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1) Position purpose:
The role is tasked with handling the group of RCU agency samplers and assist them in
Identifying document manipulation and critical frauds. Optimizing sampling and make sure minimal fraud loss. To sustain TAT enhance back up to the Business Goals. Effective liasoning with risk managers and peers in other financial institutions. To make sure continuous improvement of the RCU screening and sampling system and conduct Stakeholders, meet, Trainings & Fraud awareness sessions.
2) Dimensions:
Business Units
ABFL
Products
All ABFL Products
Geography
2-4 LRM in one RCU Hub - (Kolkata, Bhubaneshwar), (Delhi, Chandigarh, Jaipur, Lucknow), (Chennai, Coimbatore, Bengaluru, Secunderabad), (Mumbai, Ahmedabad, Indore, Pune)
Department Workforce Number
Total No. of Direct Reporting Group Members: 1 to 3
Other Quantitative and Important Parameters for the job:
Supervising Screening & Sampling Exercise
Time circulation of MIS/Reports/Dashboard
Unusual Event (UEs) & Case Investigation
Assisting Area Managers in conducting trainings with stakeholders / vendors.
Vendor Billing data preparation and quality checks
ML Tracker preparation
Co-ordination with all stake holders
Pre-& Post Disbursal Checks
Verification of Non-starter cases.
Qualitative parameters
Truthful & Integrity
Analytical bend of mind
Investigative capabilities & Eye for detail
Good listeners & Critical Thinking
Networking
Open to outstation travel
Communication, presentation and Reporting capabilities
3) Position context & Key challenges:
Organizational Context:
Aditya Birla Finance Limited ("ABFL") is a lending subsidiary of Aditya Birla Capital Limited. ABFL is registered with RBI as a Systematically Important Non-Deposit accepting Non-Banking Finance Company (NBFC). ABFL is one of the top private diversified NBFCs in India. As of 31-Dec'20, ABFL has a pan-India presence with 91 branches and a lending book of Rs. 45,560 Crores.
ABFL offers end-to-end lending solutions to a diverse set of clients - Retail, HNI, MSMEs, and Mid & Large Corporates through secured as well as unsecured loan products. The diverse range of lending products includes Retail Small Ticket Secured and Unsecured Loans, Unsecured Personal Loans, Unsecured Business Loans, Health & Education Loans, Digital B2B2C and B2B2B Small Ticket Loans, Small Business Secured Loans, Loans Against Property (LAP), Lease Rental Discounting (LRD), Construction Finance (to Real Estate Developers), SME Loans, Capital Markets Loans (Loan Against Shares), Supply Chain Finance, Mid and Large Corporate Loans, and Infrastructure Finance loans. ABFL also has a Wealth Management division.
ABFL is rated “AAA” by India Ratings, ICRA and CARE (reaffirmed in 2020). ABFL secured the ABG Business Excellence Award in 2017 (Silver), and 2015 (Bronze), and multiple other Awards on forums like CII.
Position context:
The role is tasked with handling the group of RCU agency samplers and assist them in
Identifying document manipulation and critical frauds. Optimizing sampling and make sure minimal fraud loss. To sustain TAT enhance back up to the Business Goals. Effective liasoning with risk managers and peers in other financial institutions. To make sure continuous improvement of the RCU screening and sampling system and conduct Stakeholders, meet, Trainings & Fraud awareness sessions.
4) Core result areas:
Core result areas
Assisting Actions
Monetary Savings
Hit Rate in %age (Basis S&S and Hunter) (Sample to Hit Ratio)
Fraud Savings in Amount i.e. Loan Amount (Basis S&S and Hunter and Saving from Market Alert and Multiple Funding)
Efficiency & Verification Cost - % of Files Sampled
Internal Control & Process
Enhancements / Innovations / Changes suggested / implemented - Initiatives - New Process changes, Automation, System
Default Backtracking for Document Fraud - Conversion% (FTD)
Department Audit & Regulatory Compliances (Internal Audit Score & Open Items)
MIS & Reporting
Process Efficiency
RCU Vendor coordination for RCU reports
Quarterly RCU Vendor visit
Vendor Bill preparation and assessment
Drive TAT (Sampling & Screening {S&S} & Hunter)
People Management
Learning & Development - Self Training (4) & Vendor staff Training - (1 Training / Month / Location for sampler) + (1 Visit / Qtr / Vendor at Vendor Premises)
Group Management - Agency Collaboration, Group Huddle & Engagement, Co Ordination with internal Stakeholders - Annual 12 Monthly Meetings 5%
This opening is for the Location FRMU Manager - Kolkata position in Kolkata.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 2-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Location FRMU Manager - Kolkata at Aditya Birla Group.
This role requires around 2-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Aditya Birla Group's application process for this role.