Business Analyst, KOHO Financial
Fraud Strategy
CA$75-95k
Financial management application
Job no longer available
Financial management application
201-500 employees
Job no longer available
CA$75-95k
201-500 employees
Company mission
To allow Canadians to be able to travel more, retire sooner, and live more balanced lives
Role
Who you are
- This role requires experience in the development and utilization of data including maintaining data design, utilization via technical tools and modelling
- You have a minimum of 2 years of experience working within the AML/Fraud space, demonstrating a solid understanding of AML, KYC, and fraud prevention concepts
- You start by understanding the problem, asking ‘why’, and identifying the data to determine the root cause
- You don’t limit yourself to your past experience or job description. If you need a tool or approach, you learn it and bring the rest of the team along with you in your discovery
- Proficient in SQL and Python, with strong capabilities in reporting and data presentation including Sisense. Experience with javascript is an asset
- Experience working with AWS Redshift, Sagemaker, Github
- You have experience analyzing transactional and user data to develop and refine fraud/AML rules and models
- You have familiarity with fraud prevention platforms and knowledge of fraud/money laundering risks associated with payments and banking
- You are comfortable working with third-party vendors to optimize the use of their fraud prevention tools
- You are comfortable in managing cross-functional, multi-stakeholder projects and communicating through presentations
What the job involves
- As a Business Analyst at KOHO, you will play a key role in the team that is responsible for developing strategies and controls to manage areas of fraud and money laundering risk
- You will report to the Sr Manager, Fraud Strategy
- You will assess current and future controls, identifying impacts to customers, revenue, or losses through data analysis and modelling, and implement
- You will work on the continuous design and development of our fraud/ money laundering detection models and systems
- Understand the different fraud patterns/ money laundering risks that KOHO faces, and define actions to stop them, while balancing the experience of our good customers
- You will proactively look for ways to improve efficiency by leveraging automation
- You will live the Values of KOHO with the internal team and external partners/vendor
Our take
In the wake of the gradual shift from physical to virtual interactions, the global internet-only banking industry has also seen tremendous growth in recent years. KOHO financial is part of this growing trend, they are a financial solution and payment platform built to help Canadians with managing their finances.
Apart from typical savings and budgeting common with money-management apps, KOHO customers enjoy a suite of financial services that help to build better credit, spending habits and insurance. As part of this, its product appeals especially to the majority of the paycheck-to-paycheck demographic.
KOHO's impressive growth and suite of products also appeal to investors who have backed it with one of the highest levels of funding in the Canadian fintech sector. However, this hasn't completely insulated it from the turbulence in the global economy, which led to KOHO restructuring in early 2023. With 2024 debt funding now secured, it is now focused on growth, aiming to further extend its lead in the Canadian market and achieve a Schedule 1 bank licence.
Steph
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Oct 2024
$28.7m
LATE VC
Dec 2023
$61.5m
SERIES D
Total funding: $303.1m
Company benefits
- Stock options
- Semi-annual merit increases
- Holiday bonus
- Work from anywhere
- Generous PTO
- Health & Lifestyle spending accounts
- $1000 remote office setup budget
- $5000 referral bonus
- Free KOHO Premium account
- Icon Potential Alt Text
- In-house coaching program
- $2000 annual training allowance
- Approachable leadership
- Bias towards action
Company HQ
Liberty Village, Toronto, ON
Leadership
Daniel Eberhard
(CEO)Previously a co-founder and Vice President at Kineticor Renewables before their acquisition.
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