JOB DESCRIPTIONJob 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

- 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 Experiencea) Qualifications

Any Graduate/post-graduate degree. Positive understanding of Payment business.

Work Experience

1. 1-2 years of experience with NBFC/Banks in calling and/OR document verification
2. Experience in Advanced Excel
3. Must be familiar with SFDC

Locations

- Job Level: GB02
- Job Title: Deputy Manager - Risk Containment Unit, Prevention, SME
- Job Location Country: India
- State: UTTAR PRADESH
- Region: North
- City: Meerut
- Location Name: Meerut
- Tier: Tier 1

📌 Assistant Manager - Risk Containment Uni... (Meerut)
🏢 Bajaj FinServ
📍 Meerut