Location FRMU Manager

Aditya Birla Capital; Madhya Pradesh; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Aditya Birla Finance Limited (ABFL) is seeking a Location RCU Manager for the Risk Management & Compliance function. The role oversees a team of RCU samplers across Pan India, focusing on identifying document manipulation and critical frauds, optimizing sampling, and maintaining timely deliverables to support business goals.

The position requires strong analytical skills, investigative mindset, and robust coordination with risk managers and external peers.

Qualifications

• Lead a team of RCU agency samplers.
• Identify document manipulation and critical frauds.
• Maintain TAT and enhance support to business goals.
• Coordinate with risk managers and peers in other financial institutions.

Responsibilities

• Supervising Screening & Sampling Exercise
• Time circulation of MIS/Reports/Dashboard
• Unusual Event (UEs) & Case Investigation
• Supporting Area Managers in trainings with stakeholders/vendors
• Vendor Billing data preparation and quality checks
• ML Tracker preparation
• Coordination with all stakeholders
• Pre-& Post Disbursal Checks
• Verification of Non-starter cases
• Qualitative parameters
• Truthful & Integrity
• Analytical bend of mind

Skills

Analytical mind

Investigative skills

Attention to detail

Communication skills

Job description

Basic Details

Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD

Business

Financial Services

Unit

ADITYA BIRLA FINANCE LIMITED

Location

Pan India

Poornata Position Title of the job

Location RCU Manager

Reports to: Poornata Position Title

Area RCU Manager

Function

Risk Management & Compliance

Reports to: Function

Risk Management & Compliance

Department

Credit, Risk, Legal& Collections

Reports to: Department

Credit, Risk, Legal& Collections

Designation of the Employee

Location RCU Manager

Designation of the Manager

Area RCU Manager

Date of writing/updation of JD

14 th Jun 2023

• Job Purpose: Write the purpose for which the job exists (in 2-3 lines) ( Max 1325 Characters)

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.

Business Units

ABFL

Products

All ABFL Products

Geography

2-4 LRM in one RCU Hub - (Kolkata, Bhubaneshwar), (Delhi, Chandigarh, Jaipur, Lucknow), (Chennai, Coimbatore, Bengaluru, Secunderabad), (Mumbai, Ahmedabad, Indore, Pune)

Department Workforce Number

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

• Supervising Screening & Sampling Exercise


• Time circulation of MIS/Reports/Dashboard


• Unusual Event (UEs) & Case Investigation


• Supporting Area Managers in conducting trainings with stakeholders / vendors.


• Vendor Billing data preparation and quality checks


• ML Tracker preparation


• Co-ordination with all stake holders


• Pre-& Post Disbursal Checks


• Verification of Non-starter cases.


• Qualitative parameters


• Truthful & Integrity


• Analytical bend of mind


• Investigative skills & Eye for detail


• Good listeners & Critical Thinking


• Networking


• Open to outstation travel


• Communication, presentation and Reporting skills

• Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section ( (Max 3975 Characters)

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.

• Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)- Maximum 10 KRAs can be updated

Key Result Areas ( Max 1325 Characters)

Supporting Actions ( Max 1325 Characters)

Monetary Savings

• Hit Rate in %age (Basis S&S and Hunter) (Sample to Hit Ratio)


• Fraud Savings in Amount i.e. Loan Amount (Basis S&S and Hunter and Saving from Market Alert and Multiple Funding)


• Efficiency & Verification Cost - % of Files Sampled

Internal Control & Process

• Enhancements / Innovations / Changes suggested / implemented - Initiatives - New Process changes, Automation, System


• Default Backtracking for Document Fraud - Conversion% (FTD)


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


• MIS & Reporting

Process Efficiency

• RCU Vendor coordination for RCU reports


• Quarterly RCU Vendor visit


• Vendor Bill preparation and assessment


• Drive TAT (Sampling & Screening {S&S} & Hunter)

People Management

• Learning &