Location FRMU Manager - Secunderabad

Aditya Birla Capital; Telangana; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Aditya Birla Finance Limited is seeking a capable professional to lead the RCU agency samplers team, identify document manipulation and critical frauds, and optimize sampling to minimize fraud loss. The role requires maintaining turnaround times and liaising with risk managers and peers across financial institutions.

You will ensure continual improvement of the RCU screening and sampling system, conduct stakeholder meetings, trainings, and fraud awareness sessions, and support area managers with

Qualifications

• Experience in fraud risk management and sampling operations.
• Proven ability to lead a team of samplers.
• Strong analytical and investigative skills.
• Excellent communication and reporting abilities.

Responsibilities

• Oversee screening and sampling operations for RCU.
• Prepare MIS/reports and dashboards on time.
• Investigate unusual events and cases.
• Train and coordinate with stakeholders and vendors.
• Coordinate with risk managers and internal teams.
• Ensure compliance and control checks.

Skills

Team management

Fraud risk awareness

Analytical thinking

Communication skills

Stakeholder coordination

Outstation travel

Job description

Job Purpose

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.

Dimensions

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

Other Quantitative and Important Parameters for the job

• 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:

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

Supporting Actions

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 & Development - Self Training (4) & Vendor staff Training - (1 Training / Month / Location for sampler) + (1 Visit / Qtr / Vendor at Vendor Premises)
• Team Management - Agency Collaboration, Team Huddle & Engagement, Co Ordination with internal Stakeholders - Annual 12 Monthly Meetings 5%