Fraud Risk Analytics Role - Research/KPO

Responsibilities :

- Design, analyze, monitor fraud risk strategies for different loan products such as personal loans, auto loans, etc.

- Perform quantitative and qualitative analysis to identify fraud risk

- Develop, maintain and improve risk policies, processes and procedures within the assigned function

- Critically assess fraud trends to uncover gaps in fraud tools and develop new ways of combatting the fraud

- Collaborate across other risk functions (example - technology, product, etc.) to implement the analytical decisions

- Understand existing fraud rules, strategies and replicate them in business rules using SAS/SQL

- Development and ownership of fraud metrics, fraud loss, etc.

- Conducting portfolio deep dives for leakages from fraud claims

Requirements :

- Knowledge of and certifications in programming, SAS/SQL/Python

- Knowledge of best practices in coding, data manipulation and creating re-usable artifacts

- Knowledge of Banking / Financial Services Industry with preference in lending space (Personal Loans, Credit Cards, Auto loans etc.)

- Ability to create recommendations and insights from data for developing fraud strategy

- Experience with utilizing credit risk data marts using internal and third party data (Experian, FICO, etc.)

- Ability to design the right KPIs for measuring strategy success

- Understanding of various elements of risk strategy, such as eligibility, verification, fraud and decline criteria

- Ability to communicate and present the results to business stakeholders