Axis Bank - Risk Analyst - AML & Fraud Modelling

Axis Bank - Risk Analyst - AML & Fraud Modelling

- Conceptualize and review the Suspicious transaction reporting (STR) rules across various products

- Make the most effective use of available data and techniques to address challenges in STR alert generation and optimizing the hit rate for the rules

- Partner closely with AML/IT teams to drive the initiatives forward

- Build effective representations to communicate complex analysis to wide array of audience

- Ensure documentation of analytical deliverables and lead process enhancement initiatives

- Create comprehensive STR review framework

- Timely review of STR rules

- Identify interlinkages and come up with effective solutions to improve STR rates

- Create innovative variables that can predict fraud risk

- Excellent quantitative and analytic skills and data driven mindset to formulate sound analytical construct to test different hypothesis

- Knowledge and interpretation experience of regulatory and governance requirements specifically under AML rules

- Should have strong analytical & problem solving skill

- Should have strong working knowledge of SAS, R, SQL and data mining tools

- Hands on experience in Advanced & Predictive analytics, simulations and related statistical procedures

- Should have good communication, presentation and inter-personal skills

- Should have high level of motivation and be a fast learner

- Understand AML / fraud risk, worked on fraud / risk modeling in banking and financial services sector