Job Title : Business Analyst - Payments Fraud and Risk Management
Location: PwC SPO, Mumbai
Experience : 3 to 5 Years
Job Summary :
We are seeking an experienced Business Analyst with a strong background in Payments Fraud and Risk Management (FRM). The ideal candidate will play a key role in analyzing and configuring the FRM system, ensuring compliance with regulatory requirements, and contributing to the seamless integration of payments solutions. The candidate should possess a deep understanding of fraud prevention strategies, risk assessment, and payments processing
Responsibilities :
1. FRM System Analysis:
- Conduct in-depth analysis of the Payments Fraud and Risk Management system to understand its functionalities, capabilities, and limitations.
- Collaborate with cross-functional teams to gather and document system requirements.
2. Rule Configuration:
- Configure fraud prevention and risk management rules within the FRM system based on business and regulatory requirements.
- Optimize rule configurations for maximum effectiveness in detecting and preventing fraudulent activities.
3. Regulatory Compliance:
- Stay abreast of regulatory requirements related to payments fraud and risk management.
- Ensure that the FRM system and associated processes comply with all applicable regulations.
4. Payments Integration:
- Collaborate with the payments integration team to ensure smooth integration of FRM solutions with various payment platforms.
- Provide insights and recommendations for enhancing the security and risk management aspects of payment processes.
Data Analysis:
- Analyze transactional and historical data to identify patterns, trends, and potential risks.
- Generate reports and insights to aid in decision-making and strategy development.
6. Collaboration and Communication:
- Work closely with stakeholders, including product managers, developers, and compliance teams, to ensure alignment on FRM strategies.
- Communicate effectively with technical and non-technical audiences, translating business needs into actionable requirements.
7. Testing and Validation:
- Collaborate with quality assurance teams to define test cases and validate the effectiveness of FRM rules.
- Participate in testing and validation activities to ensure the reliability and accuracy of fraud prevention measures.
Qualifications :
- Bachelor's / master's degree in business, Finance, Computer Science, or a related field.
- Proven experience of 3 to 5 years as a Business Analyst in Payments Fraud and Risk Management.
- Consulting experience will be an added advantage.
- Deep knowledge of industry-leading FRM systems and tools.
- Familiarity with configuring and optimizing fraud prevention rules.
- Understanding of regulatory requirements in the payments industry.
- Experience in payments integration and knowledge of relevant protocols.
- Strong analytical and problem-solving skills with a keen attention to detail.
- Excellent communication and collaboration skills.
Good-to-Have Technical Skills:
- Business Intelligence (BI):
- Experience with BI tools such as Tableau, Power BI, or similar.
- Ability to create visually compelling and insightful reports and dashboards.
SQL:
- Proficiency in writing SQL queries for data extraction and analysis.
- Understanding of database structures and data modeling.
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