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Bajaj Finance

Compare

4.0

based on 6.7k Reviews

Video summary

6751 Bajaj Finance Jobs

Area Manager - Risk Containment Unit/Sen...

BAJAJ FINANCIAL SECURITIES LIMITED

4.0

based on 6.7k Reviews

5-6 years

Pune

Area Manager - Risk Containment Unit/Sen...

Bajaj Finance

posted 6d ago

Job Role Insights

Flexible timing

Key skills for the job

Power BI SQL Auditing Banking Operations Fraud Analysis Internal Audit

+ 14 more

Job Description

Job Purpose
â"This position is open with Bajaj Finance ltd.â"

To handle end to end Credit Card Fraud Monitoring Process

Duties and Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)

Responsible to control sourcing/Offer level fraud.

Do sourcing monitoring for unusual activity.

Handle fraud escalation from Banks / RBI / Call Centre

Coordination with business / Risk / Partners

HO Led Monitoring / Field Coordination

To make strategy to control fraud

Channel Training and transaction Monitoring

Collection engagement to find fraud proactively

Writing Fraud control process and policy

Investigation & Root Cause Analysis of fraud/dispute cases

Prepare complete fraud monitoring framework

4. MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)

Handle end to end all processes and to start from ground zero.

Coordination within RCU Field team (Rural + Urban) to ensure the field investigation is done in defined time.

5. DECISIONS
(Key decisions taken by job holder at his/her end)
ï‚

Make strategy for field and HO team to ensure all frauds prevented.
ï‚

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
ï‚

Risk Team:To understand and align on policy changes and ascertain impact
ï‚

Customer Service, Product and Sales Teams:To understand market challenges and recent fraud trend or complaints related to fraud.
ï‚

Business:To align on the RCU controls that directly impacts the business processes, including Cost, TAT or Customer 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 / Providing 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)
ï‚

NA

Other Dimensions (FY 19)
(Significant volume dimensions associated with the job)
ï‚

Total Team Size:0
ï‚

Number of Direct Reports:0
ï‚

Number of Indirect Reports:0
ï‚

Number of Outsourced employees:0

Required Qualifications and Experience
Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)

Educational Qualifications
a) Qualifications
ï‚

Minimum Qualification:Graduation (BE/ BTech/ MCA, MBA (IT/ Operations) preferred)
b) Work Experience
ï‚

Should at least have 4-5 years of experience in similar industry.
ï‚

Must have Good Excel knowledge. Having SQL & Power BI knowledge would be preferred.
ï‚

Ability to work with diverse team including stakeholder like Business, Debt Management service, IT team, operations to deliver the desired results.

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

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