Risk Analyst

PhonePe Group is seeking a Risk Analyst to join their team in Bangalore. The Risk Analyst will work with data to identify patterns and anti-patterns related to risk activity, including fraud, AML, identity theft, KYC, and non-compliant activity. They will define, develop, and communicate key metrics for monitoring risky activity across various business aspects. The analyst will model data, conduct quantitative analysis, and provide actionable insights to stakeholders, while upholding PhonePe's principles and customer interests.

The Risk Analyst will collaborate with cross-functional teams, including Engineering, Product, Operations, and Business teams, to develop fraud risk solutions. They will also analyze data to recommend anti-fraud processes for changing transaction patterns and trends.

Responsibilities:

• Work with data to understand patterns and anti-patterns to determine risk activity.
• Define, develop and communicate key metrics that need to be monitored.
• Model data and quantitatively analyze that translates data into actionable insights.
• Analyze data to recommend anti-fraud processes for changing transaction patterns and trends.
• Provide support to cross functional teams in their ad-hoc risk analytics requests.
• Work closely with Engineering, Product, Operations & Business teams to develop fraud risk solutions.

Requirements:

• Bachelor’s in engineering or Master's degree in Management, Maths, Statistics or related quantitative discipline.
• 1-2 years of experience in data analytics / risk analytics / business analytics.
• Proficient in SQL.
• Excellent Excel skills.
• Strong quantitative abilities, distinctive problem-solving and excellent analytical skills.
• Strong organisational, communication, presentation and project management skills.
• Good working knowledge of programming languages like SAS, Python, R.
• Theoretical and practical knowledge of statistical techniques such as regression, segmentation, forecasting.
• Working experience with BI tools (QlikView/Tableau/PowerBI/ QlikSense etc) will be an added advantage.

PhonePe offers:

• Insurance Benefits
• Wellness Program
• Parental Support
• Mobility Benefits
• Retirement Benefits
• Other Benefits