Job id : 42499

Associate– Checking Fraud_Consumer and Commercial Banking (CCBD)

Associate– Checking Fraud_Consumer and Commercial Banking (CCBD)

Client of


   Client of JobsForHer        Bangalore
  1 week ago      48 Applied
Job details

Job Type

  Full Time

Functional Area

Accounting / Finance / Tax / CS / Audit,RnD/Engineering


Banking/Financial Services/Insurance


Not Specified

Experience Required

  2 - 4 Yrs

Skills Required

   data science & consumer banking,fraud risk management

Job Description

Consumer and Commercial Banking (CCBD)

Consumer and Commercial Banking brings innovative solutions to traditional banking activities. We are a global team of lenders, investors, risk managers, skilled marketers, web experts and banking specialists. We provide a suite of solutions to help our customers meet their personal financial goals. We make direct investments in, and risk manage, a portfolio of corporate loans and securities. And we help transform distressed communities through investments and loans of private capital.

Digital Finance Description

Digital Finance, a subdivision of CCBD, is composed of the firm’s digitally-led consumer businesses which include the global online consumer deposits business and the US online consumer lending business, the firm’s first-ever direct-to-consumer platform built from the ground up. Digital Finance combines the strength and heritage of a 147-year-old financial institution with the agility and entrepreneurial spirit of a tech start-up. This unique dynamic allows us to help our customers achieve financial progress through customizable solutions that are grounded in value, transparency and simplicity.

Your Impact

As part of the central fraud team you will be responsible for the development of new strategies, business processes and solutions to prevent consumers from being victimized by fraud and protecting the firm from financial losses due to fraud. The role will involve working closely with product, technology and data science teams to develop solutions and improve the performance of the portfolio. As part of this team you will be responsible for:

• Developing and executing strategies to identify and prevent fraud

• Gather, organize and analyze data as it pertains to case development through the use of analytical tracking and data management tool

• Performing portfolio risk trend analysis

• Developing reporting to support the management of the business

• Supporting operations teams to identify trends and opportunities for process improvements

• Working with technology team to find, develop and implement solutions

Basic Qualifications

• Bachelor’s degree in Mathematics, Statistics, Economics, Finance, Engineering or a related field.

• 2+ years of experience in fraud risk management with debit cards, prepaid cards, checking products

• Experience with using data science tools (Python, Spark preferred) to solve business problems.

Preferred Qualifications

• Experience building quantitative strategies for a consumer checking business

• Knowledge of fraud risk vendors and technology in consumer finance or digital services industry

• Experience with consumer banking authentication tools and methodologies

• Developed reporting and used data visualization to report on trends or analysis

• Familiar with digital payment channels like Zelle, Real Time Payments, Bill Pay, Remote Check Deposit

• Managed projects and worked with technology teams to implement solution