Fraud & Risk Management Analyst (Payments, Neo-Banking & Crypto)

6 days ago


Bengaluru, Karnataka, India FinFusion Solutions Pvt Ltd Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Fraud & Risk Management Analyst (Payments, Neo-Banking & Crypto)

Location:
Bengaluru (WFO) |
Function:
Risk & Fraud |
Type:
Full-time

Compensation:
Competitive base + performance-linked bonus + ESOPs based on performance|
Tools:
MacBook provided

Why FinFusion

FinFusion builds future-ready FinTech platforms—ZenPay (Neo-Banking & Global Payments) and Verafye (AI-powered Fraud & Risk). You'll join a hands-on, fast-moving team shipping real-time transaction monitoring at scale across cards, global bank rails (UPI/ACH/SWIFT/RTP/SEPA/), wallets, and crypto.

The Opportunity

We're hiring a
Fraud & Risk Management Analyst
with deep domain expertise in
banking or payments
(crypto exposure strongly preferred). You will transform raw data into actionable insights—
discovering patterns, designing fraud rules & business logic,
 and partnering with Data/ML to continuously
train and improve models
. Your work will directly lower fraud losses, increase approval rates, and protect customers across markets.

What You'll Do

  • Transaction Monitoring & Detection
  • Analyze production streams (web, mobile, API, POS) to uncover fraud patterns (account takeovers, mule networks, triangulation, friendly fraud, synthetic IDs, bot abuse, velocity/structuring, BIN/range abuse, chargeback rings).
  • Design, simulate, and deploy
    risk rules
    (pre-auth & post-auth) with thresholds, risk scores, and step-up flows; own rule governance and drift checks.
  • Crypto Risk
  • Identify crypto-specific typologies (bridging/mixing, peel chains, sanctioned counterparties, wash trading signals, dusting); define controls for VASP/Travel Rule workflows.
  • Model Partnership
  • Translate patterns into
    features/labels
    ; curate training/evaluation datasets; review model outputs (precision/recall/AUC), and recommend thresholding & orchestration with rules.
  • Decisioning & Orchestration
  • Tune policy stacks (allow/deny/review), waterfall logic, step-up KYC/KYB, device/behavior checks, and 3-DS/SCA strategies to balance
    loss vs. conversion
    .
  • Investigations & Casework
  • Conduct in-depth analyses, create narrative memos, and recommend mitigations; support chargeback defense and dispute evidence packages.
  • Compliance Alignment
  • Partner with Compliance on
    KYC/KYB, AML/CFT, STR/SAR
    triggers, sanction screening, GDPR/India DPDP Act/PCI-DSS hygiene.
  • Impact & Reporting
  • Own and publish weekly dashboards:
    BPS fraud rate, authorization rate, false-positive rate, manual review rate, recovery %, chargeback rate by scheme/rail
    .

What You'll Need (Must-Haves)

  • 5–10+ years
    in Fraud/Risk within a
    bank or payments
    company (issuer, acquirer, PSP, gateway, or neo-bank).
  • Proven track record
    designing and shipping fraud rules
    and
    tuning risk engines
    in production.
  • Hands-on with transaction data and
    advanced SQL
    ; comfortable with Python/R for analysis (no heavy ML coding required, but strong analytical rigor is essential).
  • Working knowledge of
    card & bank rails
    (auth flows, MCCs, BIN ranges, 3-DS/SCA, chargebacks/disputes, UPI/NPCI constructs, reconciliation).
  • Familiarity with
    crypto risk
    signals and Travel Rule/VASP concepts.
  • Strong grasp of
    metrics & trade-offs
    (loss vs. conversion, precision/recall, latency).
  • Excellent written analysis: incident memos, runbooks, and executive summaries.

Nice to Have

  • Exposure to tools/concepts like device fingerprinting, bot mitigation, graph/link analysis, velocity stores, case management systems.
  • Experience with real-time data stacks (Kafka/Kinesis), feature stores, or SIEM; basic knowledge of MLOps/experimentation.
  • Prior work with sanctions screening, name matching, and geolocation/IP intelligence.

