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Position purpose
“This position is open with Bajaj Finance ltd.”
• To do daily fraud monitoring / tracking and deliver help to reporting manager in set up various processes with an objective of zero fraud exposure.
Duties and Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
• Do evaluation for monitoring suspect transactions.
• Report the findings within timelines to the senior management.
• Investigation & Root Cause Evaluation of fraud/dispute cases
• Evaluation of Direct Fraud Trends & Investigation/Action to be taken for limiting the risks.
• Make sure proper handholding on all Automation process & RCU projects. Continuously improvement on TAT.
• Share trigger-based data at field for investigation and collaborate with them for timely closure
• Make sure error free dashboards are circulated within defined period
4. Key challenges
(Challenges faced on an on-going basis in carrying out the job)
• Understand complete various processes and prepare data reports / Dashboard
• Daily/weekly/monthly fraud monitoring reports to prepared to minimize fraud.
• Coordination within RCU Field group (Rural + Urban) to make sure the field investigation is done in defined time.
5. DECISIONS
(Key decisions taken by job holder at his/her end)
? Propose new strategy for field and HO group to prevent malpractice.
? Propose changes in system and daily reporting in favor of RCU unit.
? Introduce new technology or new ways to control fraud.
6. INTERACTIONS
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)
Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
? Risk Group: To understand and align on policy changes and ascertain impact
? Client Service, Product and Sales Teams: To understand market challenges and recent fraud trend or complaints related to fraud.
? Business: To align on the RCU controls that directly impacts the business processes, including Cost, TAT or Client Experience
External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
Vendors & Channel Partners: - Need to connect specially with Business channel partners on fraud awareness / Delivering training / for investigation point of view.
7. DIMENSIONS
(Key numerical data which will reflect the scope and scale of activities concerning this job)
Financial Dimensions (FY 19)
(These should be quantifiable numerical amounts)
? NA
Other Dimensions (FY 19)
(Significant volume dimensions associated with the job)
? Total Group Size: 0
? Number of Direct Reports:0
? Number of Indirect Reports:0
? Number of Outsourced employees:0
Required Qualifications and Experience
Capabilities AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience qualifications of this job and not the incumbent)
Educational Qualifications
a) Qualifications
? Minimum Qualification: Graduation (BE/ BT
This opening is for the Lead - MFI Risk position in Pune.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 3-4 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Lead - MFI Risk at Bajaj Housing Finance.
This role requires around 3-4 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
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.
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.