Razorpay

Associate Manager - Risk Management

Posted On

Aug. 7, 2025

Location

Bangalore, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Aug. 23, 2025

Job Description

<div class="content-intro"><p><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Razorpay was founded by<a href="https://www.linkedin.com/in/kumarshashank/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/kumarshashank/&source=gmail&ust=1660290870959000&usg=AOvVaw1H2eeqfjnUDt3iT_Cg-jfh"> Shashank Kumar</a> and<a href="https://www.linkedin.com/in/harshilmathur/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/harshilmathur/&source=gmail&ust=1660290870959000&usg=AOvVaw3k1sK1wrIz5HKLsZA8-mTC"> Harshil Mathur</a> in 2014. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India with the mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. What started as a B2B payments company is processing billions of dollars of payments for lakhs of businesses across India. </span></p> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">We are a full-stack financial services organisation, committed to helping Indian businesses with comprehensive and innovative payment and business banking solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Over the past year, we've disbursed loans worth millions of dollars in loans to thousands of businesses. In parallel, Razorpay is reimagining how businesses manage money by simplifying business banking (via<a href="https://razorpay.com/x/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://razorpay.com/x/&source=gmail&ust=1660290870959000&usg=AOvVaw0ab_bX0WbaTqedmVsyWBbZ"> Razorpay X</a>) and enabling capital availability for businesses (via<a href="https://razorpay.com/capital/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://razorpay.com/capital/&source=gmail&ust=1660290870959000&usg=AOvVaw2ymFZuuzdG2i4lPyqQYP5I"> Razorpay Capital</a>). </span></div></div><h3><strong>Job Summary:</strong></h3> <p>We are looking for a seasoned <strong>Fraud Investigation Person</strong> to lead complex investigations involving financial fraud, digital payment scams, and cyber incidents. The ideal candidate will be responsible for end-to-end case handling, fraud analysis, stakeholder coordination, merchant co-ordinations and regulatory reporting — working closely with <strong>NPCI (National Payments Corporation of India)</strong>, <strong>MHA (Ministry of Home Affairs)</strong>, and <strong>Cyber Cell authorities</strong> & <strong>with our Vigilance team</strong> to ensure effective resolution of fraud cases and to proactively mitigate future risks.</p> <h3><strong>Key Responsibilities:</strong></h3> <ul> <li>Lead in-depth investigations of fraud incidents related to digital payments, UPI, wallets, and other transaction platforms.</li> <li>Liaise with external regulatory and law enforcement bodies including <strong>NPCI, MHA, CERT-IN, Cyber Cell, and local police authorities</strong> to coordinate investigations and ensure compliance.</li> <li>Prepare detailed fraud case reports and data for regulatory escalations and internal audit reviews.</li> <li>Collaborate with Legal, Compliance, Vigilance and Tech teams to ensure proper documentation, evidence collection, and legal actions as needed.</li> <li>Monitor fraud trends and recommend preventive controls, system alerts, and process improvements.</li> <li>Support real-time fraud surveillance teams with escalation procedures and quick containment measures.</li> <li>Conduct root-cause analysis post-incident with merchants and drive implementation of corrective actions.</li> <li>Represent the organization in external committees or meetings convened by NPCI, MHA, or government bodies on fraud matters.</li> <li>Making sure no penalties are enforced on us due to any NPCI circulars.</li> </ul> <h3><strong>Desired Skills & Qualifications:</strong></h3> <ul> <li>Bachelor's or Master’s degree in Finance, Law, Cybersecurity, or related field.</li> <li>5+ years of relevant experience in <strong>fraud risk management, cybercrime investigation, or regulatory compliance</strong>.</li> <li>Strong understanding of UPI/digital payment ecosystems and associated fraud typologies.</li> <li>Hands-on experience with case handling, evidence gathering, and forensic investigation techniques.</li> <li>Excellent communication and coordination skills to work with cross-functional teams and government bodies.</li> <li>Prior experience interfacing with <strong>NPCI, MHA, or law enforcement</strong> is highly preferred.</li> <li>Certifications such as <strong>CFE (Certified Fraud Examiner)</strong> or <strong>CEH (Certified Ethical Hacker)</strong> are an added advantage.</li> </ul><div class="content-conclusion"><div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"><span id="m_2989597180337834284gmail-m_4972969247898306296gmail-docs-internal-guid-3a65a3c2-7fff-88ff-9e94-8ab11a050d04">Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe. </span><br></span></div> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"> </span></div> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"><span id="m_2989597180337834284gmail-m_4972969247898306296gmail-docs-internal-guid-3d0a9248-7fff-a2fd-6fa3-5026f85768d7">Follow us on <a href="https://www.linkedin.com/company/razorpay/mycompany/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/company/razorpay/mycompany/&source=gmail&ust=1660290870959000&usg=AOvVaw0f6sCrv8Ce3IHBvN2Sev8Z">LinkedIn</a> & <a href="https://twitter.com/Razorpay" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://twitter.com/Razorpay&source=gmail&ust=1660290870959000&usg=AOvVaw0ViuP9uutFg1qFCm2nHeh1">Twitter</a></span></span></div></div>

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