Talent.com
Financial Services
Area FCU Manager (Bengaluru)Financial Services • Bengaluru, Karnataka, India
Area FCU Manager (Bengaluru)

Area FCU Manager (Bengaluru)

Financial Services • Bengaluru, Karnataka, India
24 days ago
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 organizations 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/HFCs in the mortgage business

KRAs

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.
  1. Investigation& Deterrent setting.
  2. 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 processs 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.



Required Experience:

Manager


Employment Type : Full Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 900000 - 1000000
Create a job alert for this search

Area FCU Manager (Bengaluru) • Bengaluru, Karnataka, India

Similar jobs

Manager

A Global Consulting FirmBengaluru, Republic Of India, IN

Manage and supervise the execution of external audit engagements of various clients in accordance with relevant regulatory and professional auditing and assurance standards.Qualified CA/US CPA/ACCA... Show more

 • Promoted

Area Manager

PaisabazaarBengaluru, Republic Of India, IN

Minimum 5 years of experience in Prime Segment Home Loan Sales.At least 2 years of experience managing and leading field sales teams.Prime Home Loan industry background is mandatory.Strong experien... Show more

 • Promoted

Area Sales Manager

Policybazaar.comBengaluru, Karnataka, India

Position: Area / Territory Manager Industry: Insurance Department: BFSI, Investments & Trading Employment Type: Full-Time, Permanent Role Category: General Insurance Education Requirement: Gra... Show more

 • Promoted

Branch Manager/senior Manager

Motilal Oswal Financial Services LtdBangalore, Bangalore (district); Bangalore (division); Karnataka, IN

Company Name : Motilal Oswal Financial services Area Manager – IFA Investment Products Location: Bengaluru Key Responsibilities: Drive AUM and revenue growth through IFA partners.Manage and... Show more

 • Promoted

Director Regional

Motilal Oswal Financial Services LtdBangalore, Bangalore (district); Bangalore (division); Karnataka, IN

Company Name : Motilal Oswal Financial services Area Manager – IFA Investment Products Location: Bengaluru Key Responsibilities: Drive AUM and revenue growth through IFA partners.Manage and... Show more

 • Promoted

Area Sales Manager

DEONICS TECHNOLOGIES PRIVATE LIMITEDBengaluru, Karnataka, India

Company Description DEONICS Technologies Private Limited provides a broad range of technology-related services that help businesses manage and optimize their IT infrastructure.The company offers s... Show more

 • Promoted

Area Manager

Motilal Oswal Financial Services LtdBengaluru, Republic Of India, IN

Company Name : Motilal Oswal Financial services.Area Manager – IFA Investment Products.Drive AUM and revenue growth through IFA partners.Manage and expand the IFA network.Lead and mentor the sales ... Show more

 • Promoted

Area Manager - Retail Sales (Bangalore)

3MBengaluru, Republic Of India, IN

Company Description Sreeaaru Products is a growing consumer goods company focused on delivering reliable, high-quality products to everyday households.The organization emphasizes strong relationshi... Show more