Fraud Risk Analyst

$115,000 - $135,000/Yr

Ramp Financial - New York, NY

posted 3 months ago

Full-time - Mid Level
Remote - New York, NY

About the position

As a member of Ramp's Fraud Strategy team, you will leverage data to develop and optimize fraud strategies, including underwriting (KYC/B, OFAC, fraud risk) and customer management (payment, transactions, account take-over) strategies. This role requires an understanding of fraud concepts and data sources, fluency with data, and the ability to drive a broad set of projects fairly independently. You will be given significant ownership of your projects, with the freedom and autonomy to innovate and execute your ideas, empowering you to do your best work and make a meaningful impact. As you successfully drive impactful changes to our fraud prevention policies, you will be entrusted with larger projects and more strategic initiatives, expanding your influence within the company. In this role, you will leverage external and internal performance data to come up with insights to develop best-in-class fraud policies (e.g. identity/first-party fraud, transaction fraud, account takeover fraud, KYC/B, etc.) that will create value for Ramp and its customers. You will deep dive into individual fraud events to perform root cause analyses, and combine the insights with a data-driven approach to develop fraud defenses. Partnering with product, engineering, and design teams to execute fraud policies and features will be a key part of your responsibilities. You will also implement fraud risk metric monitoring by researching and resolving risk events, and developing levers that mitigate risk factors. Additionally, you will partner with data scientists to build and leverage fraud risk models in Ramp's risk policy, driving Ramp's customer experience by diving deep into the flow of funds (repayments, chargebacks, etc.). Researching emerging underwriting and fraud trends to innovate on Ramp's decision systems and policies will also be part of your role.

Responsibilities

  • Leverage external and internal performance data to develop best-in-class fraud policies.
  • Deep dive into individual fraud events to perform root cause analyses.
  • Partner with product, engineering, and design teams to execute fraud policies and features.
  • Implement fraud risk metric monitoring by researching and resolving risk events.
  • Partner with data scientists to build and leverage fraud risk models in Ramp's risk policy.
  • Drive Ramp's customer experience by analyzing the flow of funds.
  • Research emerging underwriting and fraud trends to innovate on Ramp's decision systems and policies.

Requirements

  • Minimum 2 years of experience in fraud risk management or quantitative strategy role.
  • Minimum 2 years of experience using SQL, Python, or R for data retrieval and manipulation.
  • Excellent written and verbal communication skills.

Nice-to-haves

  • Experience in high-growth startups.
  • Experience within consumer/corporate/small business cards, payments, invoices, lending, or related industries.

Benefits

  • 100% medical, dental & vision insurance coverage for you
  • Partially covered for your dependents
  • One Medical annual membership
  • 401k (including employer match on contributions made while employed by Ramp)
  • Flexible PTO
  • Fertility HRA (up to $5,000 per year)
  • WFH stipend to support your home office needs
  • Wellness stipend
  • Parental Leave
  • Relocation support for NY
  • Pet insurance
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service