Senior Fraud Risk Associate at Ramp

New York, New York, United States

Apply Now

$136,400 – $208,400Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Understanding of fraud concepts & data sources
Fluency with data
Ability to drive a broad set of projects fairly independently
Ability to work with cross-functional teams (product, engineering, operations, finance, marketing, sales, and design) to influence and execute risk strategies

Responsibilities

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
Leverage data to develop and optimize fraud strategies, including underwriting (KYC/B, OFAC, fraud risk) and customer management (payment, transactions, account take-over) strategies

Skills

Key technologies and capabilities for this role

Fraud StrategyUnderwritingKYCOFACFraud RiskData AnalysisRisk ManagementCross-functional Collaboration

Questions & Answers

Common questions about this position

What is the salary range for the Senior Fraud Risk Associate position?

The salary range is $136.4K - $208.4K.

Is this role remote or hybrid, and where is it located?

The position is hybrid.

What key skills are required for this role?

The role requires an understanding of fraud concepts and data sources, fluency with data, and the ability to work independently with cross-functional teams.

What is the company culture like at Ramp?

Ramp offers significant ownership of projects, freedom and autonomy to innovate, and opportunities to expand influence with larger strategic initiatives. The team comprises talented leaders from leading financial services, fintech, and technology companies.

What makes a strong candidate for this position?

Strong candidates have an understanding of fraud concepts, fluency with data, ability to drive projects independently, and experience partnering with cross-functional teams to execute strategies.

Ramp

Corporate card and spend management platform

About Ramp

Ramp provides a corporate card and spend management platform that helps businesses track expenses and save money. The platform allows finance teams to manage corporate cards, expense reports, and bill payments in one place, and it integrates with tools like Slack for added convenience. Ramp serves a wide range of clients, from large enterprises to creative agencies, and aims to reduce overall expenses through its comprehensive financial tools. Unlike competitors such as Amex and Brex, Ramp generates revenue through interchange fees on card transactions and subscription fees for advanced features. The company's goal is to streamline financial operations for businesses and help them achieve significant cost savings.

New York City, New YorkHeadquarters

2019Year Founded

$1,096.3MTotal Funding

SERIES_DCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Competitive salaries: You never have to wonder how your pay compares. Our generous comp reflects our belief that you’ll take Ramp to the next level.

Comprehensive health plans: US-based employees get full medical, dental, and vision insurance coverage. Everyone gets a monthly stipend for personal wellness.

Professional development: Take advantage of our annual education stipends to stay on top of your personal growth.

Unlimited PTO: Flexible vacation days give you the time to step away, unwind, and recharge.

Risks

Increased competition from fintech startups could challenge Ramp's market position.

Economic downturns may reduce business spending, affecting Ramp's revenue streams.

The volatile travel industry poses risks to Ramp's new travel booking services.

Differentiation

Ramp integrates with popular tools like Slack and Workday for seamless financial operations.

The platform offers advanced accounting automations, reducing manual work for finance teams.

Ramp's use of stablecoins and modern financial instruments sets it apart from competitors.

Upsides

Ramp's integration with Workday enhances real-time data syncing and accounting automation.

The partnership with Priceline expands Ramp's services into the growing business travel sector.

Ramp's recent $750 million funding boosts its capacity for innovation and market expansion.

Land your dream remote job 3x faster with AI

Try Jobo Free