Senior Business Analyst - Payment Fraud Detection & Prevention

Senior Business Analyst - Payment Fraud Detection & Prevention

We are seeking highly experienced Senior Business Analysts specializing in Payment Fraud Detection & Prevention. The ideal candidate should have extensive expertise in fraud risk management, payment fraud detection systems, and prevention strategies. They should be capable of conducting reverse knowledge transfer (KT) to our internal teams, ensuring knowledge sharing of best practices, fraud detection frameworks, and industry trends.

Key Responsibilities:

• Conduct reverse knowledge transfer (KT) sessions to educate internal teams on payment fraud detection and prevention best practices.
• Analyze fraud trends, attack vectors, and payment fraud risk scenarios across different payment channels (credit/debit cards, digital wallets, real-time payments, cross-border transactions, etc.).
• Work closely with fraud risk teams, compliance officers, and technology teams to enhance fraud detection capabilities.
• Define and document business requirements for fraud detection solutions and risk-based authentication mechanisms.
• Identify fraudulent transaction patterns and develop strategies for proactive fraud prevention.
• Evaluate and recommend AI/ML-based fraud detection solutions and transaction monitoring tools.
• Collaborate with external fraud detection solution providers to integrate fraud risk management systems.
• Ensure compliance with regulatory requirements related to payment fraud (e.g., PCI-DSS, PSD2, AML, KYC).
• Lead fraud prevention initiatives and process improvements to minimize fraud losses.