Manager - Central FCU

ABC - Aditya Birla Housing Finance Limited; Maharashtra; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

ABC - Aditya Birla Housing Finance Limited is seeking a Rajya/RCU Manager- Hunter to safeguard Hunter Activity integrity, manage a supervisory team, and align risk containment with business goals. The role emphasizes strategic planning, cross-functional collaboration, and continuous improvement across IT, Compliance, and Data Management.

The candidate will oversee controls, reporting, and external partner engagement, driving risk insights and timely updates to stakeholders.

Responsibilities

• Develop and implement strategic plans for the Risk Containment Unit's Hunter Activity.
• Align Hunter Check processes with risk management objectives.
• Collaborate with senior management to integrate risk containment strategies into overall business goals.
• Manage and lead a team of Hunter Supervisors responsible for executing the Hunter Check process.
• Provide guidance, training, and mentorship to ensure the team's efficiency and effectiveness.
• Foster a culture of continuous improvement and innovation within the unit.
• Ensure that the Hunter Check process is executed accurately, efficiently, and in compliance with relevant regulations.
• Implement and maintain controls to monitor the quality and consistency of the Hunter checks.
• Analyze results from Hunter checks to identify potential risks and areas for improvement.
• Develop and implement risk mitigation strategies to address identified issues.
• Work closely with cross-functional teams, including IT, Compliance, and Data Management, to enhance the effectiveness of the Hunter Check process.
• Collaborate with external partners, such as Experian, to stay informed about the latest developments in risk containment technology.
• Prepare comprehensive reports on the results of Hunter Activity for senior management and relevant stakeholders.
• Communicate findings, recommendations, and risk insights in a clear and concise manner.
• Provide regular updates on the status of risk containment efforts to key stakeholders.
• Explore opportunities to leverage advanced technologies and analytics to enhance the efficiency and accuracy of Hunter Activity.
• Collaborate with the IT department to implement technological improvements in the risk containment processes.

Job description

Job Purpose -

The RCU Manager- Hunter for Hunter Activity plays a crucial role in safeguarding the integrity of CUG databases through effective risk management strategies and the meticulous supervision of the Hunter Check process.

• Develop and implement strategic plans for the Risk Containment Unit's Hunter Activity.
• Align Hunter Check processes with the organization's risk management objectives.
• Collaborate with senior management to integrate risk containment strategies into overall business goals.
• Manage and lead a team of Hunter Supervisors responsible for executing the Hunter Check process.
• Provide guidance, training, and mentorship to ensure the team's efficiency and effectiveness.
• Foster a culture of continuous improvement and innovation within the unit.
• Ensure that the Hunter Check process is executed accurately, efficiently, and in compliance with relevant regulations.
• Implement and maintain controls to monitor the quality and consistency of the Hunter checks.
• Analyze results from Hunter checks to identify potential risks and areas for improvement.
• Develop and implement risk mitigation strategies to address identified issues.
• Work closely with cross-functional teams, including IT, Compliance, and Data Management, to enhance the effectiveness of the Hunter Check process.
• Collaborate with external partners, such as Experian, to stay informed about the latest developments in risk containment technology.
• Prepare comprehensive reports on the results of Hunter Activity for senior management and relevant stakeholders.
• Communicate findings, recommendations, and risk insights in a clear and concise manner.
• Provide regular updates on the status of risk containment efforts to key stakeholders.
• Explore opportunities to leverage advanced technologies and analytics to enhance the efficiency and accuracy of Hunter Activity.
• Collaborate with the IT department to implement technological improvements in the risk containment processes.

KRA's -

Key Result Areas (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

Innovate & Identify process gaps in all products, suggestion and implementation of preventive solutions

• Identify gaps, Analyse & Quantify potential Risks & Challenges
• Ideate, design, develop, execute & maintain effective control measures and protocols for implementing risk framework
• Constant evaluation of controls
• Maintain oversight to ensure uniform implementation of process & policy
• Provide input on policy & product and process & system Re-engineering and Change management & Impact Analysis
• Steer execution of Surprise Branch visits

Effective verification of identified frauds & get the Unusual Event reporting & Verification activity

• Ensure Desk top level verification and tracking & record maintenance of Risk loss events (UEs)
• Guide end to end verification of UEs, Root Cause Analysis and maintain Case Mgmt. system for data integrity & easy retrieval.
• Provide feed for Rewards & Recognition and Punishment structure/events.
• Provide input of document screening & Physical verification activity
• Supervise negative data mgmt.

Risk Related IT/other projects

• Identify potential Risks
• Identification & evaluation of multiple technologies / systems
• Steer the Project BRD, execution, POC, UAT & implementation
• Database management
• Supervise building of rules & performance evaluation

Vendor mgmt. and ensure TAT adherence

• Create, implement & monitor effective Vendor Management Policy & Process for RCU Vendors
• Steer execution of Vendor Process Visits
• Implementing Vendor onboarding checks
• Ensure monthly RCU vendor expense budgeting & on time bill processing

Communication & timely Circulation of MIS/ Reports

• Continuous Co-ordination with all stake holders & address central escalations
• Networking with industry peers, stakeholders and police authorities
• Maintaining MIS of activities
• Time circulation of MIS/Reports/Dashboard