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Lead Fraud Risk Analyst
Banking Financial Services
Company shared salary
NA
Market rate
₹150,000–₹250,000/mo (₹1,800,000–₹3,000,000/yr)
Based on similar roles (title + domain + location).
About the Company
Toast creates technology to help restaurants and local businesses succeed in a digital world, helping business owners operate, increase sales, engage customers, and keep employees happy.
Responsibilities
- ● Build and implement early warning systems to proactively detect signs of merchant risk and transaction anomalies
- ● Analyze internal data to identify patterns of merchant degradation or irregular transaction behavior
- ● Design and execute custom monitoring strategies based on unique merchant profiles and risk indicators
- ● Take fast, informed actions based on emerging risk signals, consulting with Leadership and Risk stakeholders as needed
- ● Collaborate with Sales, Account Management, fraud ops teams to contextualize data findings with real-world merchant relationships
- ● Conduct research to uncover and assess counterparty debt levels or financial stress indicators
- ● Develop and maintain data queries and visualizations to monitor large exposures, fraud risks, or operational anomalies
- ● Partner with Risk Strategy, Underwriting, and Data teams to continuously refine risk detection logic and tools
- ● Contribute to the design of transaction anomaly detection systems and alerting frameworks for proactive intervention
- ● Perform fraud review independently
Requirements
- ● Bachelor's degree in Finance, Business, Data Analytics, Economics, or a related field
- ● 5+ years of experience in transaction monitoring, risk analytics, fraud detection or credit risk management
- ● Experience in fintech, payments, lending, or transaction monitoring platforms
- ● Strong data analysis and investigative skills with a focus on behavioral pattern recognition
- ● Proficiency in SQL and analytics platforms such as Looker, Hex, Snowflake and Python
- ● Python and SQL are mandatory
- ● Strong communication skills and ability to translate technical findings into business context
- ● Ability to work cross-functionally in a fast-paced, dynamic environment with minimal supervision
- ● Strong analytical and problem-solving skills with high attention to detail
- ● Excellent written and verbal communication skills
- ● Ability to work independently and as part of a team in a fast-paced environment
- ● Experience in retail sector
- ● Understanding of merchant or SMB-related risk dynamics, including sector or geographic exposure risk
- ● Leveraging AI for advanced analytics and reporting
- ● This is a hybrid role with 2 days per week in the Bangalore office
- ● Familiarity with anomaly detection techniques and machine learning-based risk scoring is a plus, but not required
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