Associate, Specialist, Fraud Operations, Consumer Banking

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai

Job Description

M
Mavensworld Training Advisory Services Private L


Product Manager - Banking
Mavensworld Training Advisory Services Private L • Mumbai, Maharashtra • via IIM Jobs
Full–time
Apply on IIM Jobs
Apply directly on Jobaaj
Job description
Job Title: Product Manager (Banking)

Location: Mumbai

Duration: 6 Months (Contract)

About Company:

It is a leading global management consulting firm known for its expertise in strategic advisory services. With operations in over 130 cities across more than 65 countries, they assists businesses, governments, and institutions in solving complex problems and achieving sustainable growth. The firm offers a wide range of services, including strategy, operations, digital transformation, marketing, and risk management, utilizing a data-driven and analytical approach. Renowned for its impact and innovation, they serves a diverse clientele, from large corporations to non-profits and governmental organizations, helping them navigate challenges and capitalize on opportunities in a rapidly changing world.

Key Responsibilities:

- Lead the end-to-end product management process for digital banking products, from ideation to launch and beyond.

- Collaborate with cross-functional teams including engineering, design, marketing, and operations to ensure seamless product delivery.

- Define and prioritize the product roadmap in line with business goals and customer needs.

- Conduct market research and analyze competitor offerings to drive innovation in the digital product suite.

- Ensure compliance with banking regulations and work closely with legal and risk management teams.

- Gather and incorporate customer feedback to enhance product features and functionality.

- Monitor product performance, track KPIs, and implement improvements to drive user engagement and adoption.

- Drive agile methodologies and work in sprint cycles to deliver key features efficiently.

Key Requirements:

- 3-8 years of experience in product management, specifically within a bank or financial services organization.

- Proven experience in building and launching digital products (e.g., mobile banking apps, digital wallets, or online banking platforms).

- Strong understanding of banking processes, regulatory environments, and customer experience in financial services.

- Excellent project management skills with experience in agile product development.

- Analytical mindset with the ability to work with data to drive decision-making.

- Strong communication and stakeholder management skills.

- Bachelor's degree in business, engineering, or a related field; MBA is a plus.

Preferred Skills:

- Experience with customer journey mapping, UX/UI design principles, and A/B testing.

- Familiarity with API-driven product development and fintech integrations.

- Knowledge of digital payment systems, loans, or wealth management products.
Report this listing
More jobs at Mavensworld Training Advisory Services Private L
See web results for Mavensworld Training Advisory Services Private L

DBS Bank


Associate, Specialist, Fraud Operations, Consumer Banking
DBS Bank • Mumbai, Maharashtra • via Glassdoor
8 days ago
Full–time
No Degree Mentioned
Apply on Glassdoor
Apply on SimplyHired
Apply on LinkedIn
Apply on Adzuna
Apply on Jobrapido.com
Apply on Recruit.net
Job description
Business FunctionGroup Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Job Purpose: -

With growing number of transactions in cards and digital platform hiring resources who will be responsible for the prevention and detection of potential fraud across all payment channels by reviewing customers transactions / accounts and they will monitor system alerts daily and take necessary action to protect customers and the bank.

Key Accountabilities: -
• Responsible for developing and implementing action plans for detecting fraudulent activities.
• Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process.
• Timely review of Fraud and Authorization rules/parameters in respective systems based on Analysis of new fraud trends.
• Ensure compliance with all laid down policies and procedures for smooth operations of unit.
• Initiatives to enhance approval rates.

Job Duties & responsibilities: -
• Building model for fraud monitoring and provide training to subordinates to efficiently manage fraud monitoring process
• To ensure investigation is completed & closure report is issued within TAT from the date when case is referred
• Implementation of fraud rules in systems based on Analysis of new fraud trends.
• Monitor real time queues and identify high risk transactions within acceptable turnaround time
• Recommend anti-fraud processes for changing transaction patterns and trends.
• Process and approve authorization requests
• Handle enquiries and complaints from Merchants and Cardholders; undertake investigative and follow-up action to ensure that complaints are properly resolved.
• Educate Merchants on the correct card acceptance and authorization procedures.
• Attend to and process Lost/Stolen Card reports from Cardholders
• Carry out fraud monitoring and take pro-active follow-up actions to mitigate fraud losses
• Consistently adopt group Investigation Standards & procedures
• Contact cardholders to verify transaction
• Ensure submission of pertinent information / reports on confirmed fraud transactions.
• Monitor personal and team performance and identify ways to improve team performance and service standards.
• Willing to work in shifts (24/7) based on team requirements
• Actively review and streamline operation processes
• Pro-actively display teamwork and co-operation with each other in a harmonious manner to achieve excellent service quality and standards.
• Check & maintain necessary MIS data, reports, files, records or movements.
• Provide necessary administrative support in the processing of authorization- related tasks.
• Provide timely updates to BU/SU/Team Lead.

