Fraud Risk Analyst - (A2)

LenDenClub; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

LenDenClub in Mumbai is seeking a Fraud Risk Analyst to monitor fraud risk across the customer lifecycle and detect emerging patterns in criminal activity. You will translate complex risk scenarios into scalable, tech-driven solutions and lead reviews, gap analyses, and remediation plans.

Collaborating across teams, you will execute high-impact fraud initiatives to reduce losses while enhancing customer experience, fairness, and transparency in complaint handling.

Qualifications

• 2-4 years of experience in fraud risk or advisory, supporting the first line of defence.
• Knowledge of fraud risks associated with payments, banking.
• Expertise in fraud typologies, controls, and regulatory frameworks.
• Experience across retail and business financial services.
• A proven track record of delivering fraud risk assessments, gap remediation, and fraud prevention strategies.

Responsibilities

• Monitoring fraud risk throughout the customer lifecycle to provide timely detection of emerging patterns in criminal activity.
• Analysing fraudster profiles and types of fraud being encountered (synthetic identities, money mules, etc.).
• Translating complex fraud risk scenarios into scalable, tech-driven solutions.
• Leading fraud risk reviews, control gap analysis, and remediation plans.
• Collaborating cross-functionally to execute on high-impact fraud initiatives that reduce losses.
• Enhancing customer experience by identifying and remediating customer detriment caused by fraud controls, while improving fairness, transparency, and complaint handling.
• Developing and optimising fraud prevention strategies that balance customer experience with loss mitigation.

Tools

SQL

Python

Looker

Job description

Notice Period: Less than 30 Days (Immediate joiners preferred)

What you'll be doing -

• Monitoring fraud risk throughout the customer lifecycle to provide timely detection of emerging patterns in criminal activity
• Analysing fraudster profiles and types of fraud being encountered (synthetic identities, money mules, etc.)
• Translating complex fraud risk scenarios into scalable, tech-driven solutions
• Leading fraud risk reviews, control gap analysis, and remediation plans
• Collaborating cross-functionally to execute on high-impact fraud initiatives that reduce losses
• Enhancing customer experience by identifying and remediating customer detriment caused by fraud controls, while improving fairness, transparency, and complaint handling
• Developing and optimising fraud prevention strategies that balance customer experience with loss mitigation

What you'll need -

• 2-4 years of experience in fraud risk or advisory, supporting the first line of defence
• Knowledge of fraud risks associated with payments, banking
• Expertise in fraud typologies, controls, and regulatory frameworks
• Experience across retail and business financial services
• A proven track record of delivering fraud risk assessments, gap remediation, and fraud prevention strategies

Nice to have

• Proficiency in using analytical tools (e.g., SQL, Python, Looker)