Fraud Risk Strategy

Fraud Risk Position

Role Details: The role is expected to use analytical tools to identify risk from fraudulent activity. It involves managing fraud risk framework across customer lifecycle – acquisition, portfolio management and collections, across retail lending products.

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 datamarts 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

If you are interested, kindly share your profile at and along with below details:

Total exp in Fraud Risk Strategy:

Current CTC:

Expected CTC:

NP

Regards,

Shrestha