Required Experience: -
• Associate – 4-6 years, Analyst – 2-4 years, in similar profile
• Proficient in English with good interpersonal and communication skills
• Willing to do shift duties (24/7 set up).

Education / Preferred Qualifications: -Commerce Graduate

Core Competencies: -

Fraud Detection Skills, Risk Management, Communication Skills, Problem Solving Skills etc.

Technical Competencies: -

Investigation, Data Analytics etc.

Work Relationship: -
• Support and maintain good working relationship with below units in timely investigations to process customer’s fraudulent transactions claims.
• Internal workstreams like CBG Business Unit/ Product/ CCTR/ Operations etc.
• External workstreams like Intellect/ Verinite/ M2P vendor etc.

DBS India - Culture & Behaviors: -
• Drive Performance Through Value Based Propositions
• Ensure Customer Focus by Delighting Customers & Reduce Complaints
• Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
• Enhance Knowledge Base, Build Skill Sets & Develop Competencies
• Invest in Team Building & Motivation through Ideation & Innovation
• Execute at Speed While Maintaining Error Free Operations
• Develop a Passion for Performance to Grow Talent Pool
• Maintain the Highest Standards of Honesty and Integrity

💡 Quick Summary

Seeking a career-building opportunity? The Associate, Specialist, Fraud Operations, Consumer Banking position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: DBS Bank

Frequently Asked Questions

Click the Apply Now button on this page, login or register for free on CallCenterJob.co.in, fill in your name, mobile number, city, and experience, then submit your application. The recruiter will contact you directly.
The expected salary for Associate, Specialist, Fraud Operations, Consumer Banking in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Associate, Specialist, Fraud Operations, Consumer Banking is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Associate, Specialist, Fraud Operations, Consumer Banking. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
Yes, CallCenterJob.co.in is completely free for job seekers. Never pay money to apply for any job. If anyone asks for payment to process your application, report it immediately using the "Report this Job" button.

Similar Openings

  • Senior Software Engineer |React| nodejs

    Responsible for development of new highly-responsive, web-based user interface • Construct visualizations that are able to depict vast amounts of data • Work and collaborate with the rest of the engineering team • Work with product team and graphic d...

    Full Time / Part Time

    Salary Estimated: 15K to 21K

    Bengaluru, Karnataka

    August 4, 2026


    Apply Now

  • Application Support Specialist

    Job title: Application Support Lead Exp : 3-14 Years Location : Mumbai ( Andheri ) Hands on experience: Role Details: 15 + years’ experience in application production support team for all Banking applications, 5 years’ experience in team management ....

    Full Time / Part Time

    Salary Estimated: 22K to 28K

    Mumbai, , Maharashtra

    August 4, 2026


    Apply Now

  • Personal Banker

    Looking for a job that actually gets work-life balance? Check out Port Washington State Bank. Like you, we're all about that Midwestern vibe-supporting local traditions, spending time with each other, and giving back to the community. We've been name...

    Full Time / Part Time

    Salary Estimated: 18K to 22K

    Cedarburg, Wisconsin

    August 4, 2026


    Apply Now

  • Account Maintenance Representative

    Benefits \ We offer a competitive compensation package, comprehensive benefits, and opportunities for professional growth and development. Our team is dedicated to creating a positive and inclusive work environment where everyone feels valued and sup...

    Full Time / Part Time

    Salary Estimated: 16K to 21K

    New York City, New York

    August 4, 2026


    Apply Now

  • Branch Acquisition Officer Branch Banking Branch Banking

    Job description Job Role: \xe2\x80\xa2 Enhancement of Deposit pool from Customers \xe2\x80\xa2 Establishing standards and delivery of service \xe2\x80\xa2 Sale of non-deposit products. Cross selling targets progressively \xe2\x80\xa2 Sale of MF and I...

    Full Time / Part Time

    Salary Estimated: 23K to 26K

    Jaipur, Rajasthan

    August 4, 2026


    Apply Now

  • Sector of Bank branch office

    Wow guys nice to meet you again I am Sandeep . Today I will be going to interducing on the platform of the Banking line , Regarding all The ducoment Data Providing By our organization. Our organization always working on this bese. All Education such ...

    Full Time / Part Time

    Salary Estimated: 22K to 35K

    Remote

    August 4, 2026


    Apply Now