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Senior Manager - Risk Control Unit

5 - 8 yrs
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Not Disclosed by Recruiter Posted 30+ days ago Job Applicants: 1500+ Job Views: 1500+

Job Description

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    This role is responsible to drive and supervise the fraud check process for applicants before loan approval and also to undertake post disbursement checks for all loans. Also responsible to minimize fraud-related losses by initiating proactive control procedures, early detection systems and appropriate follow-up actions.

    Key Responsibilities:
    • Managing entire RCU activities of the region by conducting periodic reviews
    • Pre-disbursement sample verification for checking the authenticity of documents
    • Post-disbursement sample checking through borrower visit
    • Close observation of field practices in business / collection / repossession / sale in order to enable detection of irregular transactions, if any
    • Keeping track of frauds in the market and ensuring appropriate controls are set to avoid such frauds in our portfolio
    • Investigation & Root Cause Analysis of fraud/dispute cases
    • Collection of documentary evidences for the investigation conducted and recommendation for action initiation
    • Empanelment of good and feasible RCU agencies to assist in completing the RCU activities of the company
    • Conducting various Agency audits including Collection Agency, FI Agency, RCU Agency, etc
    • Timely communication of key information and trends by way of a detailed Fraud Control MIS
    • Understanding the current policy, procedures and operational framework and Identify gaps/ need for implementation of new processes and policies
    • Adhere and comply to the documented processes and standards as defined by the audit committee for internal audits, concurrent audits, IT controls, Risk Control Unit

Salary: Not Disclosed by Recruiter

Industry: Banking, Financial Services, Broking

Functional Area: Other


Employment Type: Permanent Job, Full Time


Desired Candidate Profile

    • 5+ Years exp in Risk control / Fraud control unit with Banks / NBFCs
    • Have exposure/inclination to devise measures in Fraud Prevention and Investigation
    • Should have exp working in retail lending both in Pre and Post Disbursement
    • Exp in Co-ordination and Monitoring of Verification agency
    • Strong understanding of retail lending products and process
    • Excellent written and oral communication skills
    • Strong analytical and dispute resolution skills
    • Proactive and self-driven


UG: Any Graduate - Any Specialization

PG:Any Postgraduate - Any Specialization

Doctorate:Doctorate Not Required

Company Profile:

TVS Credit Services Limited

*We were incorporated on November 5, 2008 and are promoted by the $7.2-billion TVS Group.

*We are registered with the RBI as a Non-Deposit taking Non-Banking Finance Company (NBFC) with effect from April 13, 2010
With over 3000+ points-of-presence and over 12,000 employees, our presence spans 108 offices in 22 states. We have so far served over 25 lakh customers.

*We are the leading retail financier for TVS Motor Company Limited (TVSM), and have also consolidated our position as the second-largest tractor financier for the TAFE group.

*We are also a prominent financier of Used Cars, Used Tractors, Consumer Durables, Used Commercial Vehicles and MSME.

*We have a high rural penetration to serve the heart of India

*Our efficient and speedy customer service is enabled by simple processes and a robust IT platform
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Job Posted by

Madhava Varma A Talent Acquisition Professional TVS Credit Services Limited Chennai

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