Job Description
Role/ Job Title: State Manager
Function/ Department: Risk Containment Unit
Job Purpose
The role holder has the responsibility of managing the Risk Control activities covering all products across the Retail platform within the state. 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.
Roles & Responsibilities
• Managing entire RCU activities for the assigned state.
• 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 And 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.
Education Qualification
Graduation: Any graduate
Experience: 5-10 Years (Experience can be less in case of merit and relevant experience/ certification)
Function/ Department: Risk Containment Unit
Job Purpose
The role holder has the responsibility of managing the Risk Control activities covering all products across the Retail platform within the state. 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.
Roles & Responsibilities
• Managing entire RCU activities for the assigned state.
• 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 And 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.
Education Qualification
Graduation: Any graduate
Experience: 5-10 Years (Experience can be less in case of merit and relevant experience/ certification)
💡 Quick Summary
Seeking a career-building opportunity? The Bank position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
