Job Overview: Fraud Risk Consulting Manager

Location: Mumbai (VCA India & South Asia Team)

Focus: Delivering high-impact fraud risk advisory services to financial institutions, fintechs, and merchants across India and South Asia.

Core Responsibilities

Advisory Delivery: Lead and execute fraud risk consulting engagements, including risk diagnostics and authorization optimization.
Strategy & Optimization: Develop and refine fraud detection strategies, STIP (Stand-In Processing) optimization, and enterprise fraud frameworks.
Data-Driven Solutions: Partner with data scientists to build predictive fraud models, scoring systems, and automated rule optimizations.
Business Development: Support pre-sales activities, create client pitches, and develop "next-gen" risk engagement content.
Knowledge Leadership: Build an Intellectual Property (IP) repository (standardized methods, case studies, modeling codes) and publish thought leadership on the Indian payment landscape.

Key Project Areas

Fraud Prediction: Developing statistical models to identify likelihood of fraud.
Process Re-engineering: Enhancing fraud detection performance and merchant onboarding/activation risk.
Innovation: Creating strategic playbooks and navigating digital transformation impacts on risk.

Candidate Profile

Required Qualifications

Experience: 8+ years in Fraud Risk Management or Risk Analytics (within a bank or consulting firm).
Education: Masters degree in a quantitative field (Engineering, Mathematics, Science, etc.).
Acumen: Strong financial literacy and understanding of profitability drivers in financial institutions.
Skills: Exceptional problem-solving, storytelling, and presentation abilities.

Preferred Skills

Market Knowledge: Deep understanding of the Indian payment landscape, consumer fraud trends, and credit risk.
Technical Proficiency: Experience with data analytics or programming tools.
Regulatory Insight: Knowledge of risk regulations, compliance, and digital transformation in the BFSI sector.

Fraud Risk Consulting Manager