Risk Strategist, Stripe
$185.3-229.1k
50% Telecommuting Permitted
A financial infrastructure platform for businesses
Open for applications
A financial infrastructure platform for businesses
1001+ employees
Open for applications
$185.3-229.1k
50% Telecommuting Permitted
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- Must have a Bachelor's degree or foreign equivalent in Business Administration, Economics, Information Systems, or a related field, plus 5 years of post-bachelor’s, progressive related experience in a Financial Risk Specialist or related occupation
- 3 years of experience working with, aggregating, and running analysis on large data sets, including utilizing SQL and common BI tools (e.g. Tableau)
- 3 years of experience managing external relationships with financial institutions, users, and law enforcement
- 3 years of experience leading cross-functional initiatives with engineering, operations, external partners, etc. to develop and implement robust fraud controls
- 3 years of experience working with product teams as a risk subject-matter expert/advisor in fraud management to ensure products can be launched and scaled safely; and,
- 3 years of experience identifying and defining problems, building project plans to address these problems, and managing the implementation of their solutions
What the job involves
- Conceptualize and execute risk strategies for Stripe’s rapidly growing merchant portfolio by harnessing deep subject matter expertise in risk management
- Leverage SQL skills to drive quantitative analysis and data visualizations
- Quantify the impact to Stripe’s direct profit and losses for each recommended strategy
- Provide recommendations to create new or optimize existing portfolios of risk models and/or policies by managing multiple risk programs that require cross functional collaboration with engineering and non-engineering teams
- Diagnose and mitigate high-risk payment incidents (e.g. non-compliance with financial partner requirements), emerging policy trends, and exploits as a result of new product launches
- Develop deep understanding of Stripe’s growing suite of products to formulate risk requirements and assess overall risk posture prior to launching new products to market
- Represent Stripe during financial partner audits and oversight visits. Distill Stripe’s most complex risk systems into highly digestible and easily understood concepts for auditors
- 40 hrs/week
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payment option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is extending its services to countries with vast customer potential, including Brazil, Japan and India. It is also partnering with OpenAI, the company behind ChatGPT - a win-win collaboration that is monetising OpenAI’s flagship products and at the same time enhancing Stripe with GPT-4, as it moves forward with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company HQ
SoMa, San Francisco, CA
Leadership
Patrick Collison
(CEO)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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