Senior Fraud Consultant

Job Role: Manager / Lead - Fraud Risk Strategy

Years of Experience: 3 to 6 Years

Job Summary:

We are seeking a highly analytical and strategic Fraud Risk Manager/Lead to join our team. In this pivotal role, you will be responsible for designing, implementing, and optimizing fraud strategies for a leading global payments ecosystem. The ideal candidate will bring strong technical expertise in SQL and Python, coupled with a deep understanding of the payment fraud industry. You will play a critical role in managing fraud losses across Consumer-to-Consumer (C2C) and Consumer-to-Business (C2B) payment flows, while simultaneously improving payment authorization rates and ensuring a frictionless customer experience.

Key Responsibilities:

● Domain Expertise: Proven experience in the Payments Industry, specifically dealing with Transactional Fraud, Digital Wallets, Payment Gateways, and E-commerce fraud

● Fraud Strategy & Mitigation: Design, implement, and manage robust fraud prevention strategies for C2C (peer-to-peer) and C2B (merchant checkout) payment products, as well as Debit Card portfolios (covering both Card Present and Card Not Present transactions).

● Authorization Optimization: Analyze transaction data to improve payment authorization rates across various checkout flows (both branded and unbranded/guest checkouts) while keeping fraud losses within risk appetite.

● Customer Experience (CX): Balance aggressive fraud mitigation with user experience by minimizing false positives (false declines) and reducing unnecessary friction for legitimate customers.

● Data-Driven Investigation: Investigate suspicious transaction patterns, account takeovers (ATO), and payment anomalies to determine root causes and develop proactive statistical models/rules.

● System & Rule Development: Design and deploy fraud rules within decision engines and workflow systems. Build comprehensive monitoring reports to track the performance of fraud strategies.

Required Qualifications:

● Bachelor’s or Master’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, Engineering, or a related quantitative field.

● 3 to 6 years of hands-on experience in fraud strategy, specifically within Fintech, Digital Payments, E-commerce, or Payment Gateways.

● Demonstrated experience in designing and implementing fraud rules using transactional, behavioral, and third-party data.

● Strong proficiency in: ○ SQL: Advanced querying, joins, aggregations, and performance tuning for massive transactional datasets. ○ Python: Data manipulation (Pandas, NumPy), exploratory data analysis, and basic modeling; ability to productionize or hand over code to engineering teams.

● Strong analytical and problem-solving skills with the ability to translate data insights into actionable strategies that directly impact the bottom line