Fraud Risk (Noida)

Role Overview

We are seeking a highly experienced, data-driven Fraud Risk Management qualified to lead

our fraud detection, investigation, and regulatory compliance frameworks. In this role, you will

be responsible for safeguarding our digital payments ecosystem (including UPI, IMPS, Wallets,

and Merchant platforms) by engineering advanced risk rules, optimizing machine learning

models, and leading high-performing operational teams. You will also act as a primary liaison

with key regulatory bodies (RBI, NPCI) and Law Enforcement Agencies (LEAs) to ensure

ironclad compliance and proactive risk mitigation.

Key Responsibilities

1. Regulatory Compliance & Governance

Implement Circulars: Spearhead the end-to-end implementation of all fraud risk-related

circulars and compliance mandates from the RBI, NPCI, and FIU.

Regulatory Confirmation: Own and ensure the timely, accurate submission of critical

regulatory implementations on the PCOMP portal.

Stakeholder Liaison: Serve as the primary point of contact for ad-hoc risk inquiries from

regulatory bodies and Law Enforcement Agencies (LEA).

Executive Reporting: Prepare and present advanced data analysis and high-level risk

reports for Board-level forums, including the Risk Management Committee (RMC).

2. Risk Rule Engineering & Advanced Analytics

Rule Development: Codify, test, and deploy hundreds of high-impact risk rules (velocity,

blacklists, compliance) using Python and SQL to counter emerging fraud vectors.

Data Analysis: Query and analyze large-scale transactional and profile data to identify

patterns, build automated daily alert reports, and perform Root Cause Analysis (RCA).

ML Model Optimization: Partner cross-functionally with Tech and Data Science teams to

refine and optimize Machine Learning/AI-driven risk models to boost detection efficiency and

reduce false positives.

3. Fraud Investigations & Operations

Investigations: Lead end-to-end investigations into sophisticated digital payment fraud

acr .