Job Description
Job Title – Regional Manager- RCU
Place of work – Mumbai
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 region. 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.
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Roles & Responsibilities:

• Managing entire RCU activities for the assigned region
• Undertake 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
• Co-ordinate with the location teams for any FCU related issues like fraud rackets, internal frauds, investigation of linked locations
• 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
• Implement 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
• Co-ordinate with branches and other business departments and support units on investigations and to implement the anti-fraud or corrective measures

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
Post Graduate – MBA Finance
Experience: Minimum of 10 + Years of experience in RCU