Assistant Manager - Risk Containment Unit

1 - 2 years

3 - 6 Lacs

Posted:9 hours ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

Assistant Manager - Risk Containment Unit - About The Role
Assistant Manager - Risk Containment Unit
Job Purpose
To manage and optimize the risk and fraud management process for the payments business of Bajaj Finance Limited, covering the 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 the 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 based on transaction pattern, business data verification, and calling for early identification.
  • Update system for action taken based on review.
  • Prepare daily/weekly/monthly reports on trends, thresholds, and efficiency.
  • Maintain close coordination with business, operations, and data teams for review of existing processes/data points and to use them for mitigating fraud risk by getting controls implemented.

  • Key Decisions / Dimensions
  • Decide on the quality of the merchant based on transaction pattern or business documents.
  • Deactivation/Reactivation of merchants based on data available.

  • Major Challenges
  • Ensure 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 or 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.
  • Mock Interview

    Practice Video Interview with JobPe AI

    Start Job-Specific Interview
    cta

    Start Your Job Search Today

    Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

    Job Application AI Bot

    Job Application AI Bot

    Apply to 20+ Portals in one click

    Download Now

    Download the Mobile App

    Instantly access job listings, apply easily, and track applications.

    coding practice

    Enhance Your Skills

    Practice coding challenges to boost your skills

    Start Practicing Now
    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

    RecommendedJobs for You