Territory Manager-RCU

Idfc First Bank Limited; Goregaon; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Idfc First Bank Limited in India is seeking a Territory Manager – RCU to oversee risk control activities across the assigned area, including fraud control, field verifications, audits, and risk mitigation processes. The role involves ensuring data integrity, process compliance, and fraud prevention while collaborating with other departments to deliver secure and customer-centric services.

The candidate will lead investigations, manage MIS reports, coordinate with vendors, and liaise with law

Qualifications

• Graduate in any discipline.
• Postgraduate: MBA in Finance preferred.
• 4–8 years of experience in RCU, fraud control, or risk management.

Responsibilities

• Managing the product assigned and performing activities like screening/sampling, hunter checks, onboarding checks, proactive checks, vendor coordination, off roll interviews, etc.
• Data management and MIS reports management.
• Vendor follow-ups and closure of assigned tasks within the defined timelines.
• Ensuring timely reporting of incidents to Line Managers.
• Assimilate facts in investigations and outline initial report draft.
• Product and RCU activities in-depth knowledge.
• Performing control activities to prevent market trends/ fraud risk.
• Field visits for investigation, pre disbursement sampling verification for authenticity of documents, profile verifications, undertake referred cases investigations.
• Training off roll resources on best practices and standardized process adherence.
• Identifying process gaps and highlighting the same to seniors for corrective actions.
• Engagement with internal stakeholders for smooth functionality of BAU activities
• Law Enforcement liaising with police authorities of jurisdiction and having close coordination.
• Effective Management of RCU function of activities of assigned products for the respective locations being handled.
• Preventing reputational risk and addressing critical situations at the branches/ loan centers/ Hubs etc.
• Vetting of external vendors and outsourced staffs covering various departments and products assigned prior onboarding.
• Vendor Billing Management and cost control.

Skills

Analytical and investigative skills

Communication & stakeholder management

Team leadership & compliance culture

Audits, MIS management

Retail banking risk processes

Education

Graduate in any discipline

MBA in Finance (preferred)

Job description

Job Requirements

About the Role

As an Territory Manager – RCU, you will be responsible for overseeing all Risk Control Unit activities across your assigned area within the respective division. This includes managing fraud control, field verifications, audits, and risk mitigation processes. You will play a key role in ensuring data integrity, process compliance, and fraud prevention, while collaborating with other departments to deliver secure and customer-centric services.

Key Responsibilities

Primary Responsibilities

• Managing the product assigned and performing activities like screening/ sampling, hunter checks, onboarding checks, proactive checks, vendor coordination, off roll interviews, etc.
• Data management and MIS reports management.
• Vendor follow-ups and closure of assigned tasks within the defined timelines.
• Ensuring timely reporting of incidents to Line Managers.
• Assimilate facts in investigations and outline initial report draft.
• Product and RCU activities in-depth knowledge.
• Performing control activities to prevent market trends/ fraud risk.
• Field visits for investigation, pre disbursement sampling verification for authenticity of documents, profile verifications, undertake referred cases investigations.
• Training off roll resources on best practices and standardized process adherence.
• Identifying process gaps and highlighting the same to seniors for corrective actions.
• Engagement with internal stakeholders for smooth functionality of BAU activities
• Law Enforcement liaising with police authorities of jurisdiction and having close coordination.
• Effective Management of RCU function of activities of assigned products for the respective locations being handled.
• Preventing reputational risk and addressing critical situations at the branches/ loan centers/ Hubs etc.
• Vetting of external vendors and outsourced staffs covering various departments and products assigned prior onboarding.
• Vendor Billing Management and cost control.

Secondary Responsibilities

• Collaborate with cross-functional teams to enhance product and service offerings.
• Recommend process improvements to strengthen risk controls and operational efficiency.

What We Are Looking For

Education

• Graduate in any discipline
• Postgraduate: MBA in Finance preferred

Experience

• 4–8 years of experience in RCU, fraud control, or risk management

Skills and Attributes

• Strong analytical and investigative skills
• Deep understanding of retail banking risk processes
• Excellent communication and stakeholder management
• Ability to lead teams and drive compliance culture
• Proficiency in managing audits, MIS, and fraud detection systems