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