BharatPe - Senior Manager - Financial Risk Management

In this role, you have the opportunity to : Develop and execute a comprehensive fraud and risk management strategy that aligns with the organization's objectives, risk appetite, and industry best practices

Responsibilities will include:

Functional Expertise :

- Identify and assess potential risks across all areas of the business, including financial, operational, and reputational risks. Conduct regular risk assessments to stay abreast of merging threats

- Implement fraud prevention measures and controls, utilizing advanced analytics, technology, and industry-leading tools to detect and mitigate fraudulent activities.

Problem Solving :

- Develop and maintain fraud prevention policies, procedures, and guidelines to promote adherence to best practices and regulatory requirements.

- Oversee and conduct fraud investigations when suspected fraudulent activities arise. - Ensure that all incidents are appropriately documented, reported, and resolved.

Interaction :

- Build and lead a high-performing team of fraud and risk management professionals. Provide clear direction, support, and mentoring to ensure the team's success.

- Collaborate with various departments, including finance, compliance, legal, and IT, to establish a coordinated approach to risk management and fraud prevention.

To succeed in the role :

Impact :

- Provide regular and ad-hoc reports to executive management and the Board of Directors on fraud and risk management activities, key performance indicators, and risk exposures.

Challenges & Decisions :

- Develop training programs and awareness campaigns for employees to enhance their understanding of fraud risks and promote a strong risk management culture throughout the organization.

Qualification & Experience (type & industry):

- Bachelor's degree in a relevant field such as Finance, Business Administration, Risk -Management, or a related discipline. A master's degree or relevant professional certifications (e.g., CFE, CFA, CRISC) is often preferred.

- Solid understanding of relevant laws, regulations, and compliance requirements related to fraud and risk management.

- Comprehensive knowledge of fraud detection techniques, data analysis, and risk assessment methodologies.

Experience: 8-10 yrs

- Proven experience in fraud prevention and risk management, with a track record of successfully leading a team in a similar role within a medium to large-sized organization.

- Strong understanding of financial products, services, and industry-specific risks.