Role & responsibilities

- Conduct fraud risk assessments and control gap reviews across financial products and business processes.
- Review fraud alerts, monitoring scenarios, case investigations, and surveillance reports.
- Analyze transactional and customer activity data to identify fraud patterns, emerging typologies, and control weaknesses.
- Perform alert effectiveness reviews, scenario testing, lookback exercises, and false positive reduction initiatives.
- Prepare investigation reports, risk assessments, executive summaries, and client presentations.
- Perform root cause analysis of fraud losses and recommend remediation plans.
- Assess fraud prevention and detective controls for Banking, Payments, Cards, UPI, Wallets, Lending, and FinTech businesses.
- Support EFRM implementation, rule tuning, optimization, UAT, and business requirement documentation.
- Recommend enhancements to fraud risk frameworks,



policies, procedures, and monitoring strategies.
- Engage with client stakeholders and provide consulting-led risk advisory solutions.

Preferred candidate profile

- 2-8 years of experience in Fraud Risk Management, Financial Crime Compliance, Transaction Monitoring, Risk Consulting, or Fraud Investigation.
- Experience with banks, NBFCs, payment companies, card networks, fintechs, or consulting firms.
- Hands-on exposure to fraud detection platforms, monitoring systems, and case management tools.
- Experience with EFRM implementation, rule design, rule optimization, and fraud control reviews.
- Prior exposure with Big 4 or leading Risk Advisory consulting firms preferred.

📌 Fraud Risk Management (FRM)/ EFRM Consultant (Mumbai)
🏢 PwC India
📍 Mumbai