Director – Fraud Risk Strategy Hunterz Research

The Corporate Institute; Bengaluru; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Bengaluru is seeking a Director – Fraud Risk Strategy to lead the design and execution of risk policies across AML, fraud prevention, and detection systems. You will drive strategic initiatives, manage a cross-functional team, and ensure robust controls in a fast-paced environment.

This role requires strong regulatory knowledge for India, excellent stakeholder liaison with regulators and banking partners, and a proven ability to translate complex data into actionable

Qualifications

• Experience in policy development for financial crime risk in dynamic environments.
• Strong regulatory knowledge for India's framework is required.
• Proven track record in fraud strategy and risk management.

Responsibilities

• Develop and oversee policies for AML, fraud prevention, and risk controls.
• Lead risk team, align with regulators, and respond to inquiries.
• Enhance monitoring and reporting across payments platforms.
• Coordinate with internal teams and banking partners on risk issues.

Skills

Fraud risk management

Policy development

Stakeholder management

Leadership

Data-driven decision making

Education

CA or Law degree

Tools

Regulatory reporting tools

AML systems

Job description

Director – Fraud Risk Strategy – Bangalore

What You Will Do:

• Policy Development & Oversight: Strengthen and implement comprehensive policies for financial crime risk management, encompassing Anti-Money Laundering (AML), fraud prevention, and detection mechanisms. This includes developing, maintaining, and overseeing policies, processes, and product-level interventions to ensure robust risk mitigation
• Relationship Management: Managing banking relationships from Risk/Compliance standpoint & also governing the VISA/RBI/NPCI guidelines
• Risk Management: Enhance preventive and detective frameworks to mitigate financial crime risks across Payments’ systems
• Regulatory Compliance: Ensure adherence to applicable laws, regulations, and guidelines by implementing necessary changes in internal processes
• Monitoring & Reporting: Establish robust monitoring systems for suspicious activities and ensure timely reporting to relevant authorities
• Team Leadership: Provide strategic direction to the financial crime risk team and foster a culture of compliance and risk awareness
• Operations Oversight: Lead a team of risk analysts to manage Fraud and AML operations – including merchant reviews, transaction monitoring, and escalation handling – and to respond to summons and data requests from Law Enforcement Agencies (LEAs) in a timely and compliant manner

What You Will Need:

• Qualified CA or Law graduate.
• Relevant experience in policy development, fraud strategy, and financial crime risk management, with a proven track record of working in fast-paced, dynamic organizations. Strong understanding of regulatory frameworks in India
• Exceptional stakeholder management skills with the ability to liaise effectively with regulators, Internal tech/product team & banking partners
• Analytical mindset with proficiency in data-driven decision-making
• Leadership experience in managing cross-functional teams and driving organizational change.