Associate FRM

Role & responsibilities

• Define and devise risk review and control mechanism for digital products based on agreed KRIs and incident analysis.
• Ensure and track that respective stakeholders are taking appropriate actions for issues and observations.
• Tracking fraud performance both from Issuer & Acquiring perspective at Ecosystem, Banks, TPAPs & Aggregators level to identify key contributors & mitigation measures.
• Engage with relevant stakeholders like Acquirers, PSPs, Aggregators/Merchants and Compliance, Audit and ERM teams.
• Formulation of circulars, policies, SOP for internal & external participants.
• Investigation of (a) Frauds to discover new MO (b) anomalies in transaction (c) non-compliances.
• Acting intermediary between Risk Mngt. & other functions like Data Science, Marketing, Product, etc. for key FRM deliverables.
• Conducting periodic review of rule deployed in EFRM for products like UPI, IMPS, Cards, etc.
• Study the emerging trends in digital products and identify potential risks.
• FRM is 24X7 function and thus requires working in night for selective period in a month.