Fraud Risk Associate – Credit Cards

Basic Section No. Of Openings 1 External Title Fraud Risk Associate Credit Cards Employment Type Permanent Employment Category Field Closing Date 04 Jun 2025 Organisational Entity Equitas Small Finance Bank Business Unit Assets Division/Function (SBU) Credit Cards Department Fraud Risk Management Sub-Department Pre Issuance Generic Role Risk Associate External Title (Job Role) Fraud Risk Associate Credit Cards Division Credit Cards Zone South State Tamil Nadu Region Tamil Nadu Area Chennai Cluster Chennai PT Location Chennai Branch Code 9999 Branch Name Head Office Skills Skill Sales Highest Education Master of Business Administration Working Language English Tamil About The Role Conduct thorough analysis of transactional data, patterns, and trends to identify potential fraudulent activities, like first-party fraud risk. - Develop and maintain fraud detection systems and tools to proactively mitigate risks. - Investigate suspicious activities and transactions, determining root causes and developing strategies and statistical models to prevent future occurrences. - Implement and manage fraud detection technologies and tools, ensuring optimal functionality and efficiency. - Generate reports and presentations outlining fraud risks, incidents, and mitigation strategies for management review. - Collaborate with cross-functional teams, including risk management, operations, and compliance, to enhance fraud prevention measures. - Monitor industry trends, regulatory changes, and best practices to continually enhance fraud prevention strategies. - Utilize data analytics tools and methodologies to conduct in-depth assessments and generate reports on first-party fraud trends and potential vulnerabilities. - Stay updated on industry trends, emerging threats, and best practices related to first-party fraud prevention. - Work closely with law enforcement and regulatory agencies, when necessary, to address instances of first-party fraud.