Area FCU Manager (Madhurai)

Aditya Birla Group · Madurai · onsite · Posted 62d ago

Not disclosed3–5 yrsfulltimeSourced from Foundit

About a minute. You'll make an account on the way through.

About this role

Job Description

Job Purpose

Responsible for the Risk Containment Unit (RCU) ensuring a risk free on boarding of the customers, investigation and any other ad-hoc activities keeping in line with the organization's goal gaining leadership in affordable finance space though prudent risk control methods

Enabling Skill Sets & Qualifications

Excellent understanding of current market practices in Fraud Detection, Investigation, Analytics, etc.

3+ years of progressively responsible experience in managing the Fraud detections process with NBFCs/HFC's in the mortgage business

KRA's

Key Result Areas (Max 1325 Characters)	Supporting Actions (Max 1325 Characters)
General Overview of RCU process (Pre-Sanction Sampling, Fraud savings, Fraud Hit rate in Location	Notional Savings in the assign location for all cases reported in fraud. Monthly Hit.
Vendor/Agency Management assign Location. Process TAT Cost MIS Management & Portfolio Management	Performance demonstrates in monitoring /Managing RCU vendors, error free reporting, Sampler/Verifiers, trainings, Escalation Management, Overall reporting TAT Management, Timey FCU MIS and Billing Submission, Fraud Alert Circulation, Fraud trend Sharing, Data Mining.
Digital Initiatives. Hunter: - Use, Monitoring & Saving Internal Dedupe search & inhouse checks	Closer TAT & catch vs match % of hunter cases, hit rate in desktop/online/market resources searches and inhouse checks.
Investigation& Deterrent setting. Cross checks of internal reports FI, Technical, Valuation and CAM	A. Conducting Customer, Channel/Vendor & Internal meeting to investigate reported fraud cases and ascertain fraud perpetuation Point of resulting in all cases. B. Feedback sharing for making process's intact and deterrent setting. Timely submission of fraud tracker data. Participation in adhoc investigation with satisfactory closer result. E. To check for any process/Policy compromise at sourcing end. Review of Collection data proactively and identification of Gaps
Training	A. Sampler/Business/U/w trainings. B. Vendor FCU training for sustained/Improved quality and delivery.
Additional Activities/Initiative	A. Initiative undertaken for capability building of samplers/Vendors. B. Global directed behaviour face to face interaction, which are effective in conducting/Setup fraud identification. Conducting assets verification and feedback New trigger identifications.

Sourced from foundit

Skills

data miningfraud detectionAnalyticsMIS managementInvestigationPortfolio Management

About Aditya Birla Group

Aditya Birla Group

Metals & Mining

227.5k+

employees

1857

169 years old

Mumbai, Maharashtra

India

About

Aditya Birla Group is a Fortune 500 global conglomerate. The company's businesses have grown into global powerhouses in a wide range of sectors metals, textiles, carbon black, telecom and cement.

Industries

Metals & MiningFinancial ServicesBuilding MaterialRetailTelecomChemicals

Employee ratings

2,383 reviews

4.1/ 5

Culture

3.9

Career growth

3.5

Work-life

4.0

Employees rate it well for

Work Culture191Salary167Senior Management152Work Life Balance146Job Security123

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Key Result Areas (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

General Overview of RCU process (Pre-Sanction Sampling, Fraud savings, Fraud Hit rate in Location

Notional Savings in the assign location for all cases reported in fraud. Monthly Hit.

Vendor/Agency Management assign Location.

Process TAT
Cost
MIS Management & Portfolio Management

Performance demonstrates in monitoring /Managing RCU vendors, error free reporting, Sampler/Verifiers, trainings, Escalation Management, Overall reporting TAT Management, Timey FCU MIS and Billing Submission, Fraud Alert Circulation, Fraud trend Sharing, Data Mining.

Digital Initiatives.

Hunter: - Use, Monitoring & Saving
Internal Dedupe search & inhouse checks

Closer TAT & catch vs match % of hunter cases, hit rate in desktop/online/market resources searches and inhouse checks.

Investigation& Deterrent setting.
Cross checks of internal reports FI, Technical, Valuation and CAM

A. Conducting Customer, Channel/Vendor & Internal meeting to investigate reported fraud cases and ascertain fraud perpetuation Point of resulting in all cases.
B. Feedback sharing for making process's intact and deterrent setting.
Timely submission of fraud tracker data.
Participation in adhoc investigation with satisfactory closer result.
E. To check for any process/Policy compromise at sourcing end.
Review of Collection data proactively and identification of Gaps

Training

A. Sampler/Business/U/w trainings.
B. Vendor FCU training for sustained/Improved quality and delivery.

Additional Activities/Initiative

A. Initiative undertaken for capability building of samplers/Vendors.
B. Global directed behaviour face to face interaction, which are effective in conducting/Setup fraud identification.
Conducting assets verification and feedback
New trigger identifications.