Decision Scientist, Fraud Risk

Company Description

It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 47 million monthly active customers. We want to redefine the world’s relationship with money to make it more relatable, instantly available, and universally accessible.

Today, Cash App has thousands of employees working globally across office and remote locations, with a culture geared toward innovation, collaboration and impact. We’ve been a distributed team since day one, and many of our roles can be done remotely from the countries where Cash App operates. No matter the location, we tailor our experience to ensure our employees are creative, productive, and happy.

Check out our locations, benefits, and more at cash.app/careers.

The Fraud unauthorized risk team in Afterpay is mainly managing Account Takeover and Stolen Financial risk.

As a Senior Fraud Decision Scientist at Afterpay, you’ll be responsible for key KPIs for the company's loss metrics with a good balance of customer experience. You will be tasked to set goals, create strategy, and closely collaborate with product managers, engineers and business stakeholders. You’ll be responsible for detecting changed fraud trends, writing rules with summarized patterns and closely monitoring the solution performance.

You will:

• Master large volumes of data; extract and manipulate large datasets using standard tools such as SQL and Python
• Maintain and further refine the fraud strategy framework, including fraud model strategies and flash fraud surgical rules
• Swiftly respond to system issues and deep dive into root cause analysis
• Build and refine fraud model strategy automation process to keep the model strategy up-to-date with high performance
• Review cases daily to timely capture flash fraud trends with quick response to stop loss leakage

Qualifications

You Have:

• Experience in data mining and analysis tools such as Python/ SQL etc
• A minimum of 3 years experience in quantitative statistics, math, business, or related disciplines
• Good communication skills and the ability to understand and synthesize requirements across multiple project domains
• A strong understanding of fraud patterns, including ATO or stolen CC
• An appreciation for the connection between the software you build and the experience it delivers to customers
• Exceptional time management skills, the ability to multi-task and triage the evolving responsibilities of the role
• Experience in fraud risk solutions is highly desirable

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $167,300 - USD $204,500

Zone B: USD $158,900 - USD $194,300

Zone C: USD $150,600 - USD $184,000

Zone D: USD $142,200 - USD $173,800

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

• Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources
• Employee Stock Purchase Program
• Paid time off (including 12 paid holidays)
• Paid parental and caregiving leave
• Paid Life insurance, AD&D, and disability benefits
• Learning and Development resources
• Healthcare coverage (Medical, Vision and Dental insurance)
• Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
• Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
• Retirement Plans including company match
• Health Savings Account and Flexible Spending Account

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC Statement

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.