Assistant Manager

1 day ago


Tier Indore MADHYA PRADESH India North Bajaj Finance Limited Full time ₹ 6,00,000 - ₹ 18,00,000 per year
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 implementedKey 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 availableMajor Challenges
nsure 100% monitoring with zero error
 Handling of special situations with quick thinking and instant action
 Constant monitoring to improve process efficiencyRequired 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
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