Risk Containment Unit (RCU)

This role is for one of the Weekday's clients

Salary range: Rs 3000000 - Rs 4500000 (ie INR 30-45 LPA)

Min Experience: 7 years

Location: Bengaluru, Mumbai

JobType: full-time

We are seeking an experienced professional to lead the Risk Containment Unit (RCU), Fraud Control Unit (FCU), and Vigilance functions within a fast-growing financial services environment focused on micro Loan Against Property (LAP) lending. This leadership role is responsible for strengthening the organization’s risk management framework by implementing proactive controls, robust investigative processes, and an automation-driven risk monitoring model. The position requires a strong understanding of financial risk, fraud detection, and field investigation governance to identify vulnerabilities and prevent potential losses before they occur. You will work closely with cross-functional teams across credit, operations, and compliance to ensure that risk containment strategies are embedded throughout the lending lifecycle. The role also involves building a strong risk culture, designing scalable risk processes, and deploying technology-enabled controls to detect irregularities early. As the head of the function, you will guide teams responsible for risk verification, fraud prevention, and vigilance operations while ensuring adherence to regulatory standards and internal governance policies. This position is ideal for professionals who combine deep domain knowledge in financial risk and fraud management with the ability to build efficient systems, lead investigative teams, and implement forward-looking risk strategies in a high-growth lending environment.

Requirements:
Key Responsibilities

• Lead and manage the Risk Containment Unit (RCU), Fraud Control Unit (FCU), and vigilance functions across the organization
• Design and implement robust risk containment strategies to minimize fraud, operational risks, and credit-related losses
• Develop field investigation governance frameworks to ensure effective verification and monitoring processes
• Establish preventive controls to identify potential fraud patterns and operational gaps within the lending ecosystem
• Implement automation-driven risk monitoring systems to enhance detection capabilities and operational efficiency
• Collaborate with credit, underwriting, compliance, and operations teams to strengthen risk assessment processes
• Oversee field investigation teams responsible for background verification, document validation, and risk audits
• Analyze risk trends and fraud patterns to develop proactive mitigation strategies
• Build scalable systems and processes that enable early identification of operational or financial risks
• Ensure adherence to regulatory guidelines and internal risk management policies
• Drive internal vigilance initiatives and investigate suspected fraudulent activities
• Prepare risk reports and insights for senior leadership to support strategic decision-making
• Promote a strong risk awareness culture across departments and operational teams

What Makes You a Great Fit

• Minimum 7+ years of experience in risk management, fraud control, or risk containment within financial services or NBFCs
• Strong understanding of Risk Containment Unit (RCU) frameworks and fraud prevention practices
• Experience in managing field investigation teams and operational risk processes
• Deep knowledge of lending operations, particularly within secured lending or LAP products
• Proven ability to design and implement risk control frameworks and governance structures
• Experience working with automation tools or analytics systems for fraud detection and risk monitoring
• Strong analytical skills for identifying patterns, anomalies, and operational vulnerabilities
• Ability to lead cross-functional collaboration between risk, credit, and operations teams
• Experience handling vigilance investigations and compliance-related matters
• Excellent leadership, decision-making, and problem-solving capabilities
• Strong communication skills to present risk insights and strategic recommendations to senior stakeholders
• Ability to build scalable and efficient risk management processes in a high-growth environment

Skills

• Risk Containment Unit (RCU)