Job Summary

We are seeking a highly analytical and strategic Fraud Risk Strategy Consultant/Senior Consultant to join our team. In this pivotal role, you will be responsible for designing, implementing, and optimizing fraud strategies for a leading global payments ecosystem.

The ideal candidate will bring solid technical expertise in SQL and Python, coupled with a deep understanding of the payment fraud industry. You will play a critical role in managing fraud losses across Consumer-to-Consumer (C2C) and Consumer-to-Business (C2B) payment flows, while simultaneously improving payment authorization rates and ensuring a frictionless customer experience.

Key Responsibilities
- Domain Expertise: Apply proven experience in the Payments Industry, specifically dealing with Transactional Fraud, Digital Wallets, Payment Gateways, and E-commerce fraud.
- Fraud Strategy & Mitigation: Design, implement, and manage robust fraud prevention strategies for C2C (peer-to-peer) and C2B (merchant checkout) payment products,



as well as Debit Card portfolios (covering both Card Present and Card Not Present transactions).
- Authorization Optimization: Analyze transaction data to improve payment authorization rates across various checkout flows (both branded and unbranded/guest checkouts) while keeping fraud losses within risk appetite.
- Customer Experience (CX): Balance aggressive fraud mitigation with user experience by minimizing false positives (false declines) and reducing unnecessary friction for legitimate customers.
- Data-Driven Investigation: Investigate suspicious transaction patterns, account takeovers (ATO), and payment anomalies to determine root causes and develop proactive statistical models/rules.
- System & Rule Development: Design and deploy fraud rules within decision engines and workflow systems. Build comprehensive monitoring reports to track the performance of fraud strategies.

Required Qualifications
- Education: Bachelors or Masters degree in Finance, Economi

📌 Risk Consultant (Bengaluru)
🏢 Straive
📍 Bengaluru