Fraud Risk & Risk Analytics

Paytm
Noida, Uttar Pradesh, India

About the Role

We are looking for a data-driven Risk Management professional with 5–7 years of experience in Fraud Risk, Operational Risk and Risk Analytics within the Fintech, Payments or Digital Banking ecosystem.

The role will focus on identifying and mitigating fraud and operational risks through data analytics, transaction monitoring, risk dashboards and robust control frameworks. The incumbent will work closely with Business, Product, Technology, Operations and Compliance teams to strengthen risk governance across payment products and merchant ecosystems.

Key Responsibilities

1. Fraud Risk & Risk Analytics

  • Identify, analyse and monitor fraud patterns, suspicious transactions and emerging risk trends across payment products.
  • Develop data-driven monitoring mechanisms to identify anomalies, transaction irregularities and potential fraud exposure.
  • Build and maintain fraud and operational risk dashboards using SQL, Python and BI tools.
  • Perform data extraction, querying and analysis to generate actionable risk insights.
  • Define and track Key Risk Indicators (KRIs), fraud metrics, operational losses and risk thresholds.
  • Conduct root cause analysis of fraud incidents and recommend preventive controls.2. Operational & Payments Risk Management
  • Assess risks across merchant onboarding, KYC, transaction processing, payment operations and customer servicing.
  • Strengthen controls around merchant onboarding, PAN validation, MCC classification and transaction monitoring.
  • Monitor payment risk exposure and ensure adherence to RBI regulations and payment network guidelines.
  • Drive Risk & Control Self-Assessments (RCSA) and identify control gaps.
  • Coordinate with relevant stakeholders to implement risk mitigation measures.3. Outsourcing & Third-Party Risk Management
  • Conduct risk assessments and due diligence of third-party service providers.
  • Monitor vendor performance, SLA adherence and control effectiveness.
  • Support periodic risk reviews and ensure compliance with applicable RBI Outsourcing Guidelines.
  • Partner with Information Security and Compliance teams on vendor risk assessments.4. Risk Reporting & Governance
  • Develop automated dashboards and periodic risk reports for management review.
  • Translate complex datasets into meaningful business insights and recommendations.
  • Drive risk analytics initiatives through SQL queries, Python-based analysis and dashboarding.
  • Maintain risk policies, SOPs and governance documentation.
  • Support internal audits, external audits and regulatory inspections.Desired Candidate Profile

Experience & Industry

  • 5–7 years of experience in Fraud Risk, Risk Analytics, Operational Risk or Payments Risk.
  • Experience in Fintech, Digital Payments, Payment Aggregators, Payment Gateways or Banking is essential.
  • Prior experience with digital-first financial platforms and payment ecosystems preferred.Technical & Analytical Skills
  • Strong hands-on expertise in SQL, including writing complex queries for data extraction and analysis.
  • Working knowledge of Python for data analysis, automation and risk analytics.
  • Advanced Google Sheets / MS Excel skills.
  • Experience with dashboarding and visualisation tools such as Power BI, Tableau or similar platforms.
  • Ability to analyse large datasets, identify patterns and derive actionable insights.Domain Expertise
  • Strong understanding of Fraud Risk, Transaction Monitoring and Payment Risk.
  • Knowledge of RBI Outsourcing Guidelines and PA Master Directions.
  • Familiarity with KYC, merchant onboarding, PAN validation and MCC classification.
  • Understanding of RCSA, KRIs, operational loss management and control testing.Education
  • MBA / Postgraduate qualification in Finance, Risk Management, Analytics or related disciplines preferred.
  • Graduates from Tier 1 and Tier 2 institutes preferred.Target Designations: Assistant Manager / Deputy Manager (AM/DM)

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Questions about this job

How do I apply for the Fraud Risk & Risk Analytics job at Paytm?

Use the apply link on this page: you apply directly with Paytm on LinkedIn. Before you do, score your resume against this job description on Fitboard. It shows which skills and keywords the job asks for that your resume doesn't show, so you can fix them first.

What skills does Paytm want for this Fraud Risk & Risk Analytics role?

The job description asks for Fraud Risk, Risk Analytics, Operational Risk, Payments Risk, SQL, Python, BI tools and Google Sheets. Make sure your resume shows the ones you have, in the words the job uses: applicant tracking systems look for them.

How can I get a job at Paytm?

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Is this Fraud Risk & Risk Analytics job remote or onsite?

This is based in Noida, Uttar Pradesh.

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