Job Category: KMBLDegree Level: Bachelor's DegreeJob Description:Grade: M4/M5Product Fraud Risk Manager JD: (looking for 2 to start with)Location: Mumbai / BangaloreJob Description· Analyse product notes / process notes and build scenarios for obvious fraud risks as well as edge cases· Summarise mandatory checks needed post launch· Summarise monthly post-facto summaries needed post launch in the first 3 months of launch and propose pulling back on relevant cohorts / additional checks· Liaise with product teams / tech teams / FRM rule writers to integrate with internal Fraud Risk Management tools and Business rule engines· Analyse gaps in existing products / processes from a fraud risk perspective· Own risk metrics on products launched and inform rule writers on internal fraud trend-based and compliance / regulations related checks on a regular basis· Regular documentation of product launches approved, checks proposed, fraud caught, additional diligence recommended, etc· Keep abreast with industry trends in new product launches, NPCI guidelines, payment solutions, competition benchmarking on processes / transaction limits, etcRequirements:· Min 4 years' experience in Banking / Fintech, ideally with exposure to multiple products· Good understanding of multiple banking products: Credit Cards, Debit Cards, Digital Channels, Merchant Acquiring, and RBI regulations therein· Ability to negotiate and liaise with multiple stakeholders and manage discussions independently· Good summarisation skills for briefs to senior leadership for quick approvals· Educational background - B.E./ B.Tech/ Statistics / Econometrics mandatory
