Risk Management Specialist

16 hours ago


Salem, Tamil Nadu, India beBeeFraud Full time ₹ 19,84,000 - ₹ 25,60,000
Senior Fraud Risk Modeler Role

We are seeking a seasoned Senior Fraud Risk Modeler to join our team and drive the development of advanced fraud detection models across various financial products.

Key Responsibilities:
  • Fraud Detection and Prevention: Design, build, and implement sophisticated fraud detection models using statistical and machine learning techniques.
  • Data Analysis and Interpretation: Analyze large-scale transactional and behavioral data to identify fraud patterns and provide actionable insights.
  • Risk Assessment and Monitoring: Evaluate existing fraud controls and monitor fraud trends to quantify exposure to evolving threats.
  • Communication and Collaboration: Effectively present analytical findings and model performance to stakeholders.
  • Documentation and Reporting: Maintain comprehensive documentation of model development processes and risk assumptions.

Qualifications:

  • Bachelor's or Master's degree in a quantitative discipline such as Statistics, Mathematics, Computer Science, Economics, Data Science, or a related field.
  • 6-7 years of experience in banking environment with hands-on experience in developing, implementing, and maintaining fraud risk models.
  • Proven expertise in fraud analytics and modeling, including transaction monitoring, real-time detection, and rules-based or machine learning-driven approaches.

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