Senior Analyst, Fraud Strategy

The Job: Senior Analyst, Fraud Strategy

As a Senior Analyst, Fraud Strategy you will be accountable for the daily fraud prevention activities at Momentum that ensure applicable fraud rules, processes and reporting are in place to fend off fraudulent loans. This involves assessing different types of fraud-related risks for all our consumer lending products across North America, adopting industry-leading solutions, developing/deploying fraud prevention strategies and tracking strategy performance for continuous improvement on loan and credit card origination fraud avoidance.

How You’ll Make an Impact: 

Develop and monitor fraud-related dashboards, detect risky signals and conduct analysis to uncover underlying drivers. Develop and implement fraud strategies leveraging data, advanced analytics tools and business acumen to mitigate fraud losses and maintain optimal customer experience

Optimize existing strategies effectively to control fraud risks including stolen/forged identity and first-party malicious intent. Design A/B tests and understand the risk and customer experience trade-offs.

Identify automation opportunities in day-to-day data extraction, performance tracking and analysis, and execute on them to improve productivity.

Continue to innovate by testing new data, analytics approaches and models. Communicate findings and recommendations effectively to all levels of management

Partner with Credit, Product, Ops, IT, and external vendors to implement solutions/strategies and monitor their performance

Assess and implement fraud mitigation strategies that effectively minimize losses.

Education + Experience

Bachelor’s or Master’s degree in a relevant field such as Decision Science, Data Science, Mathematics, Statistics, Computer Science, Engineering, Finance, or Economics.
Required; 3+ years of experience in fraud risk management focusing on strategy, implementation and launching fraud prevention and detection solutions for Fintech, Banking, or other e-commerce.

Familiarity with 3rd-party Fraud prevention solutions, preferably within the financial services industry. Proven track record in acquisition/origination fraud and credit management space.

Understand the organizational and financial impact of decisions, ensuring actions are aligned with business objectives.

Strong strategic thinking with ability to provide insights and provide recommendations to drive continuous improvements to strategies and mitigate risk.

Ability to work independently, while seeking guidance when needed.

Collaborate effectively with colleagues, providing coaching and problem-solving support to enhance team performance.

Shares information effectively with peers and stakeholders. Listens actively and resolves basic misunderstandings.

Handles moderately complex problems by analyzing data and applying judgment within defined methods.

Experience working at consumer lending companies in the U.S. is a plus.