What You'll Work With

  • Platforms:
    ZenPay (Digital & Gateway), Verafye (Fraud & Risk)
  • Data:
    Real-time transaction streams across cards/UPI/bank rails/wallets + blockchain signals
  • Team:
    Risk Engineers, Data Scientists, Product Managers, and Platform Engineering

Success Looks Like (First 6 Months)

  • Ship
    2–3 high-impact rule packs
    cutting targeted fraud typologies by
    30–50%
    with
    ≤10%
    incremental false positives.
  • Improve
    auth/approval rate
    by
    100–200 bps
    via smarter step-ups and thresholding.
  • Establish a
    fraud intel operating cadence
    (dashboards, alerts, playbooks, post-mortems).


  • Bengaluru, Karnataka, India JUSPAY Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Title: Risk and Fraud AnalystLocation:Bangalore, IndiaJob Type:Full-TimeDepartment:Risk and ComplianceJob Summary:We are seeking a detail-oriented and analyticalRisk and Fraud Analystto join our Risk and Compliance team. The ideal candidate will have experience in monitoring and analyzing merchant activity to detect, investigate, and mitigate fraud and...

  • Fraud Risk Manager

    2 weeks ago


    Bengaluru, Karnataka, India Prefr (Formerly CreditVidya) Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    The role involves building, monitoring, and enhancing fraud risk strategies across the lending lifecycle to minimize losses, safeguard portfolio quality, and ensure regulatory compliance. The candidate will work closely with Credit Risk, Operations, Collections, Technology, and Business teams to proactively manage fraud risks while supporting sustainable...


  • Bengaluru, Karnataka, India, Karnataka Tredence Inc. Full time

    Tredence is a global data science and AI solutions provider specializing in providing data-driven solutions to organizations and focused on solving the last-mile problem in AI. Headquartered in San Jose, with offices in Foster City, Chicago, London, Toronto, and Bangalore, Pune, Gurgaon, Chennai, Kolkata.Tredence is 2200-plus employees strong and caters to...


  • Bengaluru, Karnataka, India Infogain Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Roles & Responsibilitiesbuild low level designs and guide development team for the technical approachesDesign, develop and implement Magento 2 eCommerce solutions. Integrate with major external systems including ERP, CRM, OMS, payment gateway system, middleware, and other systems. Prepare custom prospect/client solutions to be presented. Participation in pre...


  • Bengaluru, Karnataka, India Bluevine Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    About BluevineBluevine is transforming small business banking with innovative solutions like checking, lending, and credit—all tailored to help entrepreneurs thrive. With best-in-class technology, advanced security, and a deep understanding of the small business community, we're empowering entrepreneurs to grow with confidence.Backed by leading investors...


  • Bengaluru, Karnataka, India Rippling Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    About RipplingRippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. For the first time ever, you can manage and automate every part of the employee lifecycle in a single system.Take onboarding, for example....


  • Bengaluru, Karnataka, India Fabric Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Job Application Link: Job Summary:A Compliance Operations Analyst responsible for ensuring rigorous AML/KYC onboarding, transaction monitoring, and financial crime investigations. The role involves detecting suspicious activities, conducting thorough investigations, maintaining compliance documentation, and collaborating with cross-functional teams to...


  • Bengaluru, Karnataka, India PayPal Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    The CompanyPayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. We operate a global, two-sided network at scale...

  • Risk Analyst

    6 days ago


    Bengaluru, Karnataka, India Goldman Sachs Services Pvt Ltd Full time

    Transaction Banking -Bengaluru-Analyst-Risk Governance TRANSACTION BANKING We aim to build a modern and digital-first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a...


  • Bengaluru, Karnataka, India, Karnataka Straive Full time

    Job Role: Fraud Strategy AnalyticsYears of Experience: 2 to 10 yearsShift Timing: 1:00PM IST to 10:00PM IST Location : Gurugram /Bangalore/Hyderabad/Mumbai Work mode-Hybrid-2 days in officeAbout Straive:Straive is a leading provider of technology-driven solutions, focused on delivering innovative data, risk, and knowledge services. We are looking for a...