Member of Technical Staff - Head of Fraud
Nelo, NYC +1
What you will do
Role mission: Engineer a fraud detection and mitigation system that maximizes precision first, then recall.
- Fraud threat assessment. Within three weeks of start date, produce an independent fraud risk assessment of Nelo. Where are our biggest weaknesses? What is on fire, or a greater risk than we previously believed? What roadmap follows from those findings?
- Step-up optimization. Best-in-class log-in challenge rates are ultra-high precision and very low in relative terms. Within five weeks of start date, launch a test intended to get us to our challenge rate and precision goals.
- Acquisition fraud (if your background is in financial services). Much of our fraud in dollar terms is first-party fraud at time of acquisition: a tough problem, and one rich in opportunity. Within one month of start date, launch an experiment that reduces first payment default rate by 3 percentage points for a segment, with the smallest possible impact to approval rate.
- Establish the fraud ops function. Within three months of start date, build a system that generates repeatable intelligence from a manual fraud case review feedback loop, whether with AI agents, human agents, or both.