Senior Consultant/Engagement Manager - Fraud Risk Model/Development/Validation

Fraud Risk Model (Development or Validation) - Senior Consultant and Engagement Manager (Chennai)

Location: Chennai

Experience: Senior Consultant (L2) - 5 to 8 years

Engagement Manager (M1) - 7 to 10 years

Notice Period - Immediate to 30 days

Job Responsibilities:

1) Ability to design, execute and interpret statistical analyses to drive insights and strategy related different types of fraud

2) Conducting Independent analysis regarding different types of fraud including but not limiting to first party fraud.

3) Develop and maintain relevant Machine learning models /classical models to mitigate fraud risk

4) Develop strategy to mitigate fraud risk using model output for various product like credit card/debit card, application fraud , ACH etc

5) Work with Product Risk managers and other stakeholders to support new strategy and product development and monitoring

6) Write summary documentation of analyses performed for both technical and non-technical audiences within the firm

7) Present results to peers and higher levels of management

8) Share advanced machine learning and execution knowledge with team members as new techniques are discovered to solve analytical problems

Required Qualifications, Capabilities, And Skills:

- Experience - must meet one of the following requirements:

- Bachelor's/ Master's Degree in a quantitative discipline with relevant work experience in analytics

- Bachelor's Degree in a quantitative disciple ( Working knowledge and development experience with SQL, SAS and related tools such as Alteryx and Tableau

- Strong analytical skills with the ability to extract business insights from complex data structures

- Experience coding in a flexible analytics language preferred (e.g. Python, R)

- Proven ability to work with large-scale/complex issues and collaborate across organizations

- Experience in Banking / Digital Banking preferred Prior experience in financial / banking institutions with fraud risk knowledge is a plus

Benefits:

Latest Technology: You will get to work on the most advanced technologies like machine learning and artificial intelligence.

Global Exposure: We work for leading global brands. You will get exposure to global markets while working with international clients.

Learning & Development: We partner with a host of the biggest learning platforms. You will be encouraged to learn and grow.

Growth Mindset: We encourage a growth mindset and believe that learning never stops. There is no pressure on you to be a master of everything. With this attitude, we can make significant progress in areas that we know very little about today. Here, you'll work with people with a collective passion to explore the limitless potential of data to solve complex problems.

Additional Benefits: Health insurance (self & family), virtual wellness platform, fun, and knowledge communities.