Manager - Risk Containment Unit

Location Name: Bhopal

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