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  • 8 - 11 Years
  • Posted : above 1 month

Job Description:

We are looking for experienced candidates in RCU activity & Risk who can ensure effective Risk Containment management at the assigned location for the unit with an emphasis on the comprehensive identification and effective mitigation of significant risk exposures The individual must have knowledge of retail lending product and lending system

The candidate in this role is responsible to maintain the balance of risk and control of their compliance with accepted operational/credit risk tolerances Minimization of losses arising due to suspect cases through the efficient use of RCU measures, implementing RCU procedures and developing deterrents against suspects through investigations and follow-up action to reduce risk is also expected from him He/She is also responsible to maintain the balance of risk and control for their compliance with accepted operational/credit risk tolerances

Job Responsibilities

Effective management of RCU functions for the state
Contribute appropriately and support new and existing RCU strategies to contain suspects
Sustain a system for identification, monitoring, investigating & reporting in order to minimize losses
Reduce losses by way of Timely follow up and timely identification and investigation
Contribute to recovery strategies
Follow up with legal/law enforcement processes at the state for effective closures
Follow up for outsourced agency activities and all recruitments and empanelment at the state
Keep RCU expenses within budgets
Pro-active Risk Management by way of conducting all processes and initiation of remedial measures
Manage and Train unit staff to achieve quality performance
Remain engaged with appropriate stakeholders (internal/external) for thwarting losses before on-boarding customers/affiliates into the company and ensuring timely remedial actions and escalation of situations that pose other significant risk/s


- New Accounts for Credit/RCU related feedback

- Sales for sourcing feedback

- Operations for preventive measures and investigation

- Collections & other units

- Legal And Compliance


- Other Service Providers

- Legal / Law enforcing Authorities

- RCU Managers of other banks and NBFCs dealing with retail assets in the state


Requisite Qualification

MBA/ Post Graduate

Experience 4 years to 8 years in RCU & Risk

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Feb 2020

Key Skills:

Company Profile:

Capital First Ltdarfix

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