Rcu Manager

Role & responsibilities

Risk Control Unit (RCU) Manager

This role requires a strong understanding of unsecured lending, fraud detection techniques, risk analytics, and regulatory compliance in the financial services industry.

Key Responsibilities:

1. Risk Control & Assessment

• Develop and maintain robust risk control processes for unsecured personal and business loans.
  
• Evaluate and assess risks across various stages of the loan lifecycle application, disbursement, repayment, and recovery.
  
• Implement early warning systems and controls to identify and mitigate high-risk applications or transactions.
  
• Collaborate with underwriting and credit teams to align risk policies with lending practices.
  

2. Fraud Control & Investigation

• Lead investigations into suspicious loan applications, customer behavior, or transactions indicating potential fraud.
  
• Develop and maintain a fraud monitoring and detection system tailored to unsecured lending.
  
• Coordinate with third-party verification agencies, law enforcement, or legal teams for evidence collection and resolution.
  
• Document fraud cases and maintain an internal fraud registry for future risk mitigation.
  

3. Risk & Fraud Analytics

• Utilize data-driven approaches to identify emerging fraud patterns or systemic risk trends.
  
• Recommend enhancements to scoring models, rule engines, or decision systems based on investigation findings.
  
• Generate regular reports and dashboards for management on fraud losses, recovery efforts, and control effectiveness.
  

4. Compliance & Governance

• Ensure adherence to regulatory requirements and internal policies for risk and fraud control.
  
• Design and implement standard operating procedures (SOPs) for RCU operations.
  
• Conduct periodic audits, mystery shopping, and field investigations to verify authenticity and process adherence.
  

5. Team Management & Training

• Lead and manage a team of risk investigators and analysts.
  
• Conduct regular training and capacity-building sessions for staff on fraud detection and risk control techniques.
  
• Foster a culture of vigilance, integrity, and compliance within the team.
  

Key Requirements:

Education:

• Bachelor’s degree in Finance, Risk Management, Accounting, Criminology, or a related field.
  

Experience:

• Minimum 3+ years of experience in risk control, fraud detection, or investigations within a financial institution, NBFC, or fintech company.
  
• Proven track record in managing unsecured personal and business loan portfolios.
  
• Strong investigative, analytical, and forensic skills.
  

Skills:

• In-depth understanding of unsecured loan products, underwriting processes, and fraud typologies.
  
• Proficient in using fraud detection tools, risk engines, and data analytics platforms.
  
• Excellent communication, leadership, and decision-making skills.
  
• Ability to work cross-functionally with internal teams and external stakeholders.
  

Preferred Attributes:

• High ethical standards and attention to detail.
  
• Strong problem-solving capabilities under pressure.
  
• Willingness to travel for on-ground investigations, if required.

Preferred candidate profile