Job Title: Risk and Fraud Analyst
Location: Bangalore, India
Job Type: Full-Time
Department: Risk and Compliance
Job Summar
y:We are seeking a detail-oriented and analytical Risk and Fraud Analyst to 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 financial risks. This role requires a solid understanding of Merchant KYC (Know Your Customer) processes, Anti-Money Laundering (AML) policies, and fraud detection methodologies. Experience in internal audit is highly desirabl
e.
Key Responsibilit
- ies:Monitor merchant transactions and behavior patterns to identify suspicious activity and potential fr
- aud.Conduct comprehensive Merchant KYC reviews to ensure compliance with regulatory standards and internal polic
- ies.Assist in the implementation and refinement of AML programs, including transaction monitoring and enhanced due diligence proces
- ses.Investigate fraud alerts and escalations, prepare detailed reports, and recommend remedial acti
- ons.Collaborate with cross-functional teams such as Compliance, Legal, and Customer Support to resolve fraud-related iss
- ues.Support the execution of internal audits, including risk assessments, control testing, and documentation of findi
- ngs.Analyze data to identify emerging fraud trends and contribute to fraud risk modeling effo
- rts.Participate in the development and enforcement of risk and fraud mitigation policies and procedu
- res.Maintain up-to-date knowledge of regulatory requirements, industry best practices, and fraud typolog
ies.
Qualifica
- tions:Bachelor's degree in Finance, Business, Economics, Accounting, or a related
- field.35 years of experience in risk analysis, fraud detection/prevention, or a related compliance role specially in Payment Gateways D
- omain.Knowledge of Merchant KYC processes and regulatory require
- ments.Working understanding of AML regulations and best prac
- tices.Familiarity with fraud detection tools, systems, and investigative techn
- iques.Experience with or exposure to internal audits, especially in a financial or fintech enviro
- nment.Strong analytical and problem-solving skills with attention to d
- etail.Proficiency in Excel and data analysis tools; experience with SQL or BI tools is a
- plus.Strong verbal and written communication s
kills.
