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Territory Manager-RCU at IDFC FIRST Bank — Mumbai

Experience4–8 yrs
SalaryNot disclosed
Work modeunknown
Levelmanager
Posted17 Sept 2026

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About IDFC FIRST Bank

IDFC FIRST Bank is hiring in Mumbai in financial services. This role looks for around 4+ years of experience.

The role

A retail banking Risk Control (RCU) area manager role at IDFC FIRST Bank. You manage RCU activities across retail products by evaluating loan proposals via random sampling, reviewing MIS trends, conducting fraud investigations, and implementing fraud control measures including fraud surveillance on banking transactions. You oversee risk control and fraud control for outsourced processes, conduct pre- and post-disbursement sample verification and borrower visits, and manage risk infrastructure/tools/systems/data. Based in Mumbai, Maharashtra, India (work mode not stated).

Full 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 areaSupervise risk control, Fraud Control (FCU/RCU), Investigations & Field Verifications activities in the allocated areaPre-disbursement sample verification for checking authenticity of documentsPost-disbursement sample checking through borrower visitsRegularly monitoring RCU agenciesEnsuring that the risk of various processes being outsourced to DSAs & CPAs is mitigatedMaintaining and sharing of MIS at approved intervalsEnsure sanctity of Data reportedEnsure audit of assigned business for verifying process complianceManage projects in core risk infrastructure, tools, systems and dataOngoing research and keeping abreast with the latest fraud trends and providing updates to various departments within the BankManage 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