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Fraud Strategy Expert (Multiple Positions)

California, United States (On-site)

Fraud Strategy Expert (Multiple Positions)

1 Month ago • 3-3 Years • Monetization

About the job

6 skills required for this role

Test your skills to join the top 1% applicants for this job

data-analytics

risk-mitigation

risk-management

performance-testing

cross-functional

talent-acquisition

Job Description

ByteDance is seeking a Fraud Strategy Expert to join their team in San Jose, CA. This role will involve analyzing fraudulent transactions, building systems to mitigate risk, and collaborating with cross-functional teams. The ideal candidate will have at least 3 years of experience in risk strategy, fraud analysis, or payment fraud. Responsibilities include analyzing cardholder disputed/fraud transactions, monitoring the performance of fraud mitigation systems, conducting deep dives into risk metrics, designing dashboards, collaborating with stakeholders, and staying up-to-date on card scheme regulations.

Must have:

Bachelor's degree in relevant field
3+ years of experience in risk strategy, fraud analysis, or payment fraud
Experience analyzing large datasets to identify fraud trends and patterns
Experience developing fraud detection rules and models
Experience developing and scaling fraud and risk programs
Experience designing and executing POC use cases for fraud systems
Experience conducting risk assessments for internal and external risks

Perks:

100% premium coverage for employee medical insurance
75% premium coverage for dependents
Health Savings Account(HSA) with company match
Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans
Flexible Spending Account(FSA) Options
10 paid holidays per year
17 days of Paid Personal Time Off (PPTO)
10 paid sick days per year
12 weeks of paid Parental leave
8 weeks of paid Supplemental Disability
Mental and emotional health benefits through EAP and Lyra
401K company match
Gym and cellphone service reimbursements

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Responsibilities

About ByteDance Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content. Why Join Us Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible. Together, we inspire creativity and enrich life - a mission we aim towards achieving every day. To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always. At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users we serve. Join us. About the Team Our team plays a crucial role in ensuring the company’s success. We seek people who are willing to learn and put in the effort to solve problems. Our challenges are not your regular day-to-day problems - you’ll be part of a team that’s developing new solutions to new challenges. It’s working fast, at scale, and we’re making a difference. We are looking for talents to join us on this exciting journey! Responsibilities Analyze cardholder disputed/fraud transactions as per card scheme regulation and establish subject matter strategy systems to mitigate fraud risk. Build on-going tracking and monitoring of the performance of current processes, decision systems, and models and produce clear and understandable visualizations, dashboards, and reports. Conduct deep dive into risk metric performance and communicate the result and insights with stakeholders. Design and develop dashboards to monitor key trends, KRIs (Key Risk Indicators), and KPIs (Key Performance Indicators) that pertain to different use cases and user profiles. Collaborate with cross-functional teams including product managers, operation managers, and engineering team to drive the delivery of the payment risk mitigation system. Keep current on card scheme rules and regulations.

Qualifications

Must have a Bachelor's degree in Computer Science, Engineering (any), Information Technology, Information Security, Data Analytics, Business Analytics, Economics, Mathematics, Statistics, or a related quantitative field, and 3 years of related work experience in risk strategy, fraud analysis, or payment fraud. Of the required experience, must have 3 years of experience in each of the following: Analyzing large amounts and various types of data to identify trends, patterns, and typologies of fraud and risks; Developing fraud detection rules and models to increase fraud detection rates, decrease false positive rates, and reduce fraud loss, while minimizing customer friction; Developing and scaling fraud and risk programs; Designing and executing POC (Proof of Concept) use cases to evaluate different fraud systems and conduct system functionality, usability and performance testing, and implement systems in production; and Conducting risk assessments for both internal and external risks, including identifying areas with high residual risks and deploying robust risk controls to align risk areas with organizational risk appetite. Type: Full time, 40 hours/week Location: San Jose, CA Salary Range: $122312 - $239556 per year To Apply, click the apply button below. Contact lpresumes@bytedance.com if you have difficulty submitting resume through the website. ByteDance Inc. is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At Bytedance, our mission is to inspire creativity and bring joy. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too. ByteDance Inc. is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at lpresumes@bytedance.com. #LI-DNI #IND-DNI

Job Information

【For Pay Transparency】Compensation Description (annually)

The base salary range for this position in the selected city is $122312 - $239556 annually.​
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.​
Our company benefits are designed to convey company culture and values, to create an efficient and inspiring work environment, and to support our employees to give their best in both work and life. We offer the following benefits to eligible employees: ​
We cover 100% premium coverage for employee medical insurance, approximately 75% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care. ​
Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off (PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability. ​
We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. The Company reserves the right to modify or change these benefits programs at any time, with or without notice.​
For Los Angeles County (unincorporated) Candidates:​
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:​
1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;​
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and​
3. Exercising sound judgment.​