About the Opportunity

Settle is growing quickly, and we’re building out our Risk and Underwriting team to execute against our strategy. We have an amazing culture at Settle so we want to make sure that you are not only the right fit for us, but we are the right fit for you. The main purpose of this role is to manage and develop fraud policies and processes to identify and minimize fraud. We're looking a superb communicator, that has a strong business acumen and an investigative mindset.

How You’ll Make an Impact

  • Work internally with multiple stakeholders to identify fraud, mitigate exposure and enhance recovery
  • Collaborate closely with and provide Data & Engineering with business requirements that would improve risk tools and detection of emerging fraud trends
  • Develop and implement fraud/risk rules and strategies to improve fraud detection accuracy with maximum automation
  • Analyze large data sets and perform ad-hoc analysis to identify fraud trends, take action to stop fraud activity, enhance fraud rules, and improve automation
  • Work with the data team to develop models, evaluate and improve performance by identifying data gaps or new variables
  • Validate the fraud rule performance to ensure optimal results
  • Identify and build fraud metrics for KPIs, reports and dashboards to monitor and benchmark performance
  • Develop and continuously improve processes to identify, communicate, and escalate fraud activity to internal and external stakeholders
  • Identify onboard and manage relationships with a host of fraud and risk management vendors to enhance fraud detection and mitigation techniques

What Sets You Apart

  • Bachelor degree or equivalent work experience in Finance, Math, Statistics or related fields
  • 4+ years risk fraud mitigation experience in payments and/or lending with traditional and alternative payment methods
  • Ability to analyze fraud patterns, create empirical rules and prevention strategies to identify and mitigate fraud attacks
  • Extensive knowledge in fraud schemes, risk prevention methods and detection tools for payments and lending businesses
  • Experience mitigating online fraud, such as account takeover, phishing, online card testing, etc.
  • Strong quantitative analytical experience, including background with statistical modeling including the ability to analyze large transactional data sets, interpret ambiguous situations, and make decisions under pressure
  • Strong understanding of the payments landscape across all participants – issuer, merchant, acquirer and network
  • History of managing a team and building a fraud function from the ground up
  • Excellent written, oral and presentation skills and an ability to synthesize information and make clear, concise recommendations on a course of action
  • Creative, team-focused, and effective problem solver

Compensation

This role has an annual starting salary range of $120,000 - $140,000 + equity + benefits. Actual compensation is influenced by a wide array of factors including but not limited to your individual skills and experience.

Who We Are

Settle is a FinTech company on a mission to help businesses thrive by taking the worry out of cash flow management. We’re building software making it super easy for finance teams to track, pay, and reconcile invoices. We pair that with lending products to offer our customers the power and flexibility to choose who, when, and how to pay their customers.

Our small but growing team was founded in San Francisco along with an engineering hub in Lviv, Ukraine. We’re building a fully distributed team and support you working from wherever you are. We're well funded (Series-B) with backing by Ribbit, Stripes, Kleiner Perkins, Founder’s Fund, SciFi Ventures, and others. Our benefits are competitive, our time off is flexible, and our compensation packages include equity.

Check out this Techcrunch article and Kleiner blog post.

Our Commitment to You

At Settle we know that cultivating diversity and fostering an inclusive work environment is critical to our impact and success. We create an environment where no individual is advantaged or disadvantaged because of their background. We offer equal opportunity employment regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, or protected veteran status.

With a commitment to maintaining a bias-free environment in which harassment is prohibited, we respect cultural diversity and comply with the laws of the places in which we operate. We expect our business partners, suppliers, clients, and all of our team members to uphold these commitments.

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