Product Manager Digital Payments Risk

Product Manager Digital Payments Risk

KreditBee is seeking a skilled Product Manager to own the end-to-end product roadmap for UPI fraud prevention, risk control, and transaction security. This role involves designing and implementing real-time fraud detection systems, rule engines, velocity checks, and anomaly monitoring.

Responsibilities

• Analyze UPI transaction data to identify fraud patterns, emerging MO trends, mule accounts, and behavioral anomalies.
• Collaborate with data science teams to build or refine risk scoring models, fraud signals, and machine-learning based detection.
• Drive root-cause analysis on fraud incidents and implement corrective product solutions to reduce fraud losses.
• Ensure product compliance with NPCI guidelines, RBI instructions, UPI safety frameworks, and partner bank requirements.
• Work closely with engineering, operations, risk teams, and banks to deliver scalable fraud-control features.
• Deliver PRDs/BRDs, dashboards, and performance insights for fraud KPIs such as Fraud Rate, Loss %, and False Positives.
• Prioritize feature development based on fraud risk impact, user experience, and business goals.
• Monitor post-launch impact of fraud-control features and iterate rapidly using data-driven insights.

Skills and Qualifications

• Strong understanding of UPI systems, PSP/TPAP workflows, NPCI APIs, and digital payments architecture.
• Experience in fraud prevention, AML, transaction monitoring, risk management, and financial crime systems.
• Ability to analyze large transaction datasets using SQL, dashboards (Redash), and fraud-analytics tools.
• Working knowledge of risk scoring models, rule engines, behavioral biometrics, device binding, and velocity checks.
• Ability to write clear PRDs, workflows, risk rules, and detailed product specifications.
• Strong product sense with the ability to balance risk control, customer experience, and business impact.
• Excellent problem-solving, stakeholder management, and decision-making skills in high-ambiguity environments.
• Technical familiarity with APIs, data pipelines, microservices, and real-time event processing systems.
• Strong communication skills with a detail-oriented, risk-first mindset and a bias for execution.

Experience & Education

• 3-5 years experience for PM role & 5-8 years experience for SPM role.
• Experience in a fast-paced startup environment.
• B.Tech/ B.E / MCA from tier 1 / tier 2 institutes. MBA optional.

Key skills/competency

• Product Management
• Digital Payments
• UPI Fraud Prevention
• Risk Management
• Data Analysis
• SQL
• Machine Learning
• APIs
• Rule Engines
• Stakeholder Management