Senior Manager of Fraud Strategy and Analytics US, Raisin
Open banking for deposits and savings
Job no longer available
Open banking for deposits and savings
501-1000 employees
Job no longer available
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 in fraud risk management, fraud analytics, fraud data science, AML/financial crime, or payments risk (fintech, digital banking, payments a strong plus)
- Strong technical skills: Python, SQL, and experience with feature engineering, model development, and fraud analytics
- Proven ability to design, deploy, and monitor machine learning models in production
- Deep familiarity with U.S. fraud typologies: identity fraud, mule activity, ATO, synthetic IDs, ACH fraud, bank linking fraud, and payment abuse
- Understanding of AML/KYC frameworks and how they intersect with fraud controls
- Experience influencing decisions across Product, Engineering, Compliance, and Operations
- Excellent communication skills with the ability to present insights to executive leadership
- Strategic, analytical mindset with a focus on balancing fraud prevention, operations scalability, and customer experience
- Leadership experience- formal or informal- and ability to scale influence across teams
What the job involves
- The Risk Operations team safeguards Raisin’s U.S. business by monitoring, detecting, and mitigating risks across the customer lifecycle. We manage fraud prevention, investigations, payments risk, and AML/KYC oversight
- Role seniority- This role directly reports to the Head of Risk Operations and is a senior expert role at Raisin US
- As Fraud Strategy & Analytics Senior Manager, you will build and scale Raisin U.S.’s fraud detection capabilities. You will combine strategic thinking, advanced analytics, and hands-on data science to enhance our fraud posture while optimizing customer experience
- You will work cross-functionally to develop models, design detection rules, analyze fraud telemetry, and inform decisions across the business. This role is foundational in building Raisin’s next-generation fraud modeling and analytics framework, without compromising on customer experience
- Fraud Modeling & Advanced Analytics:
- Own the roadmap for fraud models across the customer lifecycle
- Design, implement, and deploy machine learning models (supervised and unsupervised) for anomaly detection, identity risk, behavioral analytics, and transaction monitoring
- Build features from device, behavioral, graph, identity, ACH/payment telemetry, and network data
- Partner with Engineering and Data to ensure high-quality data pipelines for real-time model scoring
- Translate model outputs into practical decision strategies (rules, thresholds, step-up flows)
- Evaluate and pilot next-generation fraud technologies (e.g., behavioral biometrics, graph networks)
- Fraud Strategy & Operations:
- Own and execute Raisin’s U.S. fraud strategy across onboarding, account linking, and payment flows
- Design and refine fraud policies, rules, controls, and escalation processes
- Lead fraud investigations end-to-end and translate findings into durable controls
- Build fraud KPIs, dashboards, and performance reporting for leadership
- Quantify fraud exposure, loss trends, and efficiency metrics to inform strategic decisions
- Risk Analytics & Controls:
- Analyze payment flows and ACH telemetry to identify systemic risks
- Measure control effectiveness, false positives, and customer friction
- Provide data-driven insights and recommendations to leadership
- Financial Crime (in partnership with Compliance)
- Support AML/KYC strategy by integrating fraud insights into onboarding and monitoring workflows
- Maintain customer risk profiling frameworks and enhance monitoring of high-risk customers
- Work with Compliance and Partner Banks to escalate unusual activity in accordance with regulatory expectations
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. In 2023, 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
$69.2m
LATE VC
Jan 2022
$34.6m
CONVERTIBLE
Total funding: $317.2m
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
(Co-Founder & CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(Co-Founder & CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(Co-Founder& COO)Previously worked as a Consultant at McKinsey.
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