Fraud Risk Consulting, Visa Consulting and Analytics
Fraud Risk Consulting, Visa Consulting and Analytics
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Job Description
Team Summary
Visa Consulting and Analytics (VCA) drives tangible impactful and financial results for Visas network clients including both financial services and merchants. Drawing on our expertise in strategy consulting data analytics brand management marketing operational and macroeconomics Visa Consulting and Analytics solves the most strategic problems for our clients.
The India & South Asia (InSA) Consulting Market team within Visa Consulting & Analytics provides consulting and solution services for Visas largest issuers in India Sri Lanka Bangladesh Nepal Bhutan & Maldives. We apply deep expertise in the payments industry to provide solutions to assist clients with their key business priorities drive growth and improve profitability. The VCA team provides a comprehensive range of consulting services to deliver solutions that address unique challenges in areas such as improving profitability strategic growth customer experience digital payments and running risk.
You will join our consulting team and play a role in delivering and implementing high impact projects and solutions with client across the Payments Ecosystem which includes Issuers Acquirers Merchants Fintechs etc. This person will develop initiatives to promote balanced and profitable growth thereby ensuring that Visa is both the preferred brand and outstanding business partner. This role is based in our Mumbai office and reporting into the Head of Risk Consulting Practice India & South Asia.
What the Fraud Risk Consulting Manager Visa Consulting & Analytics does at Visa:
The Fraud Risk Consulting Manager is responsible for delivering Risk advisory services to Visas clients (Issuers Acquirers and Merchants) in the Fraud Risk space. The Senior Manager will report into the Head of Risk Consulting Practice VCA - India and South Asia (INSA) will contribute to the delivery of Risk advisory engagements. This individual will bring expertise in Fraud Risk functional domain gained as within a bank and/or a specialized consulting firm. We are looking for a motivated analytically minded individual with a track record of using Risk expertise to unlock business value.
Key responsibilities for the Fraud Risk Consulting Manager:
Lead the delivery of Fraud Risk advisory engagements across INSA
Supporting the development of Risk advisory related knowledge and capabilities creating next-generation risk engagement with Visa clients.
Helping in pre-sales/business development content creation and client pitches.
Partner with in-market VCA consultants and data scientists to deliver risk-related advisory engagements
Establish Intellectual Property (IP) risk repository for VCA by capitalizing on learnings from consulting engagements (e.g. build standard methods create library of case studies templatize modeling codes)
Reengineer and/or package risk consulting methodologies and data driven solutions as appropriate ensuring world-class best practices and efficiency through economies of scale
Partner with other Visa functions (e.g. Risk Products) to capitalize on existing risk products/solutions and co-design new ones leveraging Visas assets (expertise data capabilities)
Share methodologies and best practices with other VCA regional teams
Provide deep subject matter expertise and thought leadership by publishing articles and white papers
Why this is important to Visa
With a rapid change in the payment landscape new regulations around Open banking and Open data and the emergence of new Fintech players the payment ecosystem is rapidly evolving and our clients are looking to Visa as the payment experts to help them navigate through the opportunities and challenges that these changes pose. Visa with its global reach and rich transaction data set is ideally positioned to assist issuer and acquirer solve their strategic business problems and drive growth. We are looking for an individual to join us as a Senior Manager Risk Consulting. This individual will support in expanding VCA consulting engagements with our Issuers and Acquirer to drive risk related advisory engagement.
Projects you will be a part of:
The nature of projects this role will play a key role in vary; this would include helping issuers and acquirers solve their most strategic business problems on Risk:
Risk diagnostic - Identify opportunities to optimize risk management
Authorization Optimization - Define optimal authorization strategy with balanced risk control measures
STIP Optimization - Define optimal STIP strategy with balanced risk control measures
Fraud Strategy & Process Optimization - Enhance fraud risk management strategy with optimal detection performance
Fraud Risk Prediction/Scoring - Development of statistical models based on client data to predict the likelihood of fraud occurrence
Fraud Rule Optimization - On-behalf execution of fraud risk management for clients to optimize performance & enhance detections
Innovation - Industry Insights Thought Leadership Strategic Risk Advisory Solutions and Playbooks
Enterprise Fraud Framework & Strategy - Develop future state Fraud Strategy & Framework leveraging global best practices
Acquiring Risk - Merchant on-Boarding & Activation Application Fraud Management
Qualifications :
Basic Qualifications
8 years of relevant experience in Fraud RIsk Risk Management/Analytics either with issuing banks or a risk practitioner in a consulting Firm
Masters degree ideally in a quantitative field (e.g. engineering mathematics science)
Outstanding problem-solving skills with demonstrated ability to think creatively and strategically
Impeccable team player able to gracefully work with and influence people at all levels
Strong financial acumen and understanding of profitability drivers of financial institutions
Excellent communication storytelling and presentation skills
Self-motivated results oriented individual with the ability to handle numerous projects concurrently
Technology-driven mindset digitally curious up to date with digital and technology literature trends
Preferred Qualifications
Curious up to date with Indian payment landscape with a point of view on what & how of client priorities & problems
Experience in fraud risk analytics or hands on experience with one or more data analytics/programming tools preferred
Deep understanding of the consumer fraud risk landscape in India and good understanding of Credit risk
Understanding of risk regulation compliance and organizational implications
Expertise in Fraud Management (prevention detection response)
Understanding of the implications of digital transformation on risk management
Direct relevant experience in consulting roles and or payment / technology firms
Additional Information :
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
