Staff, Fraud Risk Strategy

The role

You will own the fraud strategy and execution for card products, including application, transaction, and account takeover fraud. You will manage the card fraud loss budget and design, backtest, and tune detection rules. You will partner with Product and Engineering to build controls and mentor teammates in your pod.

What you will do

• Own fraud strategy and execution across application, transaction and account takeover fraud for card products
• Manage the card fraud loss budget
• Design, backtest, ship and tune detection rules
• Set decision thresholds on ML risk scores
• Weigh fraud losses prevented against operational cost and client experience
• Partner with Product and Engineering to build controls
• Guide data scientists and analytics developers in your pod
• Mentor junior teammates on strategy, rule building and problem-solving

Required qualifications

• 6+ years of experience in fraud prevention
• 3+ years working directly on card fraud (prepaid or credit) at an issuer, fintech or payments platform
• Hands-on ownership of card fraud strategy across application, transaction and account takeover fraud
• Advanced SQL
• Track record of building, backtesting, shipping and tuning fraud rules
• Experience quantifying fraud savings against operational and client experience costs
• Experience using AI tools in your daily work
• Ability to influence Product, Engineering, credit risk, operations and external vendors without direct authority
• Clear communication with technical and non-technical audiences, including senior leadership

Nice to have

• Knowledge of Visa and Mastercard network rules, dispute processes and chargeback rails

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days
• 4 wellness days
• Unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year

About the company

Wealthsimple is Canada’s leading financial innovator, offering a full suite of financial products. The company was founded in 2014 and is headquartered in Toronto, Canada.