Job Summary

We are looking for professionals with hands-on experience in Enterprise Fraud Risk Management (EFRM) implementation or configuration for external financial-services clients, including banks, NBFCs, fintech companies and payment institutions.

Key Responsibilities

- Participate in end-to-end EFRM implementation, configuration and enhancement engagements.

- Configure fraud detection rules, scenarios, thresholds and monitoring workflows.

- Conduct fraud risk assessments and identify gaps in fraud prevention and detection controls.

- Support EFRM deployment, integration, UAT, testing and production enhancements.

- Analyse fraud patterns, transactional data and alert performance.

- Optimise fraud detection rules to improve detection rates and reduce false positives.

- Prepare BRDs, functional documentation, test cases and client presentations.

- Work closely with client stakeholders, technology teams and risk functions.

Mandatory Requirements

- 2-8 years of relevant experience in Fraud Risk Management / EFRM.





- Hands-on EFRM implementation OR configuration experience for external banking / financial-services clients.

- Practical experience in fraud-rule configuration, scenario creation, threshold setting or EFRM workflow configuration.

- Financial Services experience across banks, NBFCs, fintechs, payments or cards.

- Exposure to platforms such as NICE Actimize, FICO Falcon, SAS Fraud Management, FIS or equivalent.

Preferred

- Big 4 / Risk Advisory / Financial Services Consulting experience.

- EFRM implementation, deployment, integration or migration experience.

- Fraud rule optimisation and false-positive reduction.

Significant: Pure AML/KYC operations, transaction monitoring alert investigation, fraud investigation or internal bank-side fraud operations without external-client EFRM implementation/configuration experience will not meet this requirement.

📌 FRAUD RISK Management (Mumbai)
🏢 ERM Placement Services
📍 Mumbai