Search

Jobs

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
  • Community
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Bajaj Finance

Compare button icon Compare button icon Compare
4.0

based on 6.7k Reviews

Play video Play video Video summary
filter salaries All Filters

4777 Bajaj Finance Jobs

Unit Manager - Risk Containment Unit/Sen...

BAJAJ FINANCIAL SECURITIES LIMITED

 · 

4.0

 based on 6.7k Reviews

2-3 years

Pune

Unit Manager - Risk Containment Unit/Sen...

Bajaj Finance

posted 3d ago

Job Role Insights

Flexible timing

Key skills for the job

Salesforce SFDC SQL Java Fraud Analysis PHP

+ 6 more

Job Description

    

Job Purpose  
â"This position is open with Bajaj Finance ltd.â"
  •  
  •  Ongoing review of Process design for an effective operational process with an objective of zero process gap and 0 fraud exposure
  •  Establish and lead Center of Excellence for Risk Containment Unit    

    Duties and Responsibilities  
    1. Planning
  •  Interact with respective process owners within Risk Containment Unit to identify the problem areas and brainstorm on probable solutions
  •  Track all open issues, new developments for effective monitoring and timely closure
  •  Review changes in the front-end applications that have an impact on the fraud risk or exposes customers data to the external parties
  •  Horizontal review of all products to replicate best practices as per the requirements and design of respective products
  •  Planning of Annual Operating Projects for the Unit as well as Long Range plans to optimize the operational processes and introduce new technologies
  •  Carry POCs/Pilots to validate the benefit hypothesis before creation of requirement documents
  •  Business testing of new functionalities before deployment to ensure all scenarios are covered
  •  Post-production movement tracking of functionalities

    2. Execution
  •  Review important operational metrics (TAT/Touch/Friction/Productivity/Throughput) and ongoing KPI/KRI monitoring to assess effectiveness/functioning of deployed capabilities
  •  Continuous RCSA on the entire process lifecycle to determine the gaps that have led to frauds or may lead to frauds in future
  •  Engage with Business/COE functions for new plans/projects, so that the RCU adjustments can be done well in advance
  •  Collaborate with the RCU team on field as well as HO
  •  Conduct feasibility analysis through cost and efforts involved vis-Ã -vis benefits

    3. Team management and coaching

    4.  MAJOR CHALLENGES
    (Challenges faced on an on-going basis in carrying out the job)
    ï‚
  •  Ongoing changes across the Business processes horizontally which are completely different in nature for each business ranging from B2B business to Payments to B2C & SME
    ï‚
  •  Smaller changes within the ecosystem that impacts the front-end as well as back-end processes
    ï‚
  •  Collaboration with multiple business/risk/CoE teams to ensure all products are covered
    ï‚
  •  Multiple projects/tasks within each product and stringent timelines
    ï‚
  •  Requirements keep changing even after the BRD has been signed off and there is a need to go back to the development team. This impacts project timelines and creates friction as a lot of the work needs to be re-done.    

    Required Qualifications and Experience  
    Educational Qualifications
    a) Qualifications
    ï‚
  •  Minimum Qualification:MBA (IT/ Operations) preferred
    b) Work Experience
    ï‚
  •  Minimum 2+ years of experience in COE or PMO role with basic understanding of lending process
    ï‚
  •  Ability to straddle across both functional and technical side, flexibility and humility
    ï‚
  •  Logical reasoning
    ï‚
  •  Acumen to understand fraud trends and setup detective/preventive controls
    ï‚
  •  Hands on experience of Salesforce platform is preferable    

    • Employment Type: Full Time, Permanent

    Read full job description

    Bajaj Finance Interview Questions & Tips

    Prepare for Bajaj Finance roles with real interview advice

    Top Bajaj Finance Risk Containment Unit Interview Questions

    Q1. How to collect default customer. How to trace customer shifted given address
    asked in Assistant Manager interview
    View answers (15)
    Q2. Could you plz give a demo of how to sell mobile phn at dealers point.
    asked in Sales Manager interview
    View answers (10)
    Q3. If customer is in NPA category then what percentage waiver we will give him in settlement
    asked in Manager interview
    View answers (7)
    View all 96 questions

    What people at Bajaj Finance are saying

    Risk Containment Unit salary at Bajaj Finance

    reported by 2 employees with 1-2 years exp.
    ₹2.7 L/yr - ₹3.5 L/yr
    At par with the average Risk Containment Unit Salary in India
    View more details

