Home Jobs Decision Scientist
Back to Jobs

Decision Scientist - Job Opportunity at PhonePe

Bengaluru, India
Full-time
Mid-level
Posted: March 5, 2025
On-site
INR 18-25 LPA (USD 22,000-30,000) based on market standards for fintech decision scientists in India

Benefits

Comprehensive Medical Coverage with Critical Illness Protection - Market-leading healthcare package
Extensive Family Support Benefits including Maternity, Paternity and Adoption Assistance
Progressive Wellness Program with On-site Medical Support
Competitive Retirement Package with Multiple Investment Options
Professional Development Support with Higher Education Assistance
Flexible Transportation Benefits including Car Lease Options
Modern Work-Life Integration Support with Mobile and Broadband Reimbursements

Key Responsibilities

Lead fraud prevention strategy development through advanced data analytics and behavioral pattern recognition
Design and implement fraud detection metrics across merchant ecosystems
Drive cross-functional collaboration for integrated risk management solutions
Spearhead new product risk assessment and mitigation strategies
Develop and optimize fraud prevention frameworks using advanced analytical tools
Guide strategic decision-making through data-driven insights and trend analysis

Requirements

Education

Bachelor's in engineering or Master's degree in Management, Maths, Statistics or related quantitative discipline

Experience

3+ years of experience in data analytics / risk analytics / business analytics

Required Skills

Proficient in SQL Excellent Excel skills Strong quantitative abilities Strong organisational, communication, presentation and project management skills Good working knowledge of programming languages like Python, R, SAS Theoretical and practical knowledge of statistical techniques Experience with BI tools (preferred)
Advertisement
Ad Space

Sauge AI Market Intelligence

Industry Trends

Rising demand for fraud prevention specialists in digital payments sector due to increasing transaction volumes and sophistication of fraud attempts Growing integration of AI/ML in fraud detection creating need for hybrid skill sets combining data science with domain expertise Shift towards real-time fraud detection systems driving demand for professionals with streaming analytics experience

Role Significance

Typically part of a 10-15 person analytics team within larger risk management division
Mid to Senior level position with direct impact on risk management and business strategy

Key Projects

Development of real-time fraud detection systems Creation of merchant risk scoring models Implementation of behavioral analytics frameworks Design of new product risk assessment methodologies

Success Factors

Deep understanding of Indian digital payments landscape and fraud patterns Ability to balance fraud prevention with customer experience Strong stakeholder management skills across technical and business teams Proactive approach to identifying emerging fraud trends

Market Demand

Very High - Critical role in rapidly expanding digital payments ecosystem with significant talent shortage

Important Skills

Critical Skills

SQL and data manipulation expertise for handling large-scale transaction data Statistical analysis skills for pattern recognition and prediction Business communication abilities for stakeholder management

Beneficial Skills

Knowledge of regulatory compliance in financial services Experience with real-time analytics systems Understanding of blockchain and emerging payment technologies

Unique Aspects

Opportunity to impact financial inclusion at massive scale
Access to one of India's largest financial datasets
Role combines technical expertise with business strategy
Direct involvement in new product development and risk assessment

Career Growth

2-3 years for vertical progression, 3-4 years for leadership roles

Potential Next Roles

Head of Risk Analytics Director of Fraud Prevention Chief Risk Officer Analytics Leadership positions

Company Overview

PhonePe

PhonePe is India's leading digital payments platform with 500 million registered users and 37 million merchants

Market leader in digital payments with significant expansion into financial services
Pan-India coverage with 99% postal code reach
Fast-paced, innovation-driven environment with emphasis on ownership and impact
Advertisement
Ad Space
Apply Now

Data Sources & Analysis Information

Job Listings Data

The job listings displayed on this platform are sourced through BrightData's comprehensive API, ensuring up-to-date and accurate job market information.

Sauge AI Market Intelligence

Our advanced AI system analyzes each job listing to provide valuable insights including:

  • Industry trends and market dynamics
  • Salary estimates and market demand analysis
  • Role significance and career growth potential
  • Critical success factors and key skills
  • Unique aspects of each position

This integration of reliable job data with AI-powered analysis helps provide you with comprehensive insights for making informed career decisions.