Hybrid Senior Manager – Fraud Strategy and Analytics

at Novo

• Job title: Senior Manager – Fraud Strategy and Analytics
• Job type: Full Time
• Experience level: Senior
• Salary: $130,000 - $150,000 per year
• Degree requirement: No Education Requirement
• Tech skills: SQL
• Location requirements: Hybrid, New York City, United States

About the role

• Senior Manager of Fraud Strategy and Analytics leading fraud strategy at fintech Novo. Working cross-functionally to implement fraud prevention strategies and protect small businesses.

Responsibilities

• Serve as the internal subject matter expert on Fraud, leveraging a deep understanding of first-party, third-party, synthetic identity, payments, and other ever-evolving types of fraud.
• Evolve and expand fraud prevention and detection strategies across the organization in alignment with company objectives.
• Utilize analytics and data mining techniques to identify patterns, trends, and emerging fraud risks.
• Play an active role in the product development cycle for both current and future products by identifying possible fraud vectors and mitigants.
• Partner with the Data Science team to develop predictive models and machine learning algorithms for advanced fraud detection.
• Serve as the central point person in managing fraud attacks in real-time, partnering with teams across the organization (Engineering, Operations, Payments, Customer Support, Product) to identify and close down attack vectors, coordinate across stakeholders, and update Novo leadership.
• Keep up to date with evolving fraud tactics, industry regulations, and best practices to ensure proactive responses to new threats.
• Mentor junior team members and contribute to the development of a strong fraud prevention culture across the organization.

Requirements

• 8+ years of relevant experience in Fraud with at least one year in a fraud prevention/strategy role.
• Experience with digital banking, payments and/or payment networks.
• Strong understanding of fraud typologies, regulatory requirements, and industry standards and best practices, including experience in implementing them to support business outcomes.
• Understand and have experience mitigating the risks related to fraud at onboarding, during transaction activities, and customer account compromise.
• Experience providing clear, concise feedback during product development cycles to make sure that fraud and loss considerations are incorporated
• Ability to identify and evaluate new vendors and manage their integration into production and ongoing oversight
• Strong analytical skills - you are passionate about data analysis and can frame business decisions and tradeoffs effectively through quantitative analysis and visualization
• Proficiency in SQL
• Connected into the broader fraud fighting community and monitoring the latest trends and able to design and implement mitigants

Benefits

• Offers Equity