Senior - Fraud Risk Management

About KPMG in India KPMG entities in India are professional services firms affiliated with KPMG International Limited. Established in August 1993, KPMG leverages a global network of firms while remaining knowledgeable about local laws, regulations, markets, and competition. With offices in multiple cities across India, including Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara, and Vijayawada, KPMG offers services to national and international clients across various sectors. The firm strives to deliver rapid, performance-based, industry-focused, and technology-enabled services that demonstrate a deep understanding of both global and local industries and the Indian business environment. Job Title: Business Analyst Fraud Analytics & Intelligence Systems (Banking Domain) Location: Hyderabad (Onsite) Duration: Not defined Experience Required: 3-6 years Number of Positions: 2 Start Date: Immediate Role Overview: We are seeking experienced Business Analysts to assist in implementing fraud analytics and market intelligence systems within the banking sector. The Business Analysts will play a crucial functional role in the end-to-end implementation of a solution akin to Early Warning Systems (EWS), AML Transaction Monitoring, or Fraud Risk Management platforms. Key Responsibilities: - Lead the preparation of the Business Requirements Document (BRD) in collaboration with stakeholders. - Conduct gap analysis, process mapping, and fraud risk scenario modeling. - Ensure accurate data mapping from internal banking systems (e.g., CBS, Trade Finance, Treasury) and validate data quality. - Collaborate with technical teams and data scientists to support model validation, risk scoring logic, and fraud detection workflows. - Define and execute User Acceptance Testing (UAT) scenarios and test cases. - Coordinate with vendors and internal teams to ensure seamless integration with external data sources (e.g., MCA, CRILC, credit bureaus, media aggregators). - Support the creation of dashboards and reports for Market Intelligence and Fraud Monitoring. Required Skills & Experience: - 4-6 years of experience as a Business Analyst in the Banking or Financial Services domain. - Proven experience in implementing systems such as AML Transaction Monitoring, Fraud Risk Management (FRM), and Early Warning Systems (EWS). - Strong understanding of banking data structures, credit risk, fund flow analysis, and fraud typologies. - Familiarity with external data integration for generating market intelligence. - Experience in functional documentation, UAT coordination, and stakeholder management. - Knowledge of regulatory frameworks such as RBI, SEBI, FIU-IND. - Excellent communication, analytical, and problem-solving skills. Tools & Technologies (Preferred): - Exposure to tools like SAS, Actimize, Amlock, rt360, or similar. - Experience with BI tools (Power BI, Tableau) and SQL / data querying tools is a plus. QUALIFICATIONS: - MBA, CA, or BTech (with previous experience in fraud management). Equal employment opportunity information **Note: This job description is a summary and may not encompass all details of the position.**,