The National Manager - RCU is responsible for end-to-end fraud management for Bank suite of loan products for Rural banking. Responsible to define performance metrics, build alert. Monitoring and control systems and use a data-driven approach to identify and respond to new fraud trends. This position will be responsible for : 1. The purpose of this role is to ensure that the risk control function is addressed through a set of predetermined and structured procedures and also ensuring comprehensive treatment and transparency. 2. Create benchmarks in risk management processes in the RCU fraternity. Develop and implement the best in class and path breaking risk containment practices. Ownership of the Fraud Risk Management Manual and Policy for Rural Banking. 3. Responsible for advising business units and support functions about fraud risk management framework. 4. Identify fraud prone areas and accordingly provide inputs to the business departments and develop anti-fraud measures. 5. Co-ordinate with branches and other business departments and support units on investigations and to implement the anti-fraud or corrective measures. 6. Establishing fraud detection process framework and setting rules in various systems for transaction monitoring. 7. Control fraud surveillance mechanism on banking transactions. 8. Ongoing research and keeping abreast with the latest fraud trends and providing updates to various departments within the Bank. 9. Developing content for training employee and customer awareness on fraud risk management and its dissemination. 10. Follow extant guidelines from Master Direction on Frauds and report frauds both internally and externally. 11. Review all pending matters, such as investigation reports, disciplinary cases and other vigilance complaints periodically and take appropriate steps for recommending and implementing action on these matters. 12. Work with Risk Leadership team to determine team's project roadmap and priorities while also driving milestones and delivery deadlines. Also automate processes to minimise decision time. 13. Conceptualize and drive projects in core risk infrastructure, tools, systems and data. 14. Collaborate with our product, partnerships, and sales teams to ensure we are meeting our operational, service and revenue goals. 15. Institute fair and unbiased investigation mechanism for cases referred to the unit/discovered by the unit and establish accountability as well as identify process lapses to tighten controls so as to reduce repeat instances, within stipulated timelines. 16. Conduct root cause analysis on fraud events to identify emerging fraud trends and provide recommendations to Management for proper response to threats taking into consideration the underlying business impact. 17. Identify improvement opportunities and provide recommendations to Management to modify detection techniques without negatively affecting client experience or fraud exposure. 18. Minimise credit and fraud losses through efficient use of fraud control measures, implementing fraud prevention procedures and developing deterrents to fraud through investigations and follow-up action. 19. Engage stakeholders and other external agencies in order to proactively manage frauds. 20. Review and provide inputs on all key process/policy circulars. 21. Develop training programs for key stakeholders viz credit appraisers, operations, branch staff and sales to minimize instances of fraud and improve overall sensitisation and alertness towards fraud risk. 22. Prepare budget and capacity plan for the unit. 23. Provide expertise in career planning, performance management, and coaching. 24. Effectively manage agency and peer network and provide support to other units in law liasoning and regulatory body interactions. Strengthen relationship with the law enforcement and regulators. Kindly share your updated resume with following details : 1. Current Organisation : 2. Current Designation and Role : 3. Total Exp : 4. Qualification : 5. Current Salary (Also mentioned Fixed+Variable) : 6. Expected Salary : 7. Present Location :8. Joining Time : 9. Reason for Change : 10. Experience in RCU or Fraud Risk for Rural or Microfinance : Reshma STEPS

Mumbai

National Manager - Risk Control Unit - Rural Banking 

National Manager - Risk Control Unit - Rural Banking  ,Job Description for National Manager - Risk Control Unit - Rural Banking  in Steps India in  Mumbai for (8-18) years of experience. Apply Now!

Job Description for National Manager - Risk Control Unit - Rural Banking  in Steps India in  Mumbai for (8-18) years of experience. Apply Now!