Fraud Analyst - BFS

About the Role :

Responsible for defining strategies for our application stage, early account fraud controls, and transaction level fraud. This involves monitoring current and emerging fraud risks, managing a suite of fraud controls, acting as an advisor to internal partners, and owning the customer experience associated with identity verification processes

Roles & Responsibilities :

- Setup a monthly process to understand state of the business which includes fraud trend monitoring/trends, current defenses in place, business case development, challenges, and execution.

- Chart the path for our new account fraud. Connect with marketing, product, and modeling team to build a 1-2-year vision.

- Closely work with the fraud investigation team to understand the emerging trends that needs immediate attention and provide a status to the management team.

- Lead strategic conversations and develop materials for use with senior leadership.

- Requires excellent communication to synthesize complex data and tell a story.

- Advise on fraud risks and enable the growth agenda in partnership with growth, marketing, credit strategy and analytics, product, design, and tech leaders.

- Work with other teams to build and optimize a portfolio of fraud defenses, including machine learning solutions built internally and provided by external vendors, internal policies and rules, and customer-facing identity verification methods.

- Coordinate with product and tech partners to evaluate fraud capabilities and develop business cases. Requires strong quantitative acumen and strategic thinking.

Required Skills & Experience :

- Demonstrated a track-record of identifying fraud trends especially in consumer lending space

- Experience in building fraud prevention strategies using rules or product intervention

- Strong written skills and ability to create and maintain high quality documentation

- Drive to continuously improve all aspects of their work in a collaborative fashion

Preferred Qualifications :

- Master's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering

- 3+ years of experience in quantitative analysis

- 2+ years of experience in financial services or FinTech

- 2+ years of experience in fraud analytics and strategies in a consumer lending space

Note : Not looking for people who are Investigators, specialist, or supporting fraud operations