Fraud Risk Decision Scientist, Block
Afterpay
$142.2-204.5k
More information about location
Financial services ecosystem
Job no longer available
Financial services ecosystem
1001+ employees
Job no longer available
$142.2-204.5k
More information about location
1001+ employees
Company mission
To create better tools to help everyone access the economy.
Role
Who you are
- A minimum of 3 years experience in quantitative statistics, math, business, or related disciplines
- Experience in fraud risk solutions is highly desirable
- Experience in data mining and analysis tools such as Python/ SQL etc
- A strong understanding of fraud patterns, including ATO or stolen CC
- Exceptional time management skills, the ability to multi-task and triage the evolving responsibilities of the role
- Good communication skills and the ability to understand and synthesize requirements across multiple project domains
- An appreciation for the connection between the software you build and the experience it delivers to customers
What the job involves
- The Fraud unauthorized risk team in Afterpay is mainly managing Account Takeover and Stolen Financial risk
- As a Fraud Decision Scientist at Afterpay, you’ll be responsible for key KPIs for the company's loss metrics with a good balance of customer experience
- You will be tasked to set goals, create strategy, and closely collaborate with product managers, engineers and business stakeholders
- You’ll be responsible for detecting changed fraud trends, writing rules with summarized patterns and closely monitoring the solution performance
- Maintain and further refine the fraud strategy framework, including fraud model strategies and flash fraud surgical rules
- Build and refine fraud model strategy automation process to keep the model strategy up-to-date with high performance
- Review cases daily to timely capture flash fraud trends with quick response to stop loss leakage
- Swiftly respond to system issues and deep dive into root cause analysis
- Master large volumes of data; extract and manipulate large datasets using standard tools such as SQL and Python
Our take
Block is a financial services technology company comprising of Square, Cash App, Spiral, TIDAL, and TBD. Its biggest brand, Square, offers hardware and software for small to medium-sized businesses enabling them to manage the entire payment lifecycle. It functions similarly to Shopify and Stripe, but has paired online payment processing with physical devices such as registers, payment terminals, and mobile card readers.
The business was originally founded as Square in 2009 by Jack Dorsey of Twitter fame. Already well-established with SMEs all over the globe, Square has significantly benefited from the increased demand for mobile payment systems. Its order management feature remains a go-to tool for small businesses that otherwise didn't have the proper infrastructure in place when demand for home delivery surged.
Square rebranded as Block in December 2021, with the Square brand name remaining in place for their seller business. The company has since come under fire for its security practices, facing lawsuits in relation to a major breach of CashApp user data, and in 2024 announced plans to reduce its workforce in order to cut costs. Despite these setbacks, there is every chance the business will move past this, though it may take some time to rebuild trust in its product.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
19% employee growth in 12 months
Company
Company benefits
- Healthcare coverage (Medical, Vision and Dental insurance)
- Health Savings Account and Flexible Spending Account
- Retirement Plans including company match
- Employee Stock Purchase Program
- Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
- Paid parental and caregiving leave
- Paid time off (including 12 paid holidays)
- Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
- Learning and Development resources
- Paid Life insurance, AD&D, and disability benefits
Company HQ
SoMa, San Francisco, CA
Leadership
Jack Dorsey
(CEO)Having studied at and dropped out of New York University, Jack founded Twitter in March 2006, where he has served as CEO since. He co-founded Square with Jim in February 2009, and has remained its CEO ever since.
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