Assistant Manager - Risk Containment Unit

Bajaj Finserv


Date: 2 weeks ago
City: Surat, Gujarat
Contract type: Full time
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

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