Senior Consultant-Tech Consulting-Hyderabad

Technology Consulting

Specialist II, Fraud Analytics & Operations, Specialist

EY is a global leader in assurance, tax, transaction and advisory services. Technology is at the heart of what we do and deliver at EY. Technology solutions are integrated in the client services we deliver and are key to our innovation as an organization. 

Fueled by strategic investment in technology and innovation, Client Technology seeks to drive growth opportunities and solve complex business problems for our clients through building a robust platform for business and powerful product engine that are vital to innovation at scale. As part of Client Technology, you’ll work with technologists and business experts, blending EY’s deep industry knowledge and innovative ideas with our platforms, capabilities, and technical expertise. As a catalyst for change and growth, you’ll be at the forefront of integrating emerging technologies from AI to Data Analytics into every corner of what we do at EY. That means more growth for you, exciting learning opportunities, career choices, and the chance to make a real impact.

EY Technology:

Technology has always been at the heart of what we do and deliver at EY. We need technology to keep an organization the size of ours working efficiently. We have 250,000 people in more than 140 countries, all of whom rely on secure technology to be able to do their job every single day.  Everything from the laptops we use, to the ability to work remotely on our mobile devices and connecting our people and our clients, to enabling hundreds of internal tools and external solutions delivered to our clients.  Technology solutions are integrated in the client services we deliver and is key to us being more innovative as an organization.

EY Technology supports our technology needs through three business units:

Client Technology (CT) - focuses on developing new technology services for our clients. It enables EY to identify new technology-based opportunities faster and pursue those opportunities more rapidly.

Enterprise Workplace Technology (EWT) – EWT supports our Core Business Services functions and will deliver fit-for-purpose technology infrastructure at the cheapest possible cost for quality services. EWT will also support our internal technology needs by focusing on a better user experience.

Information Security (Info Sec) - Info Sec prevents, detects, responds and mitigates cyber-risk, protecting EY and client data, and our information management systems.  

The opportunity

This role will provide advanced-level technical support in fraud analytics and risk mitigation, and support risk prevention and data programs. Additionally, it will lead the development and implementation of fraud detection and prevention strategies using advanced analytical tools.

Your key responsibilities

• Provides fraud analytics, reporting and planning. Supports evaluations supporting governance frameworks, data structures, and deliverables. Leverages analytics and statistics knowledge to support the business in determining best solution for needs.
• Collects, analyzes, and communicates statistics related to daily fraud mitigation operations to stakeholders.
• Delivers products to assigned stakeholders and validates scalable analyses. Reviews products to ensure they meet stakeholders' needs. Builds vendor relationships.
• Ensures alignment between department or team deliverables and stakeholders' goals.
• Builds relationships to understand needs of the business related to risk mitigation processes. Brings structure to requests and translates requirements into an analytic approach.
• Develops understanding of industry trends and internal best practices. Serves as an advocate to the business during meetings to ensure implementation of governance practices.
• Participates in special projects and performs other duties as assigned.
• Monitors and analyzes transaction data to identify suspicious patterns and emerging fraud risks using advanced analytical tools.
• Investigates fraud alerts and escalated cases, maintaining accurate documentation of findings, actions taken, and outcomes for audit and review purposes.
• Coordinates with law enforcement agencies and supports audits, including monitoring the implementation of audit recommendations related to fraud controls.

Skills and attributes for success

• A team player with strong analytical, communication and interpersonal skills
• Constantly updating yourself about new technologies in the market
• A winning personality and the ability to become a trusted advisor to the stakeholders

To qualify for the role, you must have

• Minimum 5 years of experience in fraud analytics, risk operations, or quantitative risk analysis, with hands-on exposure to fraud monitoring, analytics, reporting, and risk mitigation processes.
• Bachelor’s degree in Statistics, Mathematics, Data Science, Finance, Computer Science, or a related field. A graduate or postgraduate degree is preferred.
• Working knowledge of fraud analytics, data analysis, risk assessment, fraud detection techniques, and transaction monitoring.
• Experience using analytical tools such as Python, R, SAS, SQL, and visualization platforms such as
• Exposure to fraud risk frameworks, audit support, and regulatory or compliance requirements is an added advantage.

Ideally, you’ll also have

• Strong verbal and written communication, facilitation, relationship-building, presentation and negotiation skills.
• Be highly flexible, adaptable, and creative.
• Comfortable interacting with senior executives (within the firm and at the client)

What we look for

• Strong teamwork, work ethic, product mindset, client centricity and a relentless commitment to EY values.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Make your mark.

Apply now.