Job Summary To manage a dedicated team in RCU for managing overall Data, Reports, Supporting docs required to be submitted to Board, ACB, RMC Committee Regulating AuthoritiesCulture Anchor:Think like an Entrepreneur - Encourages recent ideas, helps teams improve, and supports them in taking up challengesPractice Emotional Intelligence - Listens to others, stays calm under pressure, and treats everyone with respect.Transform Continuously - Explores opportunities and encourages teams to improve processes and systems for better delivery.Recognize Reward Success - Recognizes hard work, supports talent growth, and ensures fair rewards and development.

Responsibilities

- Preparation of Board Notes

- Preparation of ACB Notes

- Preparation of RMC Deck and Presentations with Statistical material

- Reporting of Fraud amount in the company Balance Sheet

- Reporting of attempted fraud >= 25 lacs

- Quarterly review of frauds to BOD

- Annual review of frauds to BOD

- Liaison with ORM for Data/Information checking and closure

- Closely work with the team and ensure all the activities are done as per set guidelines

Team 1

- Liaison with internal RCU verticals for closure post verification





- Liaison with Referral Dept like Sales/DMS compliance, DAC, AF, Gold for verification and closure

- Liaison for latest case update, Data management and random audit of SFDC RCU status of a case along with the fraud tracker

Team 2

- Processing all RCU Investigation reports and getting necessary clarifications from RCU process owners

- Preparation of FMR-1 Reports and closure with RCU Process owners

- Creation of all FMR Reports including continuous updates on Police complaints, Court cases, Recovery and other updates

- RCA gap validation in liaison with field team with detailed testing of the process

Team 3

- Tight monitoring of Central email ID ("RCUREMAIL_ADDRESS")

- Manage referred cases lifecycle till reporting

- Data Validation process setup

- Liaison for updating data and having monthly recon process

- Weekly follow with both RCU Process owner and Referral dept

Team 4

- Reporting in RBI Portal (XBRL)

- Fmr-1, fmr-3, fmr-4

- Sending Physical communication for >=1 Cr to Bengaluru office

- Closure of fraud cases

- Reporting of Quarterly Returns on frauds reported

📌 National Lead - RiskC, SME & Gold (Pune)
🏢 Bajaj Finance
📍 Pune