Territory Manager-RCU at IDFC FIRST Bank

Job Description

Job Requirements

Job Title – Area Manager- RCU

Business Unit – Retail Banking

Function – Risk

Job Purpose:

The role holder has the responsibility of managing the Risk Control activities covering all products across the Retail platform within the area. The role holder is expected to undertake evaluation of business processes on the basis of random sampling of loan proposals on pre-defined parameters, document and report the findings together with process enhancements to management. It will include analysis of critical MIS reports for identification of uneven trends, undertake fraud investigations and implement fraud control measures to minimize losses.

Roles & Responsibilities:

Managing entire RCU activities for the assigned area
Supervise risk control, Fraud Control (FCU/RCU), Investigations & Field Verifications activities in the allocated area
Pre-disbursement sample verification for checking authenticity of documents
Post-disbursement sample checking through borrower visits
Regularly monitoring RCU agencies
Ensuring that the risk of various processes being outsourced to DSAs & CPAs is mitigated
Maintaining and sharing of MIS at approved intervals
Ensure sanctity of Data reported
Ensure audit of assigned business for verifying process compliance
Manage projects in core risk infrastructure, tools, systems and data
Ongoing research and keeping abreast with the latest fraud trends and providing updates to various departments within the Bank
Manage fraud surveillance mechanism on banking transactions

Managerial & Leadership Responsibilities:

Mentor and coach senior team members to percolate ethos of customer centricity, innovation, compliance and integrity.
Attract & retain best-in class talent to meet Bank's rapid growth targets

Educational Qualifications:

Graduate – Any

Postgraduate – MBA Finance

Experience: Minimum of 4-8 Years + of experience in RCU

Frequently Asked Questions

What are the eligibility criteria for the Territory Manager-RCU job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 10-18 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Territory Manager-RCU at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Territory Manager-RCU at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 10-18 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

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.

How do I apply for the Territory Manager-RCU role at IDFC FIRST Bank?

You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.

Territory Manager-RCU

IDFC FIRST Bank — Mumbai, MUMBAI