AVP/Lead - Fraud Risk Management - BFS

Role & Responsibility:

- Working experience of >10 years and fraud risk domain is preferred.

- Dedicatedly working towards automation of fraud identification and closure processes.

- Good in doing investigations and taking deterrence and prevention measures.

- Managing central FRM shop which includes Capability building, Data Analytics, Hind-sighting Unit, Field support, etc.

- Good knowledge of fraud risk domain. Working with product process owners for mitigation of fraud.

- Identifying best market practices and implementing the same in PFL environment.

- Propose system modifications, ensure adherence and develop data level monitoring reports.

- Proposing system changes by writing BRD, testing the controls and ensuring smooth implementation to the production stage.

- Preparing fraud prevention monitoring, triggers, reports for identification of red flags.

- Having good knowledge by fraud analytic tools.

- Ensuring TAT, Friction, and fraud loss are within control.

- Engaging with channel partners for custom solutions to prevent fraud.

- Working with product process owners to identify the process improvement opportunities.

- Managing the entire fraud capability building.

- Increasing the efficiency of fraud risk field team by data availability.

- Experience of system integration and or product/process management.

- Regularly check data accuracy, completeness and usage.

- Enabling business/risk/underwriting team to take decision or make changes basis data analysis, trends and predictions.

- Handling RCU data unit and get fulfilled all the data requirements from various stakeholders.

- Introduce new data tools or new reports which would strengthen the fraud prevention process.

- Strong mathematical skills to help collect, measure, organize and analyze data.