Senior Manager of Fraud Strategy and Analytics, Raisin
$140-150k
Open banking for deposits and savings
Open for applications
Open banking for deposits and savings
501-1000 employees
Open for applications
$140-150k
501-1000 employees
Company mission
To break down barriers and facilitate a transparent single market for savings and investment products.
Role
Who you are
- 8+ years’ experience in fraud risk management, analytics, or financial crime within fintech, banking, or payments
- Strong technical skills: Python, SQL, and experience building fraud detection dashboards and KPIs
- Proven ability to design and deploy machine learning models for fraud and anomaly detection
- Deep knowledge of fraud typologies, AML/KYC regulations, and compliance frameworks in the U.S
- Experience leading fraud investigations, strategy design, and operational execution end-to-end
- Skilled at risk profiling, transaction monitoring, and developing custom fraud rules
- Strong cross-functional collaboration with compliance, engineering, product, and customer operations
- Excellent communication and stakeholder management, with ability to present actionable insights to leadership
- Demonstrated leadership and team management experience
- Strategic, data-driven thinker who balances fraud prevention with customer experience in decision-making
What the job involves
- The Risk Operations team plays a central role in safeguarding Raisin’s business by monitoring, assessing, and mitigating risks across all operational areas. We are responsible for managing fraud prevention and mitigation, investigations and recoveries, monitoring for financial crime events (AML, KYC) and implementing effective risk controls to support the company’s growth.
- Our work bridges business, compliance, and technology—analyzing data, processes, and transactions to identify potential threats while also enabling smooth and secure customer experiences
- We collaborate closely with cross-functional teams (Product, Compliance, Customer Service, and Engineering) to design and execute risk and fraud management frameworks, enhance operational efficiency, and maintain a strong culture of accountability
- As Fraud Strategy and Analytics Senior Manager, you will safeguard Raisin’s U.S. platform by ensuring resilience against fraud while managing risk operations at scale. You will use Python, SQL, and internal and third-party intelligence to analyze, detect, and mitigate fraud and risk
- This role reports to the Head of Risk Operations and covers facets of fraud operations, financial crime, payments risk and risk analytics
- Define and execute Raisin’s U.S. fraud strategy
- Develop and refine fraud detection policies, rules, and processes
- Apply advanced analytics and scripting (Python/SQL) to detect patterns in large datasets
- Analyze fraud telemetry to uncover hidden or undetected activity
- Build dashboards and performance metrics across payment channels
- Present actionable insights to leadership and recommend ongoing improvements
- Lead end-to-end fraud investigations, from detection through resolution
- Drive conversations around fraud KPIs, fraud losses, and remediation trends
- Oversee compliance with AML and KYC requirements, ensuring robust due diligence across the customer lifecycle
- Implement enhanced monitoring for high-risk customers and transactions
- Develop and maintain customer risk profiling frameworks to support onboarding, transaction monitoring, and suspicious activity escalation
- Partner with compliance teams to identify and escalate unusual activity in line with regulatory standards
- Design low-friction, custom risk rules for identity verification, account takeover protection, and transaction monitoring
- Continuously back-test and adapt rules to evolving risks
- Integrate risk findings into broader operational workflows
- Design, implement, and deploy machine learning–based fraud models across the customer lifecycle (onboarding, KYC, bank account linking, payments, and ongoing account activity)
- Leverage supervised and unsupervised learning techniques for anomaly detection, behavioral analytics, and transaction monitoring
- Develop features from identity, device, behavioral, transaction, and network data
- Partner with engineering and data teams to ensure high-quality data pipelines for real-time fraud detection
- Translate model insights into practical fraud controls (rules, thresholds, decisioning strategies) that balance fraud prevention with customer experience
- Work closely with Product, Engineering, Marketing, Payments, Customer Service to align models with operational workflows
- Pilot next-generation fraud tools (e.g., behavioral biometrics, network graph analysis, federated learning) to strengthen defenses as Raisin’s product portfolio grows
- Analyze payment and transaction telemetry to identify systemic risks
- Measure risk exposure across methods, develop KPIs, and track control effectiveness
- Provide data-driven insights to leadership for continuous improvement
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. Recently, 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
$69.1m
LATE VC
Jan 2022
$34.6m
CONVERTIBLE
Total funding: $316.9m
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
(CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(COO)Previously worked as a Consultant at McKinsey.
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