Fraud Data Scientist Details

BlockFi - New York, NY

Employment Type : Full-Time

What is BlockFi?

BlockFi's mission is to provide liquidity, transparency and efficiency to digital financial markets by creating products that meet the needs of consumers and corporations across the globe. We build bridges between traditional finance and digital markets that enable growth for all participants.

We're a team of builders and strivers, proud to champion financial inclusivity and offer economic opportunities around the globe. We provide the same inclusivity to our team members. BlockFi is a place where diversity is celebrated, individuality is recognized, and every single team member is valued. We are changing the status quo to be the first financial company that people love, and we rely on our people to make it happen!

BlockFi is looking for a Fraud Data Scientist to join our growing team!

About Your Team

As a Fraud Data Scientist, you will work to provide a data driven, seamless and frictionless online experience for consumers while mitigating fraudulent activity. This position will be accountable to execute operational processes aimed at identifying and investigating existing and emerging fraud methodