Fraud Monitoring Specialist

AHEDGE

full time/part time/consultant

Mandatory skills

1. Hands-on experience in rule management for fraud monitoring of card payments using FICO's Falcon fraud manager
2. Proficiency in extracting and analyzing data from Falcon data sources using SQL and Python
3. Experience in building and testing fraud strategies in UAT/pre-production, including test design, validation, and promotion to production.
4. Proven experience in payments fraud detection and prevention (card-present/CP, card-not-present/CNP, digital wallets, and/or ACH/RTPS).
5. Excellent documentation skills for strategy logic, test plans, outcomes, and performance metrics.

Candidates without the skills listed above should not apply as these are mandatory for the role

Key Responsibilities

1. Utilize FICO's Falcon to extract and analyze data to identify fraud patterns, quantify risk, and inform strategy changes.
2. Develop, test, and tune fraud rules/strategies in UAT to maximize detection while minimizing false positives and customer friction.
3. Collaborate with cross-functional teams (Risk Ops, Engineering, Product, Compliance) to deploy and monitor new rules/strategies.
4. Track and report performance KPIs (detection rate, false-positive rate, precision/recall, etc.) and recommend iterative improvements.
5. Document strategy logic, testing outcomes, model/rule performance, and change controls for audit and compliance purposes.

Qualification and experience

1. Graduate/engineer
2. Minimum 7/8+ years relevant work experience
3. Relevant technical certifications preferred

Compensation: INR 25 LPA (negotiable) for full time role, INR 15 lacs (negotiable) for project duration of 6 days for part time assignment