Assistant Manager Risk Containment Unit

Job Purpose

To manage and optimize the risk and Fraud management process for payments business of Bajaj Finance Limited covering full lifecycle from Onboarding Risk to transactions / lifecycle risk management. The role is responsible for investigation analysis actioning and reporting of merchants for mitigation of risk.

Duties and Responsibilities

Completely own the risk and fraud management function for Payments business of Bajaj Finance Limited for Acquiring QR business

Acquiring QR risk management through Onboarding checks Transaction Monitoring and Portfolio monitoring

Daily review of risk triggered cases basis transaction pattern business data verification and calling for early identification

Update system for action taken basis review

Prepare daily / weekly / monthly reports on trends thresholds and efficiency

Maintain close coordination with business operations data team for review of existing processes / data points and to use them from mitigating fraud risk by getting controls implemented

Key Decisions / Dimensions

Following decisions are taken by the role :

Decide on the quality of the merchant basis transaction pattern or business documents

Deactivation / Reactivation of merchants basis data available

Major Challenges

nsure 100% monitoring with zero error

Handling of special situations with quick thinking and instant action

Constant monitoring to improve process efficiency

Required Qualifications and Experience

a)Qualifications

Any Graduate / post-graduate degree. Good understanding of Payment business

Work Experience

1.1-2 years of experience with NBFC / Banks in calling and / OR document verification

in Advanced Excel

be familiar with SFDC

Required Experience :

Manager

Key Skills

Arm,Risk Management,Financial Services,Cybersecurity,COSO,PCI,Root cause Analysis,COBIT,NIST Standards,SOX,Information Security,RMF

Employment Type : Full-Time

Experience : years

Vacancy : 1