Fraud Risk & Control - Assistant Manager/ Manager

Job Description

About Us: Airtel Payments Bank, India's first payments bank is a completely digital and paperless bank. The bank aims to take basic banking services to the doorstep of every Indian by leveraging Airtel's vast retail network in a quick and efficient manner. At Airtel Payments Bank, were transforming the way banking operates in the country. Our core business is banking and weve set out to serve each unbanked and underserved Indian. Our products and technology aim to take basic banking services to the doorstep of every Indian. We are a fun-loving, energetic and fast growing company that breathes innovation. We encourage our people to push boundaries and evolve from skilled professionals of today to risk-taking entrepreneurs of tomorrow. We hire people from every realm and offer them opportunities that encourage individual and professional growth. We are always looking for people who are thinkers & doers; people with passion, curiosity & conviction; people who are eager to break away from conventional roles and do 'jobs never done before'. Purpose of the Job: Oversee fraud risk management to prevent, detect, and resolve fraud across the bank's products and services. Design and implement fraud control strategies using automated and manual methods. Ensure regulatory compliance with laws like PMLA, RBI guidelines, and data protection regulations. Monitor and improve fraud detection rules and workflows to address evolving fraud risks. Analyze fraud trends and use behavioral analytics to identify and prevent fraudulent activities. Collaborate with internal teams and external vendors to align fraud management strategies with business goals. Report on fraud incidents and the effectiveness of fraud controls to senior management and to the regulator in timeline. Manage high-risk fraud cases and coordinate crisis response strategies. Ensure timely submission of regulatory reports and support audits related to fraud management. Presentation of fraud risk MIS to management. Why Join Us? Airtel Payments Bank is transforming from a digital-first bank to one of the largest Fintech company. There could not be a better time to join us and be a part of this incredible journey than now. We at Airtel payments bank dont believe in all work and no play philosophy. For us, innovation is a way of life and we are a happy bunch of people who have built together an ecosystem that drives financial inclusion in the country by serving 300 million financially unbanked, underbanked, and underserved population of India. Some defining characteristics of life at Airtel Payments Bank are Responsibility, Agility, Collaboration and Entrepreneurial development : these also reflect in our core values that we fondly call RACE.