    What Bajaj Finance employees are saying about work life

    based on 6.7k employees
    53%
    72%
    52%
    97%
    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
    View more insights

    Bajaj Finance Benefits

    Job Training
    Health Insurance
    Soft Skill Training
    Work From Home
    Free Transport
    Team Outings +6 more
    View more benefits

    Compare Bajaj Finance with

    HDFC Bank

    3.9
    Compare

    ICICI Bank

    4.0
    Compare

    Axis Bank

    3.8
    Compare

    Kotak Mahindra Bank

    3.8
    Compare

    State Bank of India

    3.8
    Compare

    Tata Capital

    4.1
    Compare

    Mahindra Finance

    4.1
    Compare

    L&T Finance

    3.9
    Compare

    HDB Financial Services

    3.9
    Compare

    Shriram Finance

    4.1
    Compare

    Muthoot Fincorp

    4.5
    Compare

    IIFL Finance

    4.0
    Compare

    Muthoot Finance

    3.6
    Compare

    Home Credit Finance

    4.1
    Compare

    SMFG India Credit

    4.0
    Compare

    Manappuram Finance

    3.9
    Compare

    Piramal Capital Housing Finance

    4.2
    Compare

    TVS Credit

    4.3
    Compare

    Mahindra Rural Housing Finance

    4.0
    Compare

    Bharat Financial Inclusion

    3.9
    Compare

    Similar Jobs for you

    Salesforce Developer at UCIIndia

    Vadodara

    2-6 Yrs

    ₹ 5-9 LPA

    Developer at Fusion Plus Solutions Inc

    Hyderabad / Secunderabad

    2-6 Yrs

    ₹ 6-9 LPA

    Sales Engineer at Ather Energy Pvt Ltd

    Bangalore / Bengaluru

    2-4 Yrs

    ₹ 6-10 LPA

    Salesforce Developer at Infobahn Softworld Inc.

    Remote

    2-6 Yrs

    ₹ 4-8 LPA

    Salesforce Developer at TechForce Services

    Kolkata, Mumbai + 5

    1-3 Yrs

    ₹ 4-6 LPA

    Application Designer at Accenture Solutions Pvt Ltd

    Hyderabad / Secunderabad

    3-5 Yrs

    ₹ 5-9 LPA

    Product Developer at Fusion Plus Solutions Inc

    Hyderabad / Secunderabad

    2-6 Yrs

    ₹ 6-10 LPA

    Risk Containment Unit at BAJAJ FINANCIAL SECURITIES LIMITED

    Kannur

    2-3 Yrs

    ₹ 4-5 LPA

    Risk Containment Unit at BAJAJ FINANCIAL SECURITIES LIMITED

    Gonda

    1-2 Yrs

    ₹ 3-4 LPA

    Risk Containment Unit at Bajaj Finserv Ltd.

    Pune

    2-3 Yrs

    ₹ 5-6 LPA

    Unit Manager - Risk Containment Unit/Sen...

    2-3 Yrs

    Pune

    3d ago·via naukri.com

    Center Manager

    ₹ 2 - 2.5L/yr

    Yellandu, Chityal, Manthani

    19hr ago·via naukri.com

    Cluster Manager - IT / Senior Cluster Manager

    9-12 Yrs

    Bangalore / Bengaluru, Nr trident tech park

    21hr ago·via naukri.com

    Lead - IT

    9-12 Yrs

    Pune

    21hr ago·via naukri.com

    Deputy Area Manager - Rural Consumer Durables

    4-6 Yrs

    Jamkhed

    2d ago·via naukri.com

    Unit Manager - Cars, Two-Wheeler & Busin...

    4-6 Yrs

    Pune

    2d ago·via naukri.com

    Executive - Debt Management Services - C...

    1-3 Yrs

    Thrissur

    2d ago·via naukri.com

    Senior Relationship Executive - GL North...

    1-3 Yrs

    Vinchhiya - ambali chock

    2d ago·via naukri.com

    Assistant Manager - Debt Management Serv...

    0-2 Yrs

    Diamond harbour wb

    2d ago·via naukri.com

    Senior Executive - Debt Management Servi...

    1-2 Yrs

    Ghat

    2d ago·via naukri.com
    More about working at Bajaj Finance

    Jobs from Similar Companies

    Bajaj Finance Jobs by Locations

    Bajaj Finance Jobs by Designations

    write
    Share an Interview