Develop real time and batch risk models to screen online transactions and stop fraudulent ones
Document and communicate model results and insights internally.
Continuously track and evaluate the effectiveness of risk models and rules
Analyze online transaction activity to identify loss reduction opportunities and devise actionable plans to exploit such opportunities
Profile customer behavior to identify opportunities to enhance model/rule performance
Role Requirements
Preferably Master's degree or Graduate degree in quantitative related field (Statistics, Math, Operations Research, MS, M-tech, B-tech etc) required with proven track record in using advanced quantitative and statistical technique. Minimum bachelor's degree in quantitative field required.
5+ years of relevant experience. Data analytics related Master thesis or certified coursework projects will add additional value.
Strong problem solving and analytical skills
Strong communication skills to convey fraud insight
Ability to analyze problems and produce justification to enhance fraud decisions.
SQL and at-least one of the Python/R programming experience and aptitude to learn on the job.
Working knowledge of developing predictive models like logistic regression, decision tree etc and machine learning techniques
Intermediate knowledge of Microsoft Excel/Power BI/PPT
Exposure to cloud systems like AWS Sagemaker/ Dataiku is preferred
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Benefits
Your India specific benefits include:Employees Provident Fund [EPF]Gratuity PaymentPublic holidaysAnnual Leave, Sick leave, Compensatory leave, and Maternity / Paternity leaveAnnual Health Check upHospitalization Insurance Coverage (Mediclaim)Group Life Insurance, Group Personal Accident Insurance Coverage, Business Travel InsuranceCab FacilityRelocation BenefitHealth insuranceFlexible schedule
Additional Information
Senior Scientist, Decision Sciences- Pune India
Are you ready to join a growing Decision Sciences team in a global company that customers depend on to prevent fraudulent transactions? Do you want to work in a role that has a direct impact on our customer experience? Join Western Union as Senior Scientist, Decision Sciences.
Western Union powers your pursuit.
The Decision Scientist will be part of the Decision Sciences team responsible for managing fraud losses while optimizing revenue opportunities on online Western Union transactions. In this role you will use your analytical skills to develop and maintain a suite of risk models and rules to ensure our customers, as well as Western Union, are protected against fraud.
Westernunion · India