Director, Fraud Risk (Remote)

Brex

United States of America / Remote
  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Post Date: 06/02/2021
  • Website: brex.com
  • Company Address: 115 Sansome Street Suite 1200, San Francisco, CA, 94104

About Brex

Brex is reimagining financial systems so every growing company can realize their full potential. New customers can get up and running in minutes with corporate credit cards and cash management in a single, strategic account. Plus, companies save hours every month with built-in tools and integrations to track spend, and earn points on every card purchase.

Job Description

Why join us
Brex is reimagining financial systems so every growing company can realize their full potential. As the financial OS, we’re building software and services in one place—disrupting long-entrenched institutions with products and experiences that better serve the ambitions of our customers.

Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.

Risk at Brex
The Risk team is building a premier Risk Management Brand for Brex while enabling fast paced business line, product and customer expansion. We are the business owners for financial losses and the steward of our organizational risk appetite, and we do this while helping the business maximize growth. The team is hands on, technical, quantitative, strategic and owns company wide risk policies and the processes and constructs that maintain them. . This team consists of high performers with prior experience across FinTech, Payments, Banking, Accounting, Operations and Lending. 

What you’ll do
As Director, Fraud Risk, you will be responsible for laying the Fraud Risk investment roadmap especially focused on controls at account onboarding. The individual will focus on Fraud Risk strategy for new ventures and products as well as taking a proactive approach to addressing external fraud threats, one that is informed by industry knowledge and developments as well as the Brex product roadmap. Critical skills for this role include the ability to take an abstract problem and return tangible results and the ability to design proactive controls for new and emerging risks.  

To execute successfully, Brex is looking for a subject matter expert with deep knowledge of account and deposit fraud within banking or other financial organizations. 

Responsibilities

  • Evaluate Brex’s product roadmap and develop an actionable, proactive and evolving plan that derisks expected fraud trends and events 
  • Leverage deep subject matter expertise and data drive analyses to offer senior management and executive team on options to mitigate future risks and prevent future fraud losses 
  • Work closely with Compliance and Internal Audit to develop governance and strategy for ensuring Brex is pursuing a holistic fraud prevention and risk management strategy
  • Manage external data evaluation for selecting best in class fraud data sources and ongoing monitoring 
  • Comfortable navigating in an ambiguous environment and solving open ended problems
  • Support special projects and research needs of Brex to evaluate Fraud Risk of new products and investments 
  • Stay up to date on relevant fraud trends and industry best practices
  • Manage a small, elite and growing team of analytically minded risk strategists]

Requirements

  • 7+ years with KYC and New Account fraud experience specifically within the financial sector 
  • Experience in Cash / bank account onboarding is highly desirable
  • Broad understanding of the financial industry’s competitive landscape and what industry standard is for mitigating fraud 
  • Strong ability to define success metrics for fraud 
  • Familiar with various fraud mitigating strategies for any given problem in the banking industry
  • Knowledge of industry-best solutions for onboarding external data sources 
  • Bachelor’s Degree in a quantitative field or equivalent professional experience
  • Experience building fraud policies and monitoring performance throughout the organization 
  • Able to adapt to an ambiguous working environment with a focus on taking an abstract situation and moving it towards actionable work 

Bonus points

  • Experience in both corporate and consumer banking experience 
  • Prior start up experience especially with launching financial products

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.