Regional RCU Manager

Avanse Financial Services; NTR; On-site; INR 4,000,000 - 6,500,000; Full time

Job summary

Avanse Global Finance IFSC Private Ltd is seeking a senior risk leader to establish and drive a robust risk-management framework across credit, fraud, information security, and regulatory risk. You will partner with senior management to embed risk-aware decision making in new products and operations.

The role demands extensive NBFC/bank risk experience, strong data analysis, policy development, and cross-functional stakeholder engagement with compliance, technology, and operations.

Qualifications

• 8-15 years of experience with at least 8 years in Risk Management, preferably with NBFC / Banks.
• Experience in B2C products is mandatory, with a broad range of products offered (secured, unsecured) - especially SME, LAP, Home loan etc.

Responsibilities

• Lead Risk function at Avanse Global and help build scalable and effective processes to help launch new categories of products.
• Develop Risk framework for the Company, addressing the following: Credit risk; Fraud risk management; Information security and Data privacy; Regulatory, legal, reputational other risks; Business operations risks.
• Ensuring availability of incident database, issues and action tracker, risk register and KRI data for businesses. Reporting of data points related to Risk Based Supervision and other compliances.
• Lead and measure people, process, system / technical and external event related risks.
• Measurement and reporting of Risk across various functions of the Organization and work with respective functions to mitigate them - through policy, process and technology.
• Participate in discussions and bring in the Risk perspective to business operations, customer experience, partnerships, legal, technology and new initiatives.
• Closely engage with key stakeholders (Senior management, regulatory and compliance authorities)
• Build Risk Culture in the organization through trainings and awareness campaign in first line of defense functions

Skills

Risk management

Credit risk

Fraud risk

Regulatory knowledge

Data analysis

Stakeholder management

Leadership

Education

CA/MBA

Job description

Job Purpose

To establish and maintain Risk Management Framework that enables identification, assessment, mitigation, measurement, monitoring and reporting of key risks for M/s Avanse Global Finance IFSC Private Ltd (https://www.avanseglobal.com), a wholly owned subsidiary of M/s Avanse Financial Servies Ltd.

Key Responsibilities

• Lead Risk function at Avanse Global and help build scalable and effective processes to help launch new categories of products
• Develop Risk framework for the Company, addressing the following:
• Credit risk
• Fraud risk management
• Information security and Data privacy
• Regulatory, legal, reputational other risks
• Business operations risks
• Ensuring availability of incident database, issues and action tracker, risk register and KRI data for businesses. Reporting of data points related to Risk Based Supervision and other compliances.
• Lead and measure people, process, system / technical and external event related risks.
• Measurement and reporting of Risk across various functions of the Organization and work with respective functions to mitigate them - through policy, process and technology.
• Participate in discussions and bring in the Risk perspective to business operations, customer experience, partnerships, legal, technology and new initiatives.
• Closely engage with key stakeholders (Senior management, regulatory and compliance authorities)
• Build Risk Culture in the organization through trainings and awareness campaign in first line of defense functions

Key Accountabilities

• Credit Policy designing, drafting and sign-off
• Other Policies related to Risk Management such as Fraud Risk Management, Outsourcing Policy, Risk Management Policy, Transfer of Loan Exposure, Co-origination and Co-lending arrangements.
• Portfolio Monitoring and Tracking of asset quality
• Monthly & Quarterly risk presentations for Senior Management and Board reviews
• Risk assessment of Processes and Policies

Required Experience

• 8-15 years of experience with at least 8 years in Risk Management, preferably with NBFC / Banks
• Experience in B2C products is mandatory, with a broad range of products offered (secured, unsecured) - especially SME, LAP, Home loan etc.

Required Qualification

• CA/MBA preferred

Technical Competencies

• Strong Knowledge of regulatory Framework for NBFC and Banks is a must along with experience in management of Credit Risks, Operational Risk and Technology risk.
• Expert ability to analyze a complex set of data and able to extract information critical to quantifying the potential risk to the organization
• Knowledge of regulations issued by International Financial Services Centres Authority (IFSCA) and digital transactions framework and data protection / preferred privacy regulations

Behavioral Competencies

• Customer Centricity
• Execution Focus
• Entrepreneurial Spirit
• People Excellence
• Innovative Mindset
• Collaborative Approach

Personal Attributes

• Excellent verbal and written communication skills
• People management skills
• High on integrity, objectivity, probing inquisitiveness
• High tolerance for stress under adversarial conditions