Fraud Model Implementation Role - Actimize - BFSI

Working with strategy development team to test, validate and execute various strategy changes and model deployments. developing fraud mitigation strategy and models.

Primary responsibilities include:

- Strong know how of system & user functionalities of various fraud orchestration engines such as SAS Raptor, Actimize EFD, Defense Edge and likes.

- Ensure seamless implementation of fraud rule & various Traditional and Machine Learning models adds, deletes, and edits ensuring all procedures and audit requirements are followed. Associate will be required to understand the logic (often in SQL) being adjusted and why the change is being made. Ensuring 100% execution accuracy.

- Assist with developing and supporting fraud rule performance management tracking. Objectives will include establishing consistent standards for key fraud metrics such as hit rate, false positive rate, ROI and run regular reports to gather the same.

- Collaborate with fraud strategy development teammates to provide feedback on rule performance and trends.

- Ensure rules are developed in a fashion that maximizes the capabilities of our decisioning platforms. Will thus require developing a deep understanding of the platforms, their features and limitations.

- Analysis of customer data and transactional data to identify emerging fraud trends, develop, and improve fraud strategies

- Periodic development of MIS reports, dashboards and to communicateion of results on pre and post fraud strategy changes. fraud results internally and to the business using advanced visualization techniques.

- Perform gap analysis to identify system weaknesses and work with various system partners to actively close such gaps mitigating measures.

- Lead and recommend process/logic change to drive efficiency and enhance customer experience.

- Provide actionable insights to senior global stakeholders by leveraging data analytics.

- Focus on development of tactical and strategic solutions with high visibility for key stakeholders.

- Partner with Work with various stakeholders during strategy development and execution and conversion efforts to identify and fulfill data/analytical testing and validation requirements needs

Job Skills/Qualifications:

- Bachelor's degree, preferably in a quantitative discipline in Statistics, Economics, Finance, Mathematics or a related quantitative field

- Engineering /MBA background from a premier institute

- Minimum 1-3 years- experience in statistical analysis with working knowledge of at least one of the following statistical software packages: SAS (Must), Tableau, R or Python SAS/SQL is required.

- Model development execution and governance experience in any domain will be preferable.

- Successful candidate will have a demonstrable analytic, problem solving, and has the ability to deliver projects in a fast-paced environment

- Strong verbal and written communication skills; experience with stakeholder management

- Should also have a basic knowledge of reporting and visualization tools such as Tableau

- Strategy Execution or Control background preferred

- Experience in fraud strategy/processes and/or fraud analytics is a plus