Fraud Risk Analyst
Ramp is the ultimate platform for modern finance teams. Combining corporate cards with expense management, bill payments, vendor management, accounting automation and more, Ramp's all-in-one solution is designed to save businesses time and money, and free finance teams to do the best work of their lives. Our mission is to help build healthier businesses, and it’s working: over 15,000 businesses on Ramp to save an average 5% and close their books 8x faster.
Founded in 2019, Ramp powers the fastest-growing corporate card and bill payment platform in America, and enables tens of billions of dollars in purchases each year.
Ramp's investors include Founders Fund, Stripe, Citi, Goldman Sachs, Coatue Management, D1 Capital Partners, Redpoint Ventures, General Catalyst, and Thrive Capital, as well as over 100 angel investors who were founders or executives of leading companies. The Ramp team comprises talented leaders from leading financial services and fintech companies—Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, Capital One—as well as technology companies such as Meta, Uber, Netflix, Twitter, Dropbox, and Instacart. In 2023, Ramp was named Fast Company’s #1 Most Innovative Company in North America, LinkedIn’s #1 Top Startup in the U.S., a CNBC Disruptor, and a TIME100 Most Influential Company.
About the Role
As a founding member of Ramp's Fraud Strategy & Operations team, you will leverage data to develop and optimize fraud strategies, including underwriting (KYC/B, OFAC, fraud risk) and customer management (payment, transactions, account take-over) strategies. This role requires an understanding of fraud concepts & data sources, fluency with data, and the ability to drive a broad set of projects fairly independently. The role also requires the ability to work with cross-functional teams (product, engineering, operations, finance, marketing, sales and design) to influence and execute on risk strategies.
What You’ll Do
Leverage external and internal performance data to come up with insights to develop best in class fraud policies (e.g. identity/first party fraud, transaction fraud, account takeover fraud, KYC/B, etc.) that will create value for Ramp and its customers
Deep dive into individual fraud events to perform root cause analyses, and combine the insights with a data driven approach to develop fraud defenses
Partner with product, engineering and design teams to execute fraud policies and features
Implement fraud risk metric monitoring by researching/ resolving risk events and developing levers that mitigate risk factors
Partner with data scientists to build and leverage fraud risk models in Ramp’s risk policy
Drive Ramp’s customer experience by diving deep into the flow of funds (repayments, chargebacks, etc.)
Research emerging underwriting and fraud trends to innovate on Ramp's decisioning systems and policies
What You Need
Minimum 2 years of experience in fraud risk management or quantitative strategy role
Minimum 2 years of experience using SQL or Python for data retrieval and manipulations
Experience within consumer/corporate/small business cards, payments, invoices, lending, or related industries
Excellent written and verbal communication skills
Experience in high growth startups
Experience building complex financial products
The annual salary/OTE range for the target level for this role is $114,750-$135,000 + target equity + benefits (including medical, dental, vision, and 401(k)
Benefits (for U.S.-based full-time employees)
100% medical, dental & vision insurance coverage for you
Partially covered for your dependents
One Medical annual membership
401k (including employer match on contributions made while employed by Ramp)
Fertility HRA (up to $5,000 per year)
WFH stipend to support your home office needs