Dvp - Assets Risk Intelligence & Control

**Responsibility:

- **
- Role is to drive key Processes laid down as part of the Fraud Prevention, Detection and Investigation strategy across all Retail Asset Products which has to be achieved by framing superlative Risk Processes across all stages.
- As part of Process refinement and New Process initiatives, the person shall be involved in driving Critical projects with the end objective of improving Efficiencies, Productivity and Cost
- Role shall require lateral thinking and the ability to conceptualise and execute strategic assignments such as Straight through processing (STP), Green channel processing (etc)
- Owing to multiple products handled by the Central Unit, the job entails a high level of multi tasking and ability to execute projects with speed.
- Will have to lead and guide the team on key matters raised in Operational Risk forums, Internal Audit, Fincon objectives, Group Head reviews and other assignments given by senior management.
- Role entails overseeing various aspects which are Regulatory in nature or Compliance related such as; RBI reporting, FIU reporting, review and confirmations to the Board etc.
- Role also entails overseeing Reporting to other Units such as Policy, Audit, SOX, Fincon and Compliance.
- The role involves a huge span of coordination with RIC teams across the country. Prepare weekly, fortnightly and monthly reports and present summary with key highlights to management.

**Product and Process Management for all Retail Asset Products & Payment Business Products handled by RIC unit.**
- Responsible for managing Processes which includes framing of Risk Processes across Pre sanction, Post sanction and Post disbursement stages for all type of Unsecured, Secured and PSL products, for the Line and Investigation verticals.
- Develop and Create Processes to curtail Fraud Risk which can be implemented and executed with ease.
- Proactively identify process lapses and put effective control measures which will be in line with the Units objective on Fraud prevention and loss minimisation.
- Lead an existing team of members, overseeing their deliverables, review and ensuring activities are done as per timelines.
- Reviewing Audit findings and has to be quick to find solutions to the gaps identified / implementation of Process corrections.
- Has to be well networked, informed about the Industry; both domestic and International and bring in strong ideation leading to Process refinements / faster delivery / High TAT / Low cost initiatives.

**Compliance related requirements**
- Role entails overseeing various aspects which are Regulatory in nature or Compliance related which comes up from time to time on need basis.
- Ensuring the team does timely Reporting of frauds to Vigilance / Audit.
- Will be responsible for reviewing RBI circulars related to Risk domain, understanding compliance requirements and transferring the knowledge to front end teams
- In this role, based on requirements, Person will have to interact with RBI officials and IBA officials

**Audit / Operational Risk / Enterprise Risk Management**
- Will be directly responsible and have constant interactions with other functions such as Operational Risk, Enterprise Risk management, Audit and Compliance.
- Has to be equip to conduct discussions with the above mentioned functions and jointly frame responses to requirements, answer their queries. The engagement will involve interacting with VP / SVP levels.

**Central Process Management**
Has to oversee all Central team activities related to Outsourcing Risk, Vendor Management, Audit, Receipt book reconciliation and interdepartmental processes, wherever applicable

**New Initiatives/ Projects**
Role will also involve driving New Initiatives and Projects that will require heavy interaction with external companies such as Bureaus, Service Providers, Consultancy firms for which the person will need to have deep knowledge of each Product and RIC domain knowledge.

**Educational Qualifications**
- Post graduate/ Degree & MBA. Additional qualifications such as FRM
- **Key Skills**
- Self driven and Highly motivated
- Good technical skills along with ability to innovate
- Eye for detail
- Proactive with Work.
- Multitasking
- Analytical and conceptualisation ability

**Experience Required**
- Experience in Banking / Financial Services Industries
- Risk Management experience ? Credit Control, Fraud Control, Collections

**Skills Required**:
Process Management;Monthly Reports;Process Lead;Process Head;Risk Intelligence;Fraud Prevention;Fraud Control;Fraud Detection

**Location**

Mumbai

**Years Of Experience**

8 to 13 Years