Head FCU

We are Seeking an experienced Head – Fraud Control Unit (FCU) for a fast-growing NBFC focused on affordable lending based in Delhi-NCR.

Location: Noida

Mode: Work from Office

Role Covers the Following Responsibility :

Fraud Control Framework – Pre & Post Disbursement (LAP Focus)

▸ Implement a comprehensive fraud risk framework specific to Loan Against Property (LAP) products, covering application fraud, collateral fraud, identity fraud, and income misrepresentation.

▸ Define pre-disbursement controls: field investigation protocols, property verification standards, document authenticity checks, and deviation approval processes.

▸ Establish post-disbursement surveillance mechanisms including sampling methodology, vintage-based triggers, and early warning indicators.

▸ Conduct structured spot checks on a risk-based sample of disbursed loans — field visits, borrower contact verification, and end-use confirmation.

▸ Maintain and regularly update the fraud risk register, tracking identified cases, root causes, and remediation status.

▸ Liaise with legal counsel and law enforcement where fraud cases warrant escalation or FIR filing. Internal Process Audit

▸ Conduct risk-based audits of internal processes across credit underwriting, collections, operations, and disbursements to identify control gaps and process weaknesses.

▸ Review maker-checker controls, system access rights, and delegation of authority frameworks to ensure they remain fit-for-purpose as the organisation scales.

▸ Assess vendor and outsourcing arrangements (FI agencies, valuation firms, legal panel) for adherence to agreed protocols and quality standards.

10–15 years of experience in fraud risk, internal audit, or credit risk, with at least 3 years in an NBFC, HFC, or retail bank.

▸ Strong understanding of secured lending credit processes — from login to disbursement — and where fraud risk typically surfaces.

▸ Familiarity with RBI guidelines on internal audit, fraud classification, and reporting requirements for NBFCs.

▸ Prior experience designing fraud control frameworks or conducting internal audits independently

▸ Ability to design sampling frameworks and interpret portfolio data to identify audit triggers.

▸ Sharp written communication

▸ Comfortable working with LMS, MIS dashboards, and basic data analysis tools.

▸ High personal integrity and the ability to maintain objectivity in sensitive situations

Interested Send your CV directly to [HIDDEN TEXT] to apply !

Looking for 60 Days to lesser !