Risk and Fraud Analyst

Job Title: Risk and Fraud Analyst
Location: Bangalore, India Job Type: Full-Time Department: Risk and Compliance Job Summar y:We are seeking a detail-oriented and analytical Risk and Fraud Analyst to join our Risk and Compliance team The ideal candidate will have experience in monitoring and analyzing merchant activity to detect, investigate, and mitigate fraud and financial risks This role requires a solid understanding of Merchant KYC (Know Your Customer) processes, Anti-Money Laundering (AML) policies, and fraud detection methodologies Experience in internal audit is highly desirabl Key Responsibilit ies:Monitor merchant transactions and behavior patterns to identify suspicious activity and potential fr audConduct comprehensive Merchant KYC reviews to ensure compliance with regulatory standards and internal polic iesAssist in the implementation and refinement of AML programs, including transaction monitoring and enhanced due diligence proces sesInvestigate fraud alerts and escalations, prepare detailed reports, and recommend remedial acti onsCollaborate with cross-functional teams such as Compliance, Legal, and Customer Support to resolve fraud-related iss uesSupport the execution of internal audits, including risk assessments, control testing, and documentation of findi ngsAnalyze data to identify emerging fraud trends and contribute to fraud risk modeling effo rtsParticipate in the development and enforcement of risk and fraud mitigation policies and procedu resMaintain up-to-date knowledge of regulatory requirements, industry best practices, and fraud typolog ies, Qualifica tions:Bachelors degree in Finance, Business, Economics, Accounting, or a related field35 years of experience in risk analysis, fraud detection/prevention, or a related compliance role specially in Payment Gateways D omainKnowledge of Merchant KYC processes and regulatory require mentsWorking understanding of AML regulations and best prac ticesFamiliarity with fraud detection tools, systems, and investigative techn iquesExperience with or exposure to internal audits, especially in a financial or fintech enviro nmentStrong analytical and problem-solving skills with attention to d etailProficiency in Excel and data analysis tools; experience with SQL or BI tools is a plusStrong verbal and written communication s kills,