Location Manager – Prevention & Detection

Hiring for A Leading Private Sector Bank

3 - 8 Years

Job Description

Our prestigious client which is a well known Leading Private Sector Bank has an opening in Location Manager - Prevention & Detection for their organization. Following are the details:

Location: Raipur

Job Description:
  • Responsible for managing RIC processes and fraud prevention at loan origination stage across all Retail Asset products
  • Review verification reports of sampled cases at the loan origination stage
  • Ensure proper investigations in respective portfolios of Cards, Merchant Acquiring or NB/DBQ products.
  • Scrutiny of discrepant documents submitted by the applicant for availing the loan
  • Investigate discrepant cases to identify involvement of applicant, collusion with Bank's outsourced channel at a Prevention stage
  • Carry out cross-checks as specified across the various Products RIC Bulletins / rolled out by Central RIC team
  • Responsible for managing RIC activities in Gold loan branches in the location
  • Support in carrying out investigations of frauds detected post disbursement and initiate recovery from such cases
  • Ensuring compliance with Outsourcing Policy of the Bank for all RIC vendors
  • Manage Outsourcing risk by carrying out checks on Outsourced agents.
  • Initiating action on erring Vendors and Vendor staff
  • Engaging with peer units to discuss and resolve matters pertaining to cases
  • Agency management and imparting training to agencies and support staff
  • Liaising with law enforcement agencies.
  • Field visits to vendors, customers in local and deep geo locations
  • Investigate on PD/RBI/BO/Sr. Management escalations and resolve
  • Investigate and initiate approval for decisions like loss booking, credit to customer, insurance route etc.
Educational Qualification:
  • Graduate (B Com/ B Sc) or Post graduate

Salary: Not Disclosed by Recruiter

Industry:Banking / Financial Services / Broking

Functional Area:Financial Services, Banking, Investments, Insurance

Role Category:Retail/Personal Banking

Role:Credit Officer


Desired Candidate Profile

Please refer to the Job description above

Company Profile

RiverForest Connections Private Limited

A Leading Private Sector Bank
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Contact Company:RiverForest Connections Private Limited