Overview
Lead the end-to-end development, validation and monitoring of complex fraud risk models using advanced statistical and machine learning techniques, supporting the Chief Operating Office's focus on risk and controls.
What you'll do
- Lead the end-to-end development, implementation, validation, documentation, and ongoing monitoring of complex fraud risk models using advanced statistical and machine learning techniques
- Design and deploy fraud detection models across card transactions, applications, checks, payments, and other fraud risk domains
- Analyse large, complex structured and unstructured data sets, perform advanced feature engineering, and identify predictive variables that improve fraud detection and risk outcomes
- Evaluate complex and emerging fraud patterns using graph and network analytics, anomaly detection, ensemble modelling, and other advanced analytical methodologies
- Assess new data sources, modelling techniques, and technologies, and recommend solutions that strengthen fraud detection capabilities and support broader business objectives
- Exercise independent judgment in addressing complex, multifaceted analytical challenges, evaluating model performance, and balancing fraud risk, customer impact, and operational considerations
- Ensure models comply with model governance, documentation, validation, regulatory, and risk management requirements throughout the model lifecycle
- Prepare comprehensive Model Development Documents and validation responses, and articulate and defend modelling assumptions, methodologies, limitations, and results during independent reviews
- Partner with Model Risk Management, Fraud Strategy, Operations, Product, and other stakeholders to resolve complex issues, align priorities, and translate analytical findings into actionable business recommendations
- Lead multiple concurrent fraud analytics initiatives, establish model development and coding best practices, and provide technical direction and mentorship to less experienced data scientists and fraud analysts
What you'll need
- 5+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Bachelor's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science
- Experience building, developing, or implementing machine learning models
- Hands-on experience with Python and SQL for data analysis, quantitative modelling, or related applications
- Experience with Generative AI technologies and their application to analytical or business use cases
Nice to have
- Experience applying advanced analytics or machine learning within fraud, financial crimes, risk, or related areas
- Experience developing analytical solutions using large-scale data and cloud environments
- Familiarity with model deployment, MLOps, or model lifecycle practices
- Master's degree in a quantitative or related field
- Experience in banking, financial services, or product-based technology
- Ability to turn complex analytical findings into clear, actionable insights
- Experience partnering across business, technology, risk, or model governance teams on complex initiatives
Details
- Location: Bengaluru, India
- Work mode: Hybrid, in accordance with business requirements
- Working hours: 1:30 PM to 10:30 PM IST shift, with flexibility based on business needs
- Partner closely with Model Risk Management (MRM) teams throughout the model lifecycle
- Collaborate with Fraud Strategy, Operations, and Product teams to support analytical and business priorities
- Effectively communicate analytical insights and recommendations to technical and business stakeholders
- Posting end date: 19 Oct 2026
Read the full description and apply on the company’s own careers page.