Posted By
Posted in
Banking & Finance
Job Code
490855
RISK CONTAINMENT UNIT
The role Risk containment Unit (RCU) as a department is broadly categorized into the following:
- Internal control function and action on suspect transactions
- Ensuring compliance to Process/Systems/Controls by conducting Process Visits
- Investigation & Root Cause Analysis of fraud/dispute cases
- Verification of sample basis at the Pre - Account set up stage
Job Role
- Review & maintenance of policy & procedures for RCU (Liabilities)
- Analysis of RCU activities and initiating proactive changes in the policy
- Provide Process related clarification to Field Team as and when required.
- Understand the requirements from Field and get the same implemented on a system for smoothing of day to day Field activities.
- Monitor the audits pertaining to RCU Vendors as well as Collection Agencies.
- Audit of Pre Account screening & sampling for RL led sourcing including coordination with vendors
- Raising alerts to branches and follow-up on alerts for all negative cases
- Logical conclusion to all samples with either a negative or positive alert
Location - Chennai Head Office
Position - Managerial ( DVP/VP)
Preference from Banking industry. Last 5-6 yr experience in Branch Banking
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Posted By
Posted in
Banking & Finance
Job Code
490855