Risk And Fraud Manager

Job Description

Introduction/ About Us

EnKash one of the fastest growing financial technology firms in the B2B space focuses on

enabling businesses to digitize and simplify their commercial payments through its

stateoftheart technology platforms. Its comprehensive allinone commercial payments

platform has led to businesses having a hassle free and frictionless payments experience and

thereby focus on their core business.

EnKash with its unique business solutions young team and a vibrant work environment has

been making formidable marks in this segment. With several banking partners and more than

60000 businesses onboarded on our platform in a short span we are poised to grow rapidly

from here on.

EnKash has also been covered by reputed national and international media and received

many accolades and recognition that include:

Best B2B payment solution provider in 8th Payments and Cards Award Summit

Amongst the top Startups to watch for by Inc 42 media

Know us more through the below sources:

Website:

LinkedIn Page:

Department: Risk

Designation: Senior Manager / Manager Risk

Location: Mumbai

Experience: 8 Years

Job Responsibilities:

1.

Risk Assessment:

Evaluate the risks associated with various nancial transactions including payment

processing investment activities and other monetary exchanges.

Conduct risk assessments on new and existing nancial products and services.

2.

Fraud Detection and Prevention:

Implement and manage systems and processes to detect and prevent

fraudulent transactions.

Analyze transaction data to identify patterns indicative of potential

fraud.

Develop and implement strategies to minimize the impact of fraudulent

activities.

3.

Compliance:

Stay abreast of financial regulations and compliance requirements.

Ensure that financial transactions adhere to relevant regulatory standards.

Collaborate with legal and compliance teams to address regulatory issues.

4.

Transaction Monitoring:

Monitor realtime transactions to identify irregularities or suspicious activities.

Utilize monitoring tools and technologies to track transactional behavior.

Establish thresholds and triggers for automated alerts on unusual transactions.

5.

Data Analysis:

Utilize data analytics tools to analyze transactional data and trends.

Generate reports and insights to communicate risk assessments to relevant

stakeholders.

Collaborate with data scientists to refine risk models and algorithms.

6.

Policy Development:

Develop and implement transaction risk management policies and procedures.

Update policies in response to changing market conditions and regulatory

requirements.

Educate internal teams on adherence to transaction risk management protocols.

7.

Relationship Management:

Work closely with financial institutions payment processors and other external

partners.

Collaborate with internal teams including finance compliance and IT to address

transactionrelated issues.

8.

Incident Response:

Develop and implement incident response plans for potential transactionrelated

issues.

Coordinate with relevant stakeholders in the event of a financial transaction incident.

Conduct postincident analysis to improve future response strategies.

Skills and Qualifications:

1. Analytical Skills:

Strong analytical abilities to interpret and analyze complex transactional data.

Proficiency in data analysis tools and statistical methods.

2. Communication Skills:

Effective communication skills to convey risk assessments and insights to various

stakeholders.

Collaborative communication for working with internal and external partners.

3. Technical Knowledge:

Understanding of financial systems payment processing and transactional

technologies.

Familiarity with fraud detection tools encryption and security measures.

4. Compliance Knowledge:

Indepth knowledge of financial regulations and compliance standards.

Ability to interpret and apply regulatory requirements to transactional activities.

5. ProblemSolving:

Proactive problemsolving skills to identify and address transactionrelated risks.

Ability to develop innovative solutions to enhance transaction security.

6. Adaptability:

Stay updated on the latest developments in transaction technologies and fraud

tactics.

Adaptability to changing regulatory landscapes and market conditions.

7. Education:

A bachelors degree in finance risk management business or a related field is

often required. Advanced degrees or certifications in risk management or finance

are beneficial.: