This job has expired

Area Manager-RCU

Employer
idfc first bank
Location
United Kingdom
Salary
Competitive Salary
Closing date
Feb 13, 2024

View more

Job Role
Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Title - Area Manager- RCU

Place of work - Vijayawada

Business Unit - Retail Banking

Function - Risk

Job Purpose

The role holder has the responsibility of managing the Risk Control activities covering all products across the Retail platform within the area. The role holder is expected to undertake evaluation of business processes on the basis of random sampling of loan proposals on pre-defined parameters, document and report the findings together with process enhancements to management. It will include analysis of critical MIS reports for identification of uneven trends, undertake fraud investigations and implement fraud control measures to minimize losses.

Roles & Responsibilities

  • Managing entire RCU activities for the assigned area
  • Supervise risk control, Fraud Control (FCU/RCU), Investigations & Field Verifications activities in the allocated area
  • Pre-disbursement sample verification for checking authenticity of documents
  • Post-disbursement sample checking through borrower visits
  • Regularly monitoring RCU agencies
  • Ensuring that the risk of various processes being outsourced to DSAs & CPAs is mitigated
  • Maintaining and sharing of MIS at approved intervals
  • Ensure sanctity of Data reported
  • Ensure audit of assigned business for verifying process compliance
  • Manage projects in core risk infrastructure, tools, systems and data
  • Ongoing research and keeping abreast with the latest fraud trends and providing updates to various departments within the Bank
  • Manage fraud surveillance mechanism on banking transactions

Managerial & Leadership Responsibilities

  • Mentor and coach senior team members to percolate ethos of customer centricity, innovation, compliance and integrity.
  • Attract & retain best-in class talent to meet Bank's rapid growth targets

Educational Qualifications

Graduate - Any

Postgraduate - MBA Finance

Experience: Minimum of 4-8 Years + of experience in RCU ]]>

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