Merchant Fraud Strategist, Stripe

$115.8-195k

SQL
Python
R
Senior level
Remote in US
Chicago
New York
San Francisco Bay Area

More information about location

Stripe

A financial infrastructure platform for businesses

Open for applications

Stripe

A financial infrastructure platform for businesses

1001+ employees

FintechB2BPaymentsCredit cardsFinancial Services

Open for applications

$115.8-195k

SQL
Python
R
Senior level
Remote in US
Chicago
New York
San Francisco Bay Area

More information about location

1001+ employees

FintechB2BPaymentsCredit cardsFinancial Services

Company mission

To increase the GDP of the internet

Role

Who you are

  • 5+ years of relevant professional experience
  • Intermediate SQL skills and experience in applying these skills in business environments
  • Curiosity and passion for risk prevention: if something seems off, you want to investigate what’s going on and solve root problems
  • Strong analytical skills - you are passionate about data analysis and can frame business decisions and tradeoffs effectively through quantitative analysis and visualization
  • Decisiveness, yet open to learning: you will make many critical decisions every day impacting large numbers of merchants
  • Understanding and empathy for the challenges of setting up a new business - you will thoughtfully balance scaled enforcement decisions with user experience
  • Excellent communication skills and knows how to be a team player - you are able to convey complex ideas succinctly and work effectively across teams
  • Project management skills - you have demonstrated project management skills and the ability to drive execution on projects that span multiple teams both within and outside of Risk

Desirable

  • Expertise with SQL
  • Expertise with quantitative tools such as Python, R, or Stata
  • Experience with payments (particularly working with regional payment methods), risk, or trust & safety
  • Experience working with machine learning and data science teams
  • Experience working in fast-paced and rapidly changing start-up environment

What the job involves

  • Stripe’s Fraud Risk Strategy Team is committed to minimizing Stripe’s financial losses from fraud attacks. The Fraud Risk Strategy Team is responsible for building and implementing strategies that scalably reduce risk for Stripe and preserve a healthy financial and payments ecosystem, while creating positive experiences for users
  • As a Risk Strategist on the Fraud team, you will be directly responsible for decreasing losses emanating from fraudsters operating on Stripe. You will enable safer payments for our users and help Stripe manage payments risks intelligently. The stakes are high, and you will be up against ever-evolving challenges
  • You will face some of the most complex and dynamic problems at the company, and the nature of your work will evolve rapidly to combat new and more sophisticated challenges to Stripe’s payments integrity
  • Analyze accounts and transactions to identify and predict risky behavior that could result in losses for Stripe or pose challenges to the broader payments ecosystem
  • Scale risk processes to cover an increasingly large and complex landscape of payments risks and effectively design strategies and solutions that might range from ML model features to manual review workflows
  • Work with internal partners like Engineering, Product, Data Science and Operations to develop solutions that would mitigate fraud risk across different geographies, payment methods and products
  • Work with Stripe users to educate them about and help prevent potential risks to their business
  • Challenge the payments industry status quo to help enable innovative businesses to flourish online

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Insights

Top investors

-5% employee growth in 12 months

Company

Company benefits

  • Unlimited paid time off policy
  • Work from home opportunities
  • Comprehensive mental, physical and medical health plans
  • Fertility benefits and parental leave

Funding (last 2 of 13 rounds)

Mar 2023

$6.5bn

GROWTH EQUITY VC

Mar 2021

$600m

SERIES H

Total funding: $8.7bn

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 payments 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 looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."

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Freddie

Company Specialist at Welcome to the Jungle