Payments Risk Analyst II

About the role

As a , you will be integral to the protection of our fiat payment systems against fraudulent activities. This position involves working within a team dedicated to enhancing risk management strategies while ensuring our users enjoy a secure and experience. Your contributions will be vital in maintaining the integrity of our platform, which caters to millions of users globally.

Key facts

What you'll do

• Lead efforts in managing risks associated with ACH transactions, developing advanced fraud prevention strategies that align with the company's growth objectives.
• Detect and mitigate fraudulent deposit activities by implementing targeted approaches against high-risk behaviors and malicious entities.
• Perform thorough analyses of fraud metrics to assess the effectiveness of existing risk controls, providing actionable insights to management based on data findings.
• Work collaboratively with various teams, including Product, Growth, Data Science, Risk ML, and Engineering, to enhance risk management methodologies, shifting from conventional rules to data-driven models.
• Investigate atypical customer behaviors and transaction patterns, proactively identifying and rectifying monitoring gaps to avert potential financial losses.
• Develop and maintain comprehensive documentation of risk management processes and procedures to ensure compliance and operational efficiency.
• Monitor industry trends and emerging threats in fraud to continuously adapt and improve risk management practices.
• Train and mentor junior team members on best practices in risk analysis and fraud prevention techniques.

Requirements

• A minimum of 4 years of experience in the fields of risk management, fraud prevention, or payments operations, with at least 2 years specifically focused on fraud prevention within fintech, e-commerce, or financial services sectors.
• Proficiency in SQL, with at least 2 years of hands-on experience in querying and analyzing large datasets, capable of managing analytics projects independently from inception to completion.
• Familiarity with identity verification data and fraud detection technologies to develop and enhance risk mitigation strategies.
• Strong ability to quantify the financial impact of fraud-related decisions and effectively relay findings to senior management and cross-functional teams.
• Comprehensive understanding of ACH payment processing and the associated NACHA regulations.
• Experience in the responsible use of generative AI, ensuring appropriate human oversight to improve workflow efficiency and output quality.

Nice to have

• Knowledge of machine learning applications relevant to risk management.
• Experience in the design and implementation of automated systems for fraud detection.
• Previous involvement in cross-functional projects that enhance risk management practices.

Skills & tools

• Proficient in SQL
• Expertise in data analysis and visualization tools
• Familiarity with fraud detection software
• Understanding of ACH processing systems and regulations

Practical notes

• The base salary for this position ranges from $135,320 to $159,200 USD, contingent on location. Total compensation may also include equity, bonuses, and a comprehensive benefits package, which encompasses medical, dental, vision, and 401(k) plans.
• Candidates are allowed to submit a maximum of three applications within a six-month period.
• Coinbase is committed to being an Equal Opportunity Employer, ensuring that all qualified applicants receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or genetic information.
• Applicants with criminal backgrounds will be assessed in accordance with applicable laws.
• For those requiring reasonable accommodations due to a disability, please reach out via email with your request and contact details to accommodations[at]coinbase.com.
• By submitting your application, you consent to our Candidate Privacy Notice and the Arbitration of Disputes for U.S. applicants.

About the company

Coinbase is a publicly traded cryptocurrency exchange platform. Founded by Brian Armstrong and Fred Ehrsam in 2012, Coinbase went public via direct listing on NASDAQ in April 2021. The platform serves over 110 million verified users and supports trading for hundreds of digital assets.