Job Summary

Wells Fargo is seeking a fraud analyst.

Responsibilities

- Identify and investigate first-party fraud behaviors, including deliberate non-payment, bust-out, and misuse of credit lines
- Detect and monitor payment float patterns (e.g., strategic repayments, credit cycling, temporary balance cover to evade delinquency classification)
- Analyze customer transaction and repayment behavior to distinguish between genuine liquidity issues and intentional abuse
- Develop and refine rule-based strategies and controls to detect and prevent first-party fraud
- Perform segmentation analysis to identify high-risk cohorts based on behavioral, transactional, and repayment signals
- Conduct root cause analysis on fraud losses and recommend changes
- Partner with credit risk, collections, and underwriting teams to align fraud strategies across the customer lifecycle
- Monitor key performance metrics such as roll rates, early delinquency, credit cycling, and fraud loss rates




- Support development and enhancement of fraud detection models and early warning indicators
- Ensure compliance with regulatory guidelines and internal policies

Required Qualifications

- Degree in Finance, Economics, Statistics, Engineering, or a related field
- 5+ years of experience in fraud risk, credit risk, or payments analytics
- Strong understanding of first-party fraud typologies (bust-out, credit abuse, payment manipulation, synthetic behavior at account level)
- Positive grasp of payment behavior dynamics and delinquency triggers
- Proficiency in SQL and Excel; experience with Python/R is a plus
- Strong analytical and problem-solving capabilities with attention to detail
- Ability to differentiate between credit risk and fraud intent signals
- Effective communication skills and stakeholder management

📌 Senior Analytics Consultant (Bengaluru)
🏢 Wells Fargo
📍 Bengaluru