Product Manager – Fraud Strategy – FinTech

Zyoin; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading fintech firm in Bengaluru is seeking a Fraud Prevention Specialist with 5-6 years of experience in fraud prevention and risk management. The ideal candidate will design and execute strategies tailored to the fintech environment and utilize data analytics tools to identify fraudulent activities. Strong analytical skills and familiarity with regulatory requirements are essential. This role offers a dynamic environment for someone passionate about fraud prevention.

Qualifications

• 5-6 years of experience in fraud prevention, risk management, or related fields.
• Familiarity with US BSA/AML regulations preferred.
• Proven experience in developing effective fraud prevention strategies.

Responsibilities

• Design and execute comprehensive fraud prevention strategies.
• Monitor and analyze emerging fraud trends.
• Utilize advanced data analytics to identify patterns of fraud.

Skills

Fraud prevention

Data analysis

Risk management

Problem-solving

Machine learning

Tools

SQL

Python

R

Job description

Responsibilities:

– Design and execute comprehensive fraud prevention and detection strategies tailored to a fintech environment.

– Monitor and analyze emerging fraud trends, adapting strategies to mitigate risks promptly.

– Utilize advanced data analytics to identify patterns and anomalies indicative of fraudulent activities.

– Develop and maintain real-time dashboards and reports to track fraud trends and measure the effectiveness of prevention strategies.

– Present insights and recommendations to senior management to inform decision-making.

– Oversee day-to-day fraud detection operations, ensuring timely and accurate identification and investigation of suspicious activities.

– Implement and optimize fraud detection tools and systems to enhance the company’s fraud prevention capabilities.

– Create and update fraud-related policies and procedures, ensuring compliance withv industry standards and regulatory requirements.

– Collaborate with Product, Engineering, Legal, Compliance, and Customer Support teams to address fraud-related issues and implement preventive measures.

– Engage with external partners, industry groups, and law enforcement to stay informed about new fraud tactics and prevention methods.

Requirements:

– Atleast 5-6 years of experience in fraud prevention, risk management, or a related, preferably within the fintech industry

– Familiarity with US BSA/AML regulations(preferred)

– Proven experience in developing and implementing effective fraud prevention strategies.

– Strong analytical and problem-solving skills with prociency in data analysis tools (e.g., SQL, Python, R).

– Experience with fraud detection software and machine learning techniques.

– Strong understanding of regulatory requirements and industry best practices related to fraud and financial crimes.