Senior Executive FRM

Location: Mumbai

Company Overview

Worldline is a global leader in payment services, providing cutting-edge solutions for financial institutions, merchants, and corporations. As a key player in the digital transformation of payments and transactions, we deliver secure, trusted, and innovative services that empower businesses and drive growth in a rapidly evolving marketplace.

Position Summary

The Senior Executive for Fraud Risk Management will be responsible for developing and implementing robust fraud monitoring and prevention strategies across Worldline's payment services. This role will focus on safeguarding our portfolio against financial crimes through effective AML screening and transaction monitoring, while ensuring regulatory compliance and minimizing financial losses.

Key Responsibilities

• Develop and enhance fraud detection systems and controls for payment transactions processing
• Design and implement effective AML screening procedures and transaction monitoring frameworks
• Lead the analysis of transaction patterns to identify potential fraud and financial crime activities
• Collaborate closely with compliance teams to ensure adherence to regulatory requirements related to AML/CTF
• Conduct comprehensive risk assessments and implement appropriate risk mitigation strategies
• Lead investigations into suspicious transactions and coordinate appropriate responses
• Develop and maintain fraud risk policies, procedures, and guidelines
• Manage relationships with internal stakeholders, regulatory bodies, and card schemes
• Provide regular reporting on fraud trends, risks, and mitigation strategies to senior management
• Contribute to the continuous improvement of Worldline's fraud management framework
• Mentor team members in fraud prevention methodologies and best practices

Required Qualifications

• Bachelor's degree in Finance, Business, Economics, Risk Management, or relevant field (Master's degree preferred)
• Minimum 5 years of experience in risk management within the financial services or payment industry
• 2-3 years of specific experience in AML Screening and FRM Transaction Monitoring field
• Experience in fraud prevention related to either Issuance or Acquiring portfolio within the payment industry
• Strong understanding of payment industry regulations and card scheme compliance requirements
• Expertise in fraud detection tools, transaction monitoring systems, and screening methodologies
• Experience in leading fraud investigations and implementing preventive measures
• Knowledge of financial crime typologies and emerging fraud trends in the payment sector

Technical Skills

• Proficiency in fraud management systems and transaction monitoring tools
• Experience with AML screening platforms and systems
• Strong data analytics capabilities for fraud pattern recognition
• Knowledge of payment processing systems and protocols
• Understanding of machine learning techniques for fraud detection

Behavioral Competencies

• Strong analytical thinking and problem-solving abilities
• Excellent communication and stakeholder management skills
• Ability to work under pressure in a fast-paced environment
• Proactive approach to risk identification and mitigation
• Team leadership and ability to coach and develop others
• Detail-oriented with high level of accuracy
• Collaborative mindset with ability to work across functions

Languages

• Proficient in English (both written and verbal)
• Additional languages beneficial depending on location

We Offer

• Competitive salary and benefits package
• Professional development opportunities within a global payment leader
• Collaborative and innovative work environment
• Career growth across multiple geographies and business lines
• Learning and development programs through Worldline Academy
• Opportunity to work on cutting-edge payment solutions

Diversity Statement

At Worldline, we are committed to diversity and inclusion in our recruitment practices and workplace culture. We value different perspectives and experiences and actively work to create an environment where all employees can thrive and contribute to their fullest potential. We encourage applications from all qualified candidates regardless of gender, ethnicity, disability, sexual orientation, age, or religious background.