{ "media_type": "text", "post_content": "What does a product manager in “Credit Fraud and Risk” do? I come from a tech consulting (implementation) background. I recently got this role and I am a great fit for PM but I don’t understand 100% what this department “Credit Fraud and Risk” does. (Within the Banking Industry)", "post_id": "6074d9a7edb11200222a9a17", "reply_count": 3, "vote_count": 1, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

What does a product manager in “Credit Fraud and Risk” do? I come from a tech consulting (implementation) background. I recently got this role and I am a great fit for PM but I don’t understand 100% what this department “Credit Fraud and Risk” does. (Within the Banking Industry)

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Likely fraud detection algorithms for payments, detection of synthetic fraud, and for credit underwriting. It’s a really interesting area and with the explosion in payments oriented and lending fintechs could be very translatable to other companies.

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What BCG said ^^ it could be at the individual transaction level, like suspicious and fraudulent payment detection? or perhaps card eligibility underwriting.

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For context, this company hired based on fit for PM and was agnostic to department and aligned me based on business need.

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