Fraud Strategy Lead

As a member of Fraud Strategy within the Trust & Safety department, this role is accountable for developing and executing fraud risk strategies that enable the business to effectively mitigate fraud risk in an ever changing and evolving business environment.

This role applies strong domain knowledge to independently manage complex initiatives , contributing to fraud strategy development and execution while influencing cross-functional partners through data, analysis, and collaboration. The role impacts millions of customers globally through partnership, education, and insight-driven recommendations.

Ultimately, the success of this role will:

Reduce fraud losses through identification of trends and development of fraud strategies and business rules

Improve the efficiency of fraud prevention processes to support global program growth

Minimize negative customer experiences by identifying friction points and implementing technology-based solutions to drive solutions

What’s Great About This Role?

You’ll work to detect various emerging fraud patterns spanning both first and third party fraud types and develop key solutions to prevent them

You’ll be visible in the organization and communicate and interact with senior leaders and executives globally

You’ll identify and support implementation of tools to that enable more effective detection, prevention, and response to fraud at scale

You’ll work on interesting problems that have a real and direct impact on the business

You’ll tackle global issues and work on different regional fraud challenges around the world

You’ll be part of a highly impactful team that takes ownership of projects, drives change, and influences cross-functional outcomes

You’ll support the company’s commitment to protect the confidentiality of our customer data and the integrity of our systems

With lots of variety in our ever-changing, fast-paced, entrepreneurial org, you won’t get bored

The Opportunity:

Analyze fraud vectors across SquareTrade's platform including both first party and third party fraud types to develop strategies that identify the bad actors and improve the experience

Develop and maintain metrics and KPI’s that measure risk mitigation strategies and communicate progress to key stakeholders and leadership

Own and drive the fraud rule lifecycle for assigned areas, including opportunity identification, business case development, strategy design, testing, deployment, monitoring, and ongoing optimization

Evaluate existing rules and controls for overlap, effectiveness, operational impact, and opportunities to simplify or strengthen coverage

Paner with Fraud Operations to support alignment on policies, procedures, and investigative practices while helping address operational challenges

Contribute to cross-functional projects supporting fraud prevention and business growth while balancing customer experience and operational efficiency

Influence stakeholders across the organization to prioritize and implement fraud mitigation strategies that balance risk reduction, operational efficiency, and customer experience

Utilize large amounts of complex data with data-driven analytical techniques to monitor customer behaviors and detect trends in fraudulent activity, and develop strategies to mitigate risk and improve customer experience

Proactively identify new opportunities and strategies to strengthen controls, processes, and systems

Partner with internal teams and third parties to monitor risk trends, apply industry best practices, and ensure compliance and regulatory obligations

Demonstrated ability to independently identify problems, define hypotheses, and drive high-impact solutions with limited direction

Strong prioritization skills with the ability to manage competing demands, navigate ambiguity, and make sound tradeoff decisions aligned with business objectives

Proven experience influencing cross-functional teams to implement risk strategies, process changes, or product enhancements

3-5 years of experience in developing risk rules, strategies, policies, and procedures that direct user behavior, leveraging both internal and 3rd party capabilities, owning them end to end

Strong analytical and problem-solving skills, including experience using SQL, Python, R, SAS, or similar tools to evaluate strategy performance and identify opportunities

Demonstrated ability to effectively interact with senior leaders and executives to present complex findings and outline progress, plans, and opportunities to address them

Experience in fraud prevention rule management systems, device profiling, customer verification, document verification technologies

At SquareTrade you'll have access to:

Medical, dental and vision coverage with network optionality and the ability to contribute to a savings account (HSA or FSA)

Up to 4% company match into 401(k) and contributions into your company-sponsored pension

$75/month budget to help prioritize your physical wellbeing

$80/month stipend to subsidize connectivity…