Director, Fraud Strategy

The Fraud Strategy Director will join PayJoy’s Financial Product team (Risk Strategy, Data Science, Data Analytics, Fraud Strategy and Fraud Ops). You will be responsible for defining and implementing strategies and processes that optimize the tradeoff between good customer conversion and fraud reduction in PayJoy’s point of sale credit card products. This role will work in close collaboration with credit strategy, product, engineering, data science, sales and operations. Successful candidates will define anti-fraud strategies for PayJoy’s merchant-distributed and direct to consumer channels, be deeply quantitative and possess a balanced view of anti-fraud and conversion where economic outcome is the northstar. PayJoy is committed to the goal of building a dynamic, diverse team, and strongly encourages applications from women and minorities.

Define PayJoy’s anti-fraud strategies for credit card (consumer direct)

Measure the efficacy of PayJoy’s anti-fraud strategies

Implement strategies that balance the tradeoff between conversion and fraud prevention

Design strategies that are automated and highly scalable

Lead and empower a team of analysts by example to define high-impact fraud strategies

Collaborate with Sales to craft fraud policies for merchants that distribute PayJoy

Build a fraud feedback loop that identifies potential lock vulnerabilities, triages them and appropriately escalates issues to PayJoy’s Lock Engineering team

Mentor and build a high impact fraud analytics team

7+ years designing anti-fraud strategies for consumer lending portfolios

3+ years managing and growing a team

Strong SQL skills and understanding of statistics and DS modelling

Able to use programming, processes and collaboration with business to drive results

You have negotiated exceptional contracts with 3rd party data vendors

Demonstrated ability to work in a fast-paced, entrepreneurial, global startup environment

Experience with merchant distributed consumer lending products is a plus