{ "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.


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


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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