Area FRMU Manager - Mumbai

Birla Carbon; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Aditya Birla Finance Limited (ABFL) seeks a role to manage a team of RCU agency samplers, identify document manipulation and critical frauds, and optimize sampling to minimize fraud loss.

The position involves liaising with risk managers and peers in other financial institutions, ensuring continuous improvement of the RCU screening system, and conducting stakeholder meetings, trainings, and fraud-awareness sessions.

Qualifications

• Strong analytical mindset with good listening and critical thinking.
• Truthful and integrity in work.
• Excellent communication, presentation and reporting skills.

Responsibilities

• Manage Screening & Sampling with RCU Agency manpower.
• Coordinate with risk managers and peers in other financial institutions.
• Ensure timely MIS/Reports/Dashboard circulation.
• Conduct trainings and fraud awareness sessions with stakeholders/ vendors.
• Handle escalation and coordination with all stakeholders.
• Perform pre- and post-disbursal checks and validate vendor billing data.

Skills

Analytical thinking

Communication

Presentation

Reporting

Good listening

Critical thinking

Networking

Travel willingness

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Designation : NA

Location : India Maharashtra R-Tech Park Goregaon

Job Description:

1) Job Purpose:

The role is responsible for handling the team of Location RCU Managers and assist them in managing the RCU Agency Manpower in Identifying document manipulation and critical frauds. Optimizing sampling and ensure minimal fraud loss. To maintain TAT enhance support to the Business Goals. Effective liasoning with risk managers and peers in other financial institutions. To ensure continuous improvement of the RCU screening and sampling system and conduct Stakeholders, meet, Trainings & Fraud awareness sessions.

2) Dimensions:

• Business Units

ABFL

• Products

All ABFL Products

• Geography

Location/HUB

• Department Workforce Number

Total No. of Direct Reporting Team Members: 1 to 3

• Other Quantitative and Important Parameters for the job:
• Managing Screening & Sampling Exercise with support of RCU Agency Manpower.
• Ensuring Timely circulation of MIS/Reports/Dashboard
• Supporting Location Managers in conducting training with stakeholders / vendors.
• Cross Validation Vendor Billing data prepared by Location Managers and quality checks.
• ML Tracker preparation
• Managing 1 st of escalation & Co-ordination with all stake holders
• Pre-& Post Disbursal Checks
• Verification of Non-starter cases.
• Qualitative parameters
• Truthful & Integrity
• Analytical bend of mind
• Good listeners & Critical Thinking
• Networking
• Open to outstation travel
• Communication, presentation and Reporting skills

Organizational Context:

Aditya Birla Finance Limited (\"ABFL\") is a lending subsidiary of Aditya Birla Capital Limited. ABFL is registered with RBI as a Systematically Important Non-Deposit accepting Non-Banking Finance Company (NBFC). ABFL is one of the top private diversified NBFCs in India. As of 31-Dec'20, ABFL has a pan-India presence with 91 branches and a lending book of Rs. 45,560 Crores.

ABFL offers end-to-end lending solutions to a diverse set of customers - Retail, HNI, MSMEs, and Mid & Large Corporates through secured as well as unsecured loan products. The diverse range of lending products includes Retail Small Ticket Secured and Unsecured Loans, Unsecured Personal Loans, Unsecured Business Loans, Health & Education Loans, Digital B2B2C and B2B2B Small Ticket Loans, Small Business Secured Loans, Loans Against Property (LAP), Lease Rental Discounting (LRD), Construction Finance (to Real Estate Developers), SME Loans, Capital Markets Loans (Loan Against Shares), Supply Chain Finance, Mid and Large Corporate Loans, and Infrastructure Finance loans. ABFL also has a Wealth Management division.

ABFL is rated “AAA” by India Ratings, ICRA and CARE (reaffirmed in 2020). ABFL secured the ABG Business Excellence Award in 2017 (Silver), and 2015 (Bronze), and multiple other Awards on forums like CII.

Job context:

The role is responsible for handling the team of RCU agency samplers and assist them in Identifying document manipulation and critical frauds. Optimizing sampling and ensure minimal fraud loss. To maintain TAT enhance support to the Business Goals. Effective liasoning with risk managers and peers in other financial institutions. To ensure continuous improvement of the RCU screening and sampling system and conduct Stakeholders, meet, Trainings & Fraud awareness sessions.

4) Key Result Areas:

Key Result Areas

Supporting Actions

Monetary Savings

1) Hit Rate in %age

2) Hit Rate on sampled in %age

3) Fraud & Negative Savings %

Internal Control & Process

1) Department Audit & Regulatory Compliances (Internal Audit Score & Open Items)

2) Timely Reporting of ML Tracker

3) Quality check compliance

Process Efficiency

1) TAT (Screening & Sampling)

2) TAT (Sampled)

3) Managing Sampling%

People Management

1) Branch Visit

2) DSA Visit

4) Self-training

5) Collaboration with internal Stakeholders

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