Enkash - Senior Manager/Manager - Risk

Senior Manager / Manager - Risk

Company Overview:

Join EnKash, a forward-thinking fintech company on the cusp of rapid expansion in the payments space, empowered by our recent acquisition of the payment aggregator license. We're seeking talented individuals to drive the adoption of our cutting-edge solutions. This is your chance to be part of a team reshaping the future of Risk and fraudulent strategies.

Discover EnKash: The Ultimate Platform For Businesses

Key Highlights:

- 10,000+ Corporate Clients & 100,000+ Vendors: Trust is widespread, as businesses of all sizes rely on us.

- Diverse Clientele: Industries spanning tech, finance, healthcare, retail, and more.

- All-Scale Clients: From start-ups to giants, we open doors to a vast client landscape.

- High Client Retention: Satisfied customers stay with us, offering a loyal customer base.

- Massive Transaction Volume: Processing INR 2200CR+ monthly, our platform creates vast opportunities.

- Award-Winning Excellence: Our accolades boost our credibility and market reputation.

- Top-Tier Security: Strict adherence to security and compliance standards ensures data protection.

- Innovation & Roadmap: We stay at the forefront of tech with our continuous product updates.

Position Overview:

1. Risk Assessment:

- Evaluate the risks associated with various financial transactions, including payment processing, investment activities, and other monetary exchanges.

- Conduct risk assessments on new and existing financial products and services.

2. Fraud Detection and Prevention:

- Implement and manage systems and processes to detect and prevent fraudulent transactions.

- Analyse 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 real-time transactions to identify irregularities or suspicious activities.

- Utilize monitoring tools and technologies to track transactional behaviour.

- Establish thresholds and triggers for automated alerts on unusual transactions.

5. Data Analysis:

- Utilize data analytics tools to analyse 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 transaction-related issues.

8. Incident Response:

- Develop and implement incident response plans for potential transaction-related issues.

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

- Conduct post-incident analysis to improve future response strategies.

Qualification: You should excel in this role, if you meet the below criteria:

1. Analytical Skills:

- Strong analytical abilities to interpret and analyse 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:

- In-depth knowledge of financial regulations and compliance standards.

- Ability to interpret and apply regulatory requirements to transactional activities.

5. Problem-Solving:

- Proactive problem-solving skills to identify and address transaction-related 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 bachelor's degree in finance, risk management, business, or a related field is often required. Advanced degrees or certifications in risk management or finance are beneficial.:

Compensation: The job title, designation, and compensation will be commensurate with the candidate's past roles and achievements in the industry.

Why Join Us? Here's what's in store for you:

- Opportunity to join a fast-growing fintech company at an exciting growth stage.

- Competitive compensation package with performance-based incentives.

- Dynamic and collaborative work culture that values innovation and diversity.

- Comprehensive benefits package including health insurance, retirement plans, and wellness programs.

- Continuous learning and development opportunities to enhance your skills and career growth.

- Make a meaningful impact by shaping the future of digital payments and revolutionizing how businesses transact.

Join us in shaping the future of payments! Apply now to be part of our dynamic team.