Fraud Analyst - BFSI - IIT/IIM

Fraud Analyst

Job Description :

What you- ll be doing: Some of the responsibilities include:

- Developing and implementing effective Fraud detection and prevention strategies to mitigate fraud losses

- Proactively identify fraud detection issues at the strategy and portfolio level and provide analytical/modeling solutions

- Leverage customer data and transactional unstructured data to build risk segmentation and mitigation strategies

- Complete complex analyses identifying authentication strategy and procedure gaps, manage implementation process across all credit life cycles to affect change

- Building fraud models to mitigate fraud, development and implementation of fraud strategies on the portfolio

- Identify portfolio monitoring gaps and build necessary reporting to track the effectiveness of fraud strategy and decision tools

- Work in tight collaboration with credit operations and customer service to ensure business effectiveness of Risk & Fraud strategy

- Work with Technology team to drive availability of relevant data, tools, and infrastructure continue to enhance our fraud detection platform and capability

Experience & Requirements :

- Bachelors/ Master degree in Statistics, Economics, Finance, Mathematics, or a related quantitative field from a premier institute (IIT, IIM etc or equivalent)

- Minimum 3+ years of data mining experience preferably in a risk management context

- Experience in fraud is preferred

- Knowledge of US consumer lending and credit risk management practices - credit card, personal loans, mortgage lending experience

- Expertise in statistical tools such as SAS, R and/or SPSS or related

- Experience in data manipulation languages such as SQL, Python preferred

- Excellent written and verbal communication skills

What we are looking for in you: (Examples below)

- Must be comfortable with a rapidly-changing workspace based on fraud threats

- The successful candidate will have a demonstrable analytic, problem-solving, and leadership skills

- A perfectionist who tempers it with deadlines

- Experience and desire for working in a fast-paced, ever-changing environment

- Must have excellent communication and influencing skills, and be able to work across multiple groups with ease

- A positive - can do- attitude

- A constant drive to improve the experience of our users and our internal processes: "How can I make things better- "

Ashish Kadam
Konnect HR