Lead Fraud Risk Analyst

🗓️ Posted 2026-08-19 Bangalore Hybrid 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