Fraud Risk Management (FRM)/ EFRM Consultant

Pwc India; Mumbai; Presencial; INR 900.000 - 1.500.000; Jornada completa

Descripción de la vacante

Price Waterhouse Cooper LLP in Mumbai seeks a Fraud Risk Management professional with 2–8 years of experience to lead risk assessments, monitoring reviews, and investigations.

You will analyze banking, payments, cards, UPI and fintech activities, design controls, tune rules, and deliver client-ready risk advisory reports.

Experience with EFRM implementation and prior work for Big 4 or large risk advisory firms is valued.

Formación

• 2–8 years of experience in Fraud Risk Management, Financial Crime Compliance, Transaction Monitoring, Risk Consulting, or Fraud Investigation.
• Experience with banks, NBFCs, payment companies, card networks, fintechs, or consulting firms.
• Hands-on exposure to fraud detection platforms, monitoring systems, and case management tools.
• Experience with EFRM implementation, rule design, rule optimization, and fraud control reviews.
• Prior exposure with Big 4 or leading Risk Advisory consulting firms preferred.

Responsabilidades

• Conduct fraud risk assessments and control gap reviews across financial products and business processes.
• Review fraud alerts, monitoring scenarios, case investigations, and surveillance reports.
• Analyze transactional and customer activity data to identify fraud patterns, emerging typologies, and control weaknesses.
• Perform alert effectiveness reviews, scenario testing, lookback exercises, and false positive reduction initiatives.
• Prepare investigation reports, risk assessments, executive summaries, and client presentations.
• Perform root cause analysis of fraud losses and recommend remediation plans.
• Assess fraud prevention and detective controls for Banking, Payments, Cards, UPI, Wallets, Lending, and FinTech businesses.
• Support EFRM implementation, rule tuning, UAT, and business requirement documentation.
• Recommend enhancements to fraud risk frameworks, policies, procedures, and monitoring strategies.
• Engage with client stakeholders and provide consulting-led risk advisory solutions.

Conocimientos

Fraud Risk Management

Risk Advisory

Data analysis

Case investigations

Client consulting

Herramientas

Fraud detection platforms

Monitoring systems

Case management tools

Descripción del empleo

Role & responsibilities

• Conduct fraud risk assessments and control gap reviews across financial products and business processes.
• Review fraud alerts, monitoring scenarios, case investigations, and surveillance reports.
• Analyze transactional and customer activity data to identify fraud patterns, emerging typologies, and control weaknesses.
• Perform alert effectiveness reviews, scenario testing, lookback exercises, and false positive reduction initiatives.
• Prepare investigation reports, risk assessments, executive summaries, and client presentations.
• Perform root cause analysis of fraud losses and recommend remediation plans.
• Assess fraud prevention and detective controls for Banking, Payments, Cards, UPI, Wallets, Lending, and FinTech businesses.
• Support EFRM implementation, rule tuning, optimization, UAT, and business requirement documentation.
• Recommend enhancements to fraud risk frameworks, policies, procedures, and monitoring strategies.
• Engage with client stakeholders and provide consulting-led risk advisory solutions.

Preferred candidate profile

• 2-8 years of experience in Fraud Risk Management, Financial Crime Compliance, Transaction Monitoring, Risk Consulting, or Fraud Investigation.
• Experience with banks, NBFCs, payment companies, card networks, fintechs, or consulting firms.
• Hands-on exposure to fraud detection platforms, monitoring systems, and case management tools.
• Experience with EFRM implementation, rule design, rule optimization, and fraud control reviews.
• Prior exposure with Big 4 or leading Risk Advisory consulting firms preferred.