Rain · 2 weeks ago
Data Scientist - Fraud Risk
New York, NY
Full-time
Hybrid
Mid Level
$180K/yr - $239K/yr
3+ years expRain is a company focused on next-generation payments, partnering with fintechs and institutions. The Data Scientist - Fraud Risk will create risk mitigation solutions, manage fraud monitoring systems, and balance risk controls with customer experience.
BlockchainCryptocurrencyDecentralized Finance (DeFi)FinTechWeb3
Responsibilities
Own the metrics, dashboards, and reports that inform business strategy and decision-making
Design and implement real-time monitoring systems for fraud signals and alerting thresholds
Design, simulate, and implement real-time risk controls using real-time and offline predictive ML models
Balance risk controls with customer experience by focusing on loss savings, reduced user friction, and margin improvement
Partner with go-to-market teams to demonstrate the technical and business value of risk controls to customers
Effectively summarize complex analytical results to leadership and non-technical stakeholders
Assist partners when they have fraud concerns with their traffic
Qualification
Required
Advanced proficiency in SQL and Python
3+ years hands-on experience working on automated fraud risk strategies and experimentation (A/B tests), including implementation of real-time and offline predictive ML models
Skilled in designing, building, and maintaining dashboards and fraud risk metrics
The ability to manage ambiguous problems and find solutions
High autonomy, including the ability to prioritize your workload effectively
Relevant quantitative bachelor's (or higher) degree (Statistics, Mathematics, Engineering, Computer Science, etc.)
Preferred
Experience at a high-growth fintech company or financial services company
Exposure to customer-facing or GTM-facing analytics or fraud issue triaging
Background in identity risk, AML, payments fraud, or compliance analytics
Benefits
Unlimited time off 🌴 Unlimited vacation can be daunting, so we require Rainmakers to take at least 10 days off.
Flexible working ☕ We support a flexible workplace. If you feel comfortable at home, please work from home. If you’d like to work with others in an office, feel free to come in. We want everyone to be able to work in the environment in which they are their most confident and productive selves. New Rainmakers will receive a stipend to create a comfortable home environment.
Easy to access benefits 🧠For US Rainmakers, we offer comprehensive health, dental and vision plans for you and your dependents, as well as a 100% company subsidized life insurance plan.
Retirement goals💡Plan for the future with confidence. We offer a 401(k) with a 4% company match.
Equity plan 📦 We offer every Rainmaker an equity option plan so we can all benefit from our success.
Rain Cards 🌧️ We want Rainmakers to be knowledgeable about our core products and services. To support this mission, we issue a card for our team to use for testing.
Health and Wellness 📚 High performance begins from within. Rainmakers are welcome to use their card for eligible health and wellness spending like gym memberships/fitness classes, massages, acupuncture - whatever recharges you!
Team summits ✨ Summits play an important role at Rain! Time spent together helps us get to know each other, strengthen our relationships, and build a common destiny. Expect team and company off-sites both domestically and internationally.
Company
Rain
Rain is a fintech company that builds stablecoin-powered payment infrastructure, allowing businesses and individuals to use tokenized money.
51-200 employees
H1B Sponsorship
Rain has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2023 (1)
2022 (1)
2021 (1)
Funding
Current Stage
Growth StageTotal Funding
$332.5MKey Investors
ICONIQ CapitalSapphire VenturesNorwest
2026-01-09Series C· $250M
2025-08-28Series B· $58M
2025-03-24Series A· $24.5M
Leadership Team
Farooq Malik
Co-Founder and CEO
Charles Yoo-Naut
Co-Founder and CTO
Recent News
alleywatch.com
2026-01-20
2026-01-17
2026-01-16
Company data provided by crunchbase