About:
Okratin is a part of the Deel Solutions offering, specialized in global consulting services. Our experts help our customers execute on global projects and are experienced in various domains, including software development, product management, data science, finance, marketing, business development and more.
This project aims to improve the organizations' fraud detection abilities as well as develop and implement a best in class risk strategy through advanced analytical and segmentation techniques.
Key Project Components
- Reporting: Build reports, dashboards for multiple risk metrics with actionable insights
- Forecasting: Build forecasting models for key risk metrics
- Threat Identification: Analyze threat intelligence, assess vulnerabilities, and monitor for anomalies
- Team Leadership and Management: Set objectives, mentor the team, allocate resources and assess performance
Project Success Metrics
- 360 Risk view providing 100% coverage across all products and risk verticals.
- Establishment of real time monitoring
- Development of standardized weekly/ monthly/ quarterly reports for MBRs / Risk Committees.
Responsibilities:
● Build timely and error-free reports and dashboards for various Risk metrics and share actionable insights.
● Develop and finetune forecasting models for key risk metrics like fraud chargebacks to enable management to make corrective decisions to stay within thresholds.
● Present regular risk reports to senior management, highlighting key indicators, trends, and recommended actions.
● Collaborate with cross-functional teams to integrate risk management into business processes and decision-making.
● Develop and apply mathematical or statistical theory using analytic tools (SAS, SQL, etc.) to collect, organize, interpret, and summarize numerical data sets from multiple sources to develop the best-of-class risk strategy in the industry through advanced analytical and segmentation techniques.
● Collaborate with internal and external stakeholders, providing timely and accurate information on risk-related matters.
● Stay updated on industry best practices and emerging trends in fraud detection to enhance the company's fraud prevention capabilities proactively.
● Build and manage a team of risk analysts.
Experience & Qualifications:
- 10+ years of deep expertise in driving risk management strategies and analytics within Banking and Financial Services.
- Track record of leveraging advanced analytics, machine learning, and statistical models to identify, assess, and mitigate risks, ensuring alignment with business objectives.
- Experience extends internationally, involving collaboration with teams across ASEAN, MENA, the UK, and the US
- A proven track record of delivering strategic insights and driving efficiency through technology. Have successfully designed and implemented scalable risk monitoring and tracking solutions, ensuring data integrity and adherence to industry best practices.
- Industry background spans Banking and Financial Services, On-demand Services, Payments, and e-commerce.
- Bachelor’s degree/ Masters required in Data Analytics.
