Assistant Manager - Risk Containment Unit

Job description

**Location Name:** Surat **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** - Qualifications Any Graduate/post-graduate degree. Good understanding of Payment business Work Experience - 1-2 years of experience with NBFC/Banks in calling and/OR document verification - Experience in Advanced Excel - Must be familiar with SFDC