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Novo · 1 month ago

Senior Manager of Fraud Strategy and Analytics

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$130K/yr - $150K/yr

8+ years exp

Novo is a venture-backed fintech that simplifies banking for small businesses. The Senior Manager of Fraud Strategy and Analytics will lead the evolution and implementation of Novo’s Fraud Strategy, focusing on identifying current exposures and forward-looking threats while improving existing systems and tools to enhance fraud prevention.

B2BBankingFinancial ServicesFinTech

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

Qualification

Fraud prevention strategyData analysisSQLDigital banking experiencePayments knowledgeFraud typologies understandingVendor managementMentoring skillsCross-functional collaboration

Required

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