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 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, 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 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 ExperienceQualifications

- Any Graduate/post-graduate degree. Valuable 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: Assistant Manager - Risk Containment Unit, Prevention, SME
- Job Location Country: India
- State: GUJARAT
- Region: West
- City: Ahmedabad
- Location Name: Ahmedabad
- Tier: Megapolis

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