Central Risk Leader Prevention Systems

About the Role

The Central Risk Leader Prevention Systems role at YES BANK focuses on developing and implementing enterprise-wide fraud risk management strategies.

Key Responsibilities

• Develop and implement enterprise-wide fraud risk management strategies aligned with business objectives and regulatory requirements.
• Establish governance frameworks, policies, and procedures for fraud risk prevention, detection, and response.
• Collaborate with senior leadership to embed fraud risk culture across the organization.
• Lead the design, deployment, and optimization of fraud detection and prevention systems (transaction monitoring, AI/ML models, early warning signals, etc.).
• Evaluate and implement advanced fraud management technologies, ensuring integration with core banking, payments, and digital channels.
• Partner with IT and vendors for system upgrades, automation, and real-time fraud monitoring solutions.
• Conduct enterprise-wide fraud risk assessments and scenario analysis.
• Use advanced analytics, data mining, and trend analysis to identify potential fraud typologies.
• Develop fraud risk dashboards and reporting for management and regulators.
• Ensure timely and proper closure of tickets raised to BSG for production issues, errors highlighted for SFDC & Finnone systems.
• Timely escalations as per requirement.
• Liaise with internal stakeholders (Operations, Compliance, Legal, Risk, Audit, Business teams) to align fraud strategies with operational needs.
• Partner with regulators, law enforcement agencies, and industry bodies to stay updated on emerging fraud risks and typologies.
• Act as subject-matter expert on fraud systems and strategy for internal/external audits.
• Project execution and completion by agreed TAT in Falcon for existing channel migration.
• Execute and complete incremental channels integration with Falcon with API banking, PPI, Yes Pay leaf.
• Tracking of System Issues across EFRM systems.
• Driving, participating in projects/initiatives aligning with organizational goals.

Requirements & Tech Stack

• Fraud risk management strategies
• Fraud prevention, detection, and response
• Fraud detection and prevention systems
• AI/ML models
• Fraud management technologies
• Core banking, payments, and digital channels integration
• IT and vendor collaboration
• Fraud risk assessments and scenario analysis
• Advanced analytics
• Data mining
• Trend analysis
• Fraud risk dashboards and reporting
• BSG ticket tracking & closure
• SFDC & Finnone systems
• Falcon
• API banking
• PPI
• Yes Pay
• EFRM systems
• Internal stakeholders (Operations, Compliance, Legal, Risk, Audit, Business teams)
• Regulators, law enforcement agencies, and industry bodies
• Subject-matter expertise on fraud systems and strategy

Qualifications

• BS degree (implied by "BSG Ticket tracking")