Team Member-Enhanced Due Diligence-HO &… at Kotak… · Mumbai

Role Overview

We are seeking a dynamic Techno-Functional Team Member to support and deliver key initiatives within the Transaction Screening domain. The role requires close collaboration with both functional (risk, operations) and technical (IT, engineering) stakeholders to drive implementation of fraud prevention strategies, integrate new transaction channels, and enhance operational efficiency while ensuring regulatory compliance

Job Description: Techno-Functional Team Member – Fraud Risk Management (FRM)

Responsibilities

Key Responsibilities

1. Project Delivery & Implementation

• Collaborate with cross-functional stakeholders to deliver critical FRM projects
• Support integration of new channels (e.g., digital, cards, payments, UPI, APIs) with fraud monitoring systems
• Translate business requirements into technical specifications and vice versa
• Ensure timely delivery of projects with high quality and adherence to defined timelines

2. Fraud Risk & Process Optimization

• Identify process gaps and vulnerabilities in existing fraud detection and prevention workflows
• Propose and implement risk mitigation strategies
• Support development and fine-tuning of fraud rules, alerts, and models
• Participate in fraud incident analysis and root cause identification

3. Stakeholder Management

• Work closely with:
  • Fraud Risk & Operations teams
  • Technology/Engineering teams
  • External vendors (if applicable)
• Act as a bridge between business and IT, ensuring alignment and clarity

4. System & Data Analysis

• Analyze large volumes of transactional and fraud-related data
• Support testing, UAT, and validation of FRM system enhancements
• Assist in system monitoring and performance optimization

5. Regulatory & Compliance Support

• Ensure adherence to regulatory requirements and internal policies
• Assist in implementation of compliance-driven changes
• Maintain proper documentation for audits and governance

6. Operational Efficiency Improvement

• Recommend and support automation of manual processes
• Drive initiatives to improve alert handling, fraud detection accuracy, and operational turnaround time

Qualifications

Required Skills & Competencies

Technical Skills

• Understanding of fraud risk systems / fraud management platforms
• Basic knowledge of:
  • SQL / database concepts
  • APIs / system integration
  • Data analysis tools (Excel, Python preferred but optional)
• Familiarity with banking systems, payments, or digital channels is a plus

Functional Skills

• Strong understanding of fraud risk lifecycle and controls
• Ability to analyze business processes and identify gaps
• Knowledge of banking and financial services domain

Soft Skills

• Strong analytical and problem-solving skills
• Excellent communication and stakeholder management
• Ability to work in a fast-paced, high-impact environment
• Attention to detail and risk-oriented mindset

Eligibility Criteria

• Education: Bachelor’s degree in Engineering / Computer Science / Information Technology or equivalent
• Experience: 1 to 5 years of relevant experience in:
  • Technology / IT domain
  • Preferably in banking, fintech, or risk management areas

Success Metrics

• Successful delivery of FRM initiatives on time
• Reduction in fraud incidents / improved detection rates
• Improved operational efficiency and reduced manual efforts

Compliance adherence with zero audit observations