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Assistant Manager - Risk Containment Unit

Bajaj Housing Finance — Ahmedabad, SITAPUR

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Experience 1-2 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

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 a) Qualifications Any Graduate/post-graduate degree. Good 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

Frequently Asked Questions

What are the eligibility criteria for the Assistant Manager - Risk Containment Unit job at Bajaj Housing Finance?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 1-2 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Assistant Manager - Risk Containment Unit at Bajaj Housing Finance?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Assistant Manager - Risk Containment Unit at Bajaj Housing Finance.

Is prior experience required for this position?

This role requires around 1-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Assistant Manager - Risk Containment Unit role at Bajaj Housing Finance?

You can apply directly using the Apply Now button on this page, which will take you to Bajaj Housing Finance's application process for this role.