Lead- Fraud & Risk

Lead — Fraud & Risk

6 to 8 years of experience

About Setu

India’s economic infrastructure needs a complete overhaul. Today our digital economy rides on rickety monolithic systems built in the mid-90s. It takes months to do a simple bank integration and launch a fintech product. This inefficiency cannot continue. If our economy has to grow, we need killer API infrastructure for financial services that rivals the likes of Stripe, and AWS.

At Setu, we are fixing this for good, by abstracting away the complexity of working with legacy financial infrastructure and replacing it with a developer platform that offers clean, high-performance API bundles to embed finance into any application.

So that developers can do what they do best, build amazing products that improve people’s lives.

More about Setu

Importance of the Role

Risk is core to everything we do — especially in financial services, where trust, reliability, and

compliance are non-negotiable. As our ecosystem grows in scale and complexity, the way we manage risk must evolve.

This role is critical to safeguarding the integrity of our systems and protecting customers from fraud, misuse, and operational lapses. But we’re not looking to just manage risk — we’re looking to redefine how it’s done using automation, intelligence, and AI-first thinking.

As the Risk Team Lead, you’ll be responsible for designing real-time monitoring systems, ensuring

AML compliance and driving efficient dispute resolution. More importantly, you’ll lead our transition to AI-led risk infrastructure — by embedding intelligence into decision-making, triaging, fraud detection, and operations.

What will you do at Setu?

Build & Scale Intelligent Monitoring :

• Design real-time risk detection frameworks that combine heuristics, behavioral signals, and learning systems.
• Identify gaps in existing rule-based systems and lead the shift toward intelligent automation and pattern-based detection.
• Champion the use of AI models to reduce noise, prioritize alerts, and flag complex fraud scenarios like mule rings and synthetic identities.

Drive Smart Dispute & Chargeback Operations :

Build Feedback Loops for Learning :

Reimagine Onboarding & Merchant Risk :

Lead the Function, Set the Vision :

Who is the right fit for this role?

You’ll do well in this role if :

Why Setu?

We will spare no efforts to ensure that Setu empowers you to do the most important and impactful work of

your career—

Join us if you want to be part of a company that’s building infrastructure that will directly impact the financial lives of hundreds of millions of people. No cashbacks, no growth-hacks, no bullshit. Instead, an audacious mission, and a team obsessed with achieving it.