Head - Fraud Analytics

Location: Bangalore but for the initial 9-12 months, you will be working from UAE on a project (Stay in UAE can be further extended)

Designation: Head of Fraud Analytics

Responsibilities:

- Setup fraud analytics practice in the company and leading Bank in GCC

- Setup fraud analytics team from scratch by identifying and hiring individuals with requisite skill sets

- Train and guide team of consultants

- Develop acquisition fraud models and fraud policies

- Identify and onboard right vendors for fraud detection

- Work with different stakeholders in improving fraud identification efficiency

- Collaborate with the Fraud Investigations, Strategy, Technology and Preventions verticles in Bank to understand the specific objectives/problem statements and analytics related challenges/requirements faced by the Fraud department.

- Manage POC's and projects related to fraud data and fraud analytics

- Manage all activities related to the design, fine tuning and operation of fraud detection models and frauddetection rules.

- Conduct routine analysis of fraud related data to identify as yet unidentified patterns, anomalies, and trends associated with fraudulent activities

- Assist system owner and fraud system team in conducting validations and performance estimations of proposed new or amended fraud prevention rules to determine their effectiveness

- Continuously monitor the performance of deployed fraud detection models

- Collaborate with data scientists and analysts to develop and refine rule-based and machine learning-based models for identifying suspicious transactions

- Participate in squads piloting implementation of new AI/ML based technologies in fraud risk management

- Participate in review of new product and processes of the bank to identify fraud risk vulnerability of the underlying technical system or operations and provide remedial recommendations to fraud prevention team