Fraud Risk Practice
Visa · Mumbai Metropolitan Region
- On site
- Full-time
- ₹2,500,000 / year
- Mumbai Metropolitan Region
Job highlights
- Lead fraud risk advisory engagements for Visa clients.
- Develop next-generation risk solutions and capabilities.
- Support business development and client pitches.
- Collaborate with consultants and data scientists.
- Drive impactful projects in fraud risk management.
About the role
About Us
Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid. At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world. Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you.
Job Description
Team Summary
Visa Consulting and Analytics (VCA) drives tangible, impactful and financial results for Visa’s 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 Visa’s 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 Senior Manager Fraud Risk Consulting, Visa Consulting & Analytics does at Visa:
The Senior Manager Fraud Risk Consulting is responsible for delivering Risk advisory services to Visa’s 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 Senior Manager Risk Consulting
- Lead the delivery of Fraud Risk advisory engagements across INSA
- Support the development of Risk advisory related knowledge and capabilities, creating next-generation risk engagement with Visa clients.
- Help 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 Visa’s 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
This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
Qualifications
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.
Key skills/competency
- Fraud Risk Management
- Risk Consulting
- Payments Ecosystem
- Data Analytics
- Client Advisory
- Business Development
- Strategic Planning
- Financial Services
- Risk Assessment
- Regulatory Compliance
Skills & topics
- Fraud Risk Management
- Risk Consulting
- Visa Consulting
- Payments Industry
- Financial Services
- Senior Manager
- Advisory Services
- Data Analytics
- Client Engagement
- Business Development
How to get hired
- Tailor your resume: Highlight your fraud risk expertise and consulting experience relevant to the payments industry.
- Craft a compelling cover letter: Emphasize your understanding of Visa's mission and your ability to drive impactful client solutions.
- Prepare for case studies: Be ready to discuss your experience in risk diagnostics, fraud strategy, and authorization optimization.
- Demonstrate analytical skills: Showcase your ability to use data and risk expertise to unlock business value for clients.
- Research Visa's culture: Understand their commitment to innovation and client success in the payments landscape.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary focus of the Senior Manager Fraud Risk Consulting role at Visa in India?
- The Senior Manager Fraud Risk Consulting role at Visa in India focuses on delivering expert advisory services to Visa's clients (Issuers, Acquirers, and Merchants) specifically within the Fraud Risk domain. This involves leading engagements, developing new risk capabilities, and contributing to business development efforts to help clients navigate the evolving payments landscape.
- What kind of client projects can I expect as a Senior Manager Fraud Risk Consulting at Visa?
- As a Senior Manager Fraud Risk Consulting, you can expect to work on a variety of impactful projects. These include risk diagnostics, authorization and STIP optimization, fraud strategy and process optimization, fraud risk prediction/scoring, fraud rule optimization, and developing enterprise fraud frameworks. You will also be involved in innovation, thought leadership, and acquiring risk management.
- What qualifications are most important for the Senior Manager Fraud Risk Consulting position?
- The most important qualifications include significant expertise in Fraud Risk management, ideally gained within a bank or specialized consulting firm. Strong analytical skills, a track record of using risk expertise to create business value, and experience in leading advisory engagements are crucial. Familiarity with the payments ecosystem and consulting methodologies is also highly valued.
- How does Visa Consulting & Analytics (VCA) contribute to client success?
- VCA drives tangible, impactful, and financial results for Visa's network clients by leveraging expertise in strategy consulting, data analytics, and the payments industry. They solve strategic problems for clients in areas like profitability, growth, customer experience, digital payments, and risk management, ensuring Visa is a preferred brand and outstanding business partner.
- What is the work arrangement for the Senior Manager Fraud Risk Consulting role?
- This is a hybrid position. The specific expectation for days in the office will be communicated and confirmed by your hiring manager. This allows for a balance between remote work flexibility and in-person collaboration.
- How can I best prepare my resume for the Senior Manager Fraud Risk Consulting role at Visa?
- To best prepare your resume, focus on quantifying your achievements in fraud risk management and consulting. Highlight specific projects where you optimized fraud strategies, reduced risk, or improved client profitability. Emphasize leadership experience, client-facing skills, and any contributions to intellectual property or best practice development within your previous roles.