State Risk Control Unit Manager
Muthoot Fincorp Limited
State Risk Control Unit Manager
Muthoot Fincorp Limited
Bhopal
Not disclosed
Job Details
Job Description
STATE RCU MANAGER
Job Title – State RCU Manager
Location – Chennai, TN
Reports to – Head of RCU
Key Job Responsibilities
State RCU Manager for SULB Business:– LAP, Micro LAP,SBL,EDI, Suvarna Loans,Vyapar Mitra,Pharma Mitra,Nirman Mitra
- Proven ability in fraud prevention/detection, identification on weeding out bad application, investigation of causes of risk incident/fraud and measures to prevent them.
- Exposure to digital sampling / team handling / Vendor Management/ Reporting Fraud/incident reports to internal and external stakeholders
- Investigation of fraud cases – Pre-Disbursal and Post Disbursal.
- To monitor the performance of the vendors monthly and advise the management regarding the same.
- Travel across Kerala branches to make sure the branch is functioning properly.
- Identification of cash misappropriation, process lapse, cheating and forgery and other fraudulent activities executed by staff, customer and outsider.
- To create a depository on the historical audits scorecards and fraud summary and create a trend based on the risk framework and make sure that the business is running without any process or system gaps.
- Interacting with the business, internal people across department to identify if there any frauds or risk.
- To validate the risk register and provide recommendations if all the risks are covered in the risk register based on the market trends and business.
- To monitor if the controls maintained in the risk register are functioning properly.
- To provide recommendations for the investigations carried based on whistle blowers.
- Prepare fraud monitoring report for the frauds identified and investigated.
- Proven recovery measures – relevant branch/employees/hierarchy or external collections / skip tracing agencies/bureau alerts etc
- Drive recovery targets with the stakeholders
- Demonstrated ability to deploy and implement relevant fraud detection tools – be it pre-disbursement / post-disbursement/police / legal measures
- Experienced, Used and Implemented various Technology tools, including Hunter/Karza/Crime Check, AI / ML for fraud control and prevention, detection and resolutions.
- Engagement capability with markets/field teams to identify control weaknesses and work with relevant teams to fix them
- Conduct mystery shopping to validate the efficacy of process adherence/controls/gaps and address them.
- Demonstrated ability to develop and successfully run RCU function and practice.
Experience: 4-10 years experience.
Education: Any Graduate, Post Graduate, CA or MBA
Job role
Work location
BHOPAL
Department
Risk Management & Compliance
Role / Category
Risk Management - Assessment / Advisory
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 4 years
About company
Name
Muthoot Fincorp Limited
Job posted by Muthoot Fincorp Limited
This job has expired