Risk Control Director

Bajaj Finance Limited


Not disclosed

Work from Office

Full Time

Min. 2 Years

Job Details

Job Description

Assistant Manager - Risk Containment Unit

Job Purpose
“This position is open with Bajaj Finance ltd.”
Duties and Responsibilities
• Minimizing fraud losses to ensure robust portfolio health by owning central RCU shop end to end.
• VDR should be 100%.
• Owner of the field fraud management processes, through a central lead team, in co-ordination with field team. This includes closure of cases within defined TAT and with quality of field investigation reports
• Review and tracking of location visits by location RCU Managers.
• Support Field team with relevant triggers received from central monitoring, for them to investigate. Track investigation cases for closure.
• To cause continuous improvement in RCU processes by working with centralized back end team to increase fraud catch rate.
• Ensure proper handholding on all Automation process & RCU projects. Continuously improvement on TAT.
• Ensure error free dashboards are circulated within defined period
• Propose changes & suggestions in credit policy-location wise (whenever required)
• Drive all internal process in a manner that the reporting of suspected frauds is timely and fraud is caught before disbursal of loan to minimize fraud loss.
• Proactively identifying fraud trends and taking effective corrective measures.
• Evaluate the current frauds process continuously and changes to be more effective.
• Effectively engaging with Operations, collections and Sales team to understand and contribute to overall processes and reduction in Fraud loss across all Location.
• Ensuring highest levels of employee relationship, motivation & engagement to drive results & high levels of employee satisfaction.
Required Qualifications and Experience
1-2 Years of experience.

Job role


Risk Management & Compliance

Role / Category

Risk Management - Operations / Strategy

Employment type

Full Time


Day Shift

Job requirements


Min. 2 years

About company


Bajaj Finance Limited

Job posted by Bajaj Finance Limited

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