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Fraud Analytics || Mumbai || WFO

India Permanent View Job Description
Looking for experienced ML professional to design and deploy scalable fraud detection and risk analytics solutions within the Fraud & Operational Analytics team. The role focuses on building production-grade ML systems that drive fraud prevention, operational efficiency, and risk mitigation across banking products.
  • work in one of the largest Banks
  • Work in a competitive environment

About Our Client

One of India's fast-growing private sector universal banks

Job Description

  • Analyze large-scale transactional and behavioral datasets to identify fraud patterns and risk signals.
  • Design, develop, and optimize ML models for: Fraud detection (classification), Anomaly detection (unsupervised/semi-supervised), Risk scoring systems
  • Engineer high-impact features from structured and alternate data sources.
  • Address challenges such as class imbalance, data drift, and evolving fraud typologies.
  • Define model evaluation frameworks.
  • Develop scalable training pipelines and collaborate on production deployment (batch & real-time).
  • Implement model monitoring, retraining, and explainability (e.g., SHAP-based analysis).
  • Partner with Risk and Business teams to translate open-ended fraud problems into deployable solutions.

The Successful Applicant

  • 3-6 years of experience in Fraud Analytics, Risk Modeling, Fintech, or Banking.
  • Strong expertise in: Supervised & unsupervised learning, Statistical modeling and hypothesis testing, Imbalanced dataset techniques, Model performance optimization
  • Hands-on proficiency in: Python, Pandas, NumPy, Scikit-learn, XGBoost / LightGBM, TensorFlow or PyTorch

What's on Offer

  • Competitive salary range
  • Generous holiday leave policy.
  • Opportunity to work in a reputed financial services organization in Mumbai.
  • Exposure to cutting-edge analytics and fraud detection tools.
  • Collaborative work culture with growth opportunities.



If you are passionate about analytics and aspire to make an impact in the financial services sector, apply now to join the team in Bandra (East), Mumbai

Quote job ref
JN-062026-7049612

Job summary

Function
Information Technology
Sub Sector
Algorithm
What is your area of specialisation?
Financial Services
Location
India
Job Type
Permanent
Job Reference
JN-062026-7049612

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.