Fraud Analytics

About the position

DS Technologies Inc is looking for a Fraud Analytics role for one of our premier clients. We are a company that provides innovative, transformative IT services and solutions. We are passionate about helping our clients achieve their goals and exceed their expectations. We strive to provide the best possible experience for our clients and employees. We are committed to continuous improvement and innovation, and we are always looking for ways to improve our services and solutions. We believe in working collaboratively with our clients and employees to achieve success.

Responsibilities

• Investigate flagged transactions and recommend risk threshold adjustments based on Client behaviors.
• Work with the Client’s team to provide recommendations across the Client’s various fraud rules decisioning tools and systems.
• Conduct a review of the Client’s current fraud rules by transaction type and customer segment.
• Identify gaps, inefficiencies, and potential areas for improvement in collaboration with the Client’s fraud management leadership team.
• Evaluate and refine existing fraud rules across transaction types (e.g., card-present, card-not-present).
• Simplify and streamline complex rules in VRM.
• Recommend a rule strategy for high-risk merchants, unusual transaction behavior, and cross-border activity that employs velocity rules.
• Back-test rules using historical data while measuring impact to key KPIs.
• Recommend risk appetite for different categories of transactions (e.g., CP, CNP, XB).
• Develop a rule framework for treatment across various cardholder segments, with a focus on minimizing fraud losses while balancing cardholder experience (e.g., knockout rules, rules for manual review, escalations, exclusions, etc.).
• Map and analyze the interaction between existing tools and platforms.

Requirements

• Minimum 4 years of experience in Fraud Strategy.
• Overall experience of 4-8 years
• Experience in credit / debit card fraud.
• IIM, IIT, NIT or BITS background