KhataBook - Fraud Detection Specialist/Fraud Control Specialist (4-6 yrs)

About Company :

Khatabook is India's largest business management platform. We exist to empower India's 60 Million strong MSMEs. Our users' motives, methodology, expectations and behaviour are significantly different from our own when they interact with the internet and technology ecosystem which makes it harder to build for them. Khatabook enables MSMEs merchants to grow their businesses digitally without any hassle by using our easy-to-use platform and avail credit. As the world moves online, we at Khatabook are making sure the small and medium businesses are part of this digital revolution too. With our digital applications, payments interface and lending products we aim to empower these merchants with the internet and make doing business easy for

As more businesses are adopting digital for business than ever before, Khatabook's goal can be summed up simply - Empowering merchants by simplifying their business by:

- Building a complete business management platform.

- Helping businesses increase their incomes by providing them the power of technology and ammunition of insights & digital reports.

- Offering a platform catering to the specific needs of the MSME space.

We are an equal opportunity workplace. We expect your authentic, original selves at work always and stand against discrimination on the basis of caste, creed, gender, religion or background.

Website - https://khatabook.com/about/

Are you passionate about solving roadblocks & challenges faced by MSMEs in India?

- MSMEs contribute significantly to India's total GDP. 90% of India's ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs). Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country. We at Khatabook, have a vision to empower MSMEs and help them increase their incomes.

- We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow. Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior. Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.

Why work with us?

People are our biggest asset! At Khatabook, every one of us is a dynamic superstar. We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground. We're a strong team that looks out for each other.

Are you ready to take on a thrilling challenge and make a real impact?

At Khatabook, we're on the hunt for a Fraud Detection Specialist to join our dynamic and fast-paced team! If you thrive in a high-energy environment, love working with data, and are eager to grow and learn every day, this is the opportunity for you. Come be part of a culture that's all about innovation, collaboration, and driving results-join us at Khatabook and help shape the future of fintech!

What would you do at Khatabook?

- As the FCU Lead, you will play a critical role in safeguarding Khatabook's lending operations by designing, implementing, and managing fraud prevention frameworks. You will analyze risks, detect potential fraud patterns, and ensure the integrity of our lending processes.

- This role requires an experienced professional with a sharp eye for detail and a knack for data-driven problem-solving.

- Develop and execute fraud trigger frameworks for Khatabook's lending operations.

- Identify and mitigate risks related to documentary, identity, and transaction fraud or manipulation.

- Perform data handling and root cause analysis to uncover fraud trends and patterns.

- Lead and mentor a small team (2-4 members) of on-roll/off-roll personnel to ensure effective fraud control operations.

- Collaborate with cross-functional teams to enhance fraud prevention mechanisms and improve operational efficiency.

What are we looking for ?

- Experience: 5+ years of relevant experience in fraud control roles within banks or NBFCs, specifically on the lending side (not liabilities or payments).

- Skillset: Proven expertise in building and implementing fraud detection frameworks.

- Fraud Detection: Strong capability in detecting documentary, identity, and transaction frauds/manipulations.

- Data Analysis: Proficient in data handling and conducting root cause analyses to identify fraud triggers.

- Team Leadership: Experience managing a small team of 2-4 on-roll/off-roll personnel.

- Industry Knowledge: In-depth understanding of fraud risks and mitigation practices in the lending domain.