Senior Risk Analyst, Lithic
$120-170k
Payment card issuing platform for developers
Open for applications
Payment card issuing platform for developers
101-200 employees
Open for applications
$120-170k
101-200 employees
Company mission
Lithic's mission is to build the best payments software to make paying online simply better.
Role
Who you are
- 4-6 years of financial services or financial technology experience, ideally in issuer or processor fraud risk management
- Excellent analytical thinking and problem solving, with experience leveraging large datasets to complete assessments and decisions. Excellent SQL programming skills and advanced Microsoft Excel skills
- Experience in creating performance monitoring dashboards using Metabase, Looker, Hex, or a similar business intelligence tool
- Outstanding communication and influence skills, coupled with the ability to foster collaboration and teamwork
- Self-awareness and humility, with the ability to balance when to think from first principles, when to lean on your experience in approaching a problem, and when to turn to others for help
- Foundational knowledge of payment processing, with a strong understanding of fraud and risk industry trends
- Comfort with ambiguity and working in an unstructured environment
What the job involves
- Lithic is hiring a data-driven Sr. Risk Analyst with strong problem solving, communication, and technical skills to deliver insights into the presence of current risks, and the likelihood and impact of those we have yet to encounter
- This role will work closely with cross-functional teams across Risk, Analytics, Product, Engineering, and Compliance Operations to create, evaluate, and drive continuous improvement of risk policies, limits, rules, alerts, and dashboards
- This role is critical to enabling Lithic and our customers to optimize our risk control and monitoring efforts
- Deep dive into past and ongoing trends and provide data driven insights that identify and predict risky behavior that could result in outsized operational, financial, and reputational risks for Lithic and our customers
- Identify rule criteria, test and validate rule output, and communicate portfolio and rule performance in a way that influences Lithic’s risk strategy
- Collaborate with internal partners like Analytics, Product, Engineering, and Compliance Operations to tailor rule, alert, and dashboard creation and refinement techniques to various products, payment methods, and fraud typologies
- Create dashboards to monitor performance across relevant metrics and create alerts to highlight any anomalies or unusual trends
- Identify new approaches and data sources that could help us better understand various forms of risk, and partner with our operations, analytics, and product and engineering teams to implement them
- Build relationships with our customer-facing teams (and occasionally our customers themselves) to best inform our approach to managing risk in a way that enables prudent growth
- Support risk assessments, audits, and ad-hoc projects as assigned
Our take
Lithic has developed a fast and simple card-issuing API that allows developers to create and monitor payment cards - physical and virtual - and the transactions that take place on them. Its expanding list of use cases includes on-demand services, vertical SaaS, and alternative lending, meaning its product spans a promising and exciting remit of growing sectors.
Lithic began as Privacy.com, helping customers keep their transactions private and secure through generating disposable, virtual payment card numbers. The significant uptake prompted a pivot of service to corporate customers and the card-issuing API (although Privacy.com continues as a subsidiary), and this savvy strategy has seen notable success as the appetite for fintech solutions continues to grow.
The company has raised impressive rounds of funding to continue developing its platform and its B2B direction. It will need this to keep its edge over larger competitors like Galileo and Marqueta - that is, to maintain its more modern infrastructure, and therefore its appealingly agile functionality for its early-stage startup customers.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Autonomy
""Autonomy" & "Trust" go hand-in-hand. What I've really enjoyed is how instead of having to "do your time", you step in from day one with the ability..."
Funding (last 2 of 7 rounds)
Jul 2021
$60m
SERIES C
May 2021
$43m
SERIES B
Total funding: $163.4m
Company benefits
- Health, vision, and dental insurance
- Flexible PTO
- 401(k) match
- Equity
- Remote-friendly
- 12 weeks of paid family leave
Company values
- Be a good neighbor
- Build a great neighborhood
- Ask why, learn why
- Empower others
- Think like an owner
- Do the thing
Company HQ
Lower Manhattan, New York, NY
Articles
Leadership
Bo Jiang
(CEO)Previous Research Assistant at MIT Media Lab and Engineer at Hatch Labs.
Jason Kruse
(CTO)Experience as a Software Development Intern at IBM and then became a Software Engineer at Expensify.
David Nichols
(Head of Design)Extensive experience in design, most recently working as a Designer for Rabbit & Hare and then Product Designer for Palantir Technologies.
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