Description
Job Description: Techno-Functional Team Member – Fraud Risk Management (FRM)

Responsibilities
Key Responsibilities
1. Project Delivery & Implementation
- Collaborate with cross-functional stakeholders to deliver critical FRM projects
- Support integration of current channels (e.g., digital, cards, payments, UPI, APIs) with fraud monitoring systems
- Translate business requirements into technical specifications and vice versa
- Ensure timely delivery of projects with high quality and adherence to defined timelines

2. Fraud Risk & Process Optimization
- Identify process gaps and vulnerabilities in existing fraud detection and prevention workflows
- Propose and implement risk mitigation strategies
- Support development and fine-tuning of fraud rules, alerts, and models
- Participate in fraud incident analysis and root cause identification

3. Stakeholder Management
- Work closely with:
- Fraud Risk & Operations teams
- Technology/Engineering teams
- External vendors (if applicable)
- Act as a bridge between business and IT, ensuring alignment and clarity

4.



System & Data Analysis
- Analyze large volumes of transactional and fraud-related data
- Support testing, UAT, and validation of FRM system enhancements
- Assist in system monitoring and performance optimization

5. Regulatory & Compliance Support
- Ensure adherence to regulatory requirements and internal policies
- Assist in implementation of compliance-driven changes
- Maintain proper documentation for audits and governance

6. Operational Efficiency Improvement
- Recommend and support automation of manual processes
- Drive initiatives to improve alert handling, fraud detection accuracy, and operational turnaround time

Qualifications
Required Skills & Competencies
Technical Skills
- Understanding of fraud risk systems / fraud management platforms
- Basic knowledge of:
- SQL / database concepts
- APIs / system integration
- Data analysis tools (Excel, Python preferred but optional)
- Familiarity with ba

📌 Team Member-Enhanced Due Diligence-HO (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai