Team Leader-Fraud Analytics-SUPPORT SERVICES-Fraud Risk Management Unit

Kotak Mahindra Bank

5 - 6 years

Mumbai

Posted: 3/18/2025

Job Description

Level	M5-M6
Department	Fraud Analytics
Location	Mumbai
Role Requirements	Conceptualize and implement early warning triggers & strategies from fraud perspective in both assets and liabilities Develop analytics to identify suspected frauds in both credit and non-credit areas Monitor effectiveness of triggers and rules set for fraud identification and suggest refinements/additional rules to improve efficacy and accuracy Design fraud monitoring framework through data analytics and collaboration with first line of defense Analyze historical data on EWS, RFA and credit frauds across industry to develop and implement EWS triggers Validate model performance metrics, process production data, and conduct deep-dive analytics to improve fraud detection accuracy. Leverage Python, PySpark, and ML frameworks to develop scalable solutions. Develop real-time analytics solutions to detect fraud transactions instantly. Utilize supervised (regression, classification) and unsupervised learning techniques to address business challenges. Lead collaboration between stakeholders – RCU, product, analytics, IT, BSG & business to design/implement solutions w.r.t. Fraud identification and monitoring Collaborate with FinTechs / external vendors for exploring on new ideas / innovations and implement the same Presentation to relevant committees and senior management
Pre-Requisites	Candidate should have minimum 5-6 years’ experience in analytical/statistical modelling and data analytics in Fraud Risk with overall experience of at least 8 years. Experience in Machine Learning & Statistical modeling, with expertise in supervised and unsupervised techniques. Python, PySpark, SQL, and software engineering fundamentals. Fraud analytics, risk modeling, and anomaly detection. Building dashboards & reports using Power BI and Python for model monitoring. Candidate should have excellent logical thinking and solution building skills. Good written and verbal communication skills Professional Qualifications - MSc Statistics/ MTech/BTech/MBA from Tier1 colleges or universities with CFE certification preferred

About Company

Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.

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