International — UAE

Head of Internal Audit, Credit

delivered assurance across the enterprise loans portfolio in UAE; developed the internal audit charter and Board Audit Committee reporting framework, implemented IIA Standards and GRC tool

Bank Muscat — Oman, Gulf Region

Head of Audit (Consumer, Cards & Channels); Manager, Internal Audit (Credit)

led audit coverage across Oman, Kuwait, KSA and Bahrain; maintained IIA IPPF quality standards; coordinated with Central Bank on major regulatory initiative.

PRIOR ROLES

Earlier career: Fraud risk and audit roles at ABN AMRO Bank, HSBC and GE Countrywide across India and the broader region.

EDUCATION & QUALIFICATIONS
  • CPA — CPA Australia
  • ACMA, CGMA — CIMA, UK
  • MBA Finance
  • Certified Internal Auditor (CIA)
  • Certified Fraud Examiner (CFE)