Senior Fraud Strategy and Analytics Manager, Raisin
$120-160k
Open banking for deposits and savings
Open for applications
Open banking for deposits and savings
501-1000 employees
Open for applications
$120-160k
501-1000 employees
Company mission
To break down barriers and facilitate a transparent single market for savings and investment products.
Role
Who you are
- This role reports to the Head of Risk and Fraud Operations and requires a highly capable and entrepreneurial individual who can balance deep technical hands-on execution with high-level strategy
- Financial Services Background: 8+ years of experience in fraud risk management, analytics, or financial crime specifically within fintech, retail banking, or digital payments
- Master of Analytics: Exceptional analytical capabilities are your biggest asset. You love diving into raw data to solve complex puzzles
- Technical Stack: Highly proficient in SQL and Python for data manipulation, analytics, and building predictive models. Experience building out fraud dashboards is a must
- Payment System Domain Expertise: Deep understanding of Deposits and ACH is required; direct experience with modern instant payment systems like RTP and FedNow is highly preferred
- Rule & Model Builder: Proven track record of designing custom fraud rules and deploying machine learning or statistical models in a live environment
What the job involves
- As the Senior Fraud Strategy and Analytics Manager, you will be the driving force behind our fraud defense system
- We are looking for a proven analytical mind from the financial services sector who can challenge our current thinking, build predictive fraud models, redesign existing fraud models, framework and processes
- Using SQL, Python/R Ecosystems, Feature Engineering, you will dissect fraud trends, build predictive models from scratch, and implement sharp, real-time rules to prevent and detect fraud across our payment rails
- Uncover Trends: Conduct complex data analysis using SQL, Python and Feature Engineering to proactively identify emerging fraud patterns and system vulnerabilities before they impact the platform
- Deploy Fraud Rules: Design, test, and implement robust fraud prevention rules that successfully catch bad actors while maintaining a seamless experience for real customers
- Drive Strategy: Elevate Raisin US’s capabilities by introducing industry best practices, new methodologies, and innovative fraud prevention strategies that we aren't using today
- KPIs & Dashboards: Build out data-driven dashboards to track fraud metrics, losses, and mitigation performance, presenting actionable findings directly to leadership
- Build Predictive Models: Design, build, and deploy machine learning and predictive models utilizing Python to detect anomalies across the entire customer journey (onboarding, funding, and money movement)
- Feature Engineering: Develop model features based on identity, device, behavioral, and transactional data
- Cross-Functional Delivery: Partner closely with Product and Engineering to integrate these models into our real-time production pipelines
- Risk Profiling: Partner with the Compliance team to enhance customer risk profiling, transaction monitoring, and KYC/AML workflows
- Design low-friction, custom risk rules for identity verification, account takeover protection, and transaction monitoring
- Continuous Back-Testing: Routinely stress-test current rules against changing regulatory standards and evolving financial crime tactics
Our take
Raisin is transforming open banking in the deposits and investments sector, leveraging its infrastructure to benefit bankers and savers in the global $50+ trillion deposit market. The company operates several B2C platforms, including Raisin, WeltSparen, Savedo, and ZINSPILOT in Europe and the UK, and SaveBetter in the US.
Raisin collaborates with around 400 banks globally, serving over 550,000 direct consumers. Backed by PayPal, Deutsche Bank, and Goldman Sachs, Raisin plans to expand further. In 2023, Raisin launched its deposits platform in Poland, connecting Polish savers with European banks via its cross-border savings technology. This platform simplifies access to diverse deposit products across Europe, enhancing safety and convenience.
In late 2023, Raisin announced it had reached €50 billion in assets under administration, with significant growth in markets like Germany, the UK, the Netherlands, and the USA, and over €1 billion in net inflows each quarter in 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
12% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Mar 2023
$68.9m
LATE VC
Jan 2022
$34.5m
CONVERTIBLE
Total funding: $316.1m
Company benefits
- Visa & Relocation Support
- 1,700 EUR Training Budget
- Free Choice of Hardware
- Beginner German Classes
- Food & Drinks
- Flexible working hours, home office and 28 vacation days
- Subsidised Urban Sports Club Membership
- Company Pension Scheme
- Team Events
Company HQ
Wrangelkiez, Berlin, BE
Leadership
Tamas Giorgadse
(Co-Founder & CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(Co-Founder & CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(Co-Founder& COO)Previously worked as a Consultant at McKinsey.
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