FS/ Principal - Anti-Fraud Risk Management Consultant

Infosys•Bridgewater, NY

About The Position

About the Role As a Principal , you will lead and manage delivery of engagements, being responsible for quality, budget and staffing, working closely with senior client stakeholders to develop anti-fraud strategies to enhance their fraud risk management programs. You will contribute to the firm’s development by guiding and mentoring teams and sharing knowledge. You will be recognized as an expert in your respective domain and contribute to advancing Infosys Consulting’s thought leadership in the industry. Role expects you to Lead teams to evaluate and design fraud risk management strategies, building target operating model, technology solution strategy, fraud function analytics, and modernizing fraud operations. Leverage modern technologies including the build and use of AI/ML models that can detect possible fraud scenarios from client onboarding through to transactions Strong understanding of Fraud Data and ability to interpret data to infer fraud scenarios Develop controls to improve processes and enhanced fraud risk management Provide thought leadership and guidance on how to transform fraud prevention programs. Conduct design thinking workshops to improve fraud risk management strategies with anti-fraud business stakeholders Monitor regulatory changes and emerging technologies that impact the industry, advising clients on necessary adjustments to their fraud risk programs. Lead client and engagement teams in successfully delivering anti-fraud technology solutions using vendor solutions such as Pega, ServiceNow, Quavo, Orbograph etc. Access current state anti-fraud detection and controls and help define a future state solution that includes Fraud operations. Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics Collaborate with client functions (Business, first line of defense, Compliance Risk Management and Regulatory Affairs) to assess impact of a specific regulation on existing policies, risks and controls Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation Practice Development Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies Build social networks that enable knowledge and information flow and stay abreast of developments in Anti-Financial Crime expertise areas Prepare thought papers and participate in industry conferences and forums Contribute to practice growth and vitality through roles such as recruitment, training and retention People Management Coach and develop junior team members to deliver quality results and promote professional development Participate in and contribute to practice training activities Business Development Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts Develop and build relationships at senior management and CXO levels Formulate and present Infosys Consulting propositions and service offerings

Requirements

10+ years of experience in Financial Services with at least 5 years of experience Fraud Risk management consulting roles
Deep domain knowledge of fraud operating models, governance structures, designing fraud risk management processes and related technologies
Expertise in Anti-Money Laundering, Know your Customer (KYC), Anti-Fraud, FIU Investigations and Suspicious Activity Reporting (SAR)
Experience with implementation of one or more of the conventional Anti-fraud tools e.g. Actimize, Pega, Quavo etc.
Good understanding of dispute intake to resolution and back-office fraud operations including the investigations will be a good addition
Demonstrated ability in defining, mobilising and delivering complex change programs in large organisations
Strong background of leading teams, comprising both IT and business specialists
A demonstrable ability to turn business requirements into technology solutions with the commercial acumen to create supporting business cases
Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
Successful business development history including exposure to each of the various aspects of a typical sales cycle
All candidates must be willing and able to travel up to 100%, depending on client requirements
Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time.

Nice To Haves

MBA or equivalent advanced degree, Industry accredited certifications like CFE, ECICFM etc.
Experience in leveraging advanced AI/ML technologies and analytics to reduce false positives or automate disposition of alerts will be a plus
Experience of leading programs where stakeholder engagement is a key requisite to achieving successful program/project delivery
Proven ability to deliver under tight deadlines and challenging constraints
Ability to collaborate within the firm and leverage existing resources
Demonstrate thought leadership, ability to conceptualize and drive new solution / service offerings and take them to market
Ability and willingness to work as part of a cross-cultural team including flexibility to support multiple time zones when necessary

Responsibilities

Lead and manage delivery of engagements, being responsible for quality, budget and staffing
Work closely with senior client stakeholders to develop anti-fraud strategies to enhance their fraud risk management programs
Guide and mentor teams and sharing knowledge
Lead teams to evaluate and design fraud risk management strategies, building target operating model, technology solution strategy, fraud function analytics, and modernizing fraud operations
Leverage modern technologies including the build and use of AI/ML models that can detect possible fraud scenarios from client onboarding through to transactions
Develop controls to improve processes and enhanced fraud risk management
Provide thought leadership and guidance on how to transform fraud prevention programs
Conduct design thinking workshops to improve fraud risk management strategies with anti-fraud business stakeholders
Monitor regulatory changes and emerging technologies that impact the industry, advising clients on necessary adjustments to their fraud risk programs
Lead client and engagement teams in successfully delivering anti-fraud technology solutions using vendor solutions such as Pega, ServiceNow, Quavo, Orbograph etc
Access current state anti-fraud detection and controls and help define a future state solution that includes Fraud operations
Direct teams of global consulting, IT professionals & subject matter experts in establishing comprehensive business and functional requirements, then translating those requirements into actionable project initiatives with associated metrics
Collaborate with client functions (Business, first line of defense, Compliance Risk Management and Regulatory Affairs) to assess impact of a specific regulation on existing policies, risks and controls
Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation
Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings
Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies
Build social networks that enable knowledge and information flow and stay abreast of developments in Anti-Financial Crime expertise areas
Prepare thought papers and participate in industry conferences and forums
Contribute to practice growth and vitality through roles such as recruitment, training and retention
Coach and develop junior team members to deliver quality results and promote professional development
Participate in and contribute to practice training activities
Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts
Develop and build relationships at senior management and CXO levels
Formulate and present Infosys Consulting propositions and service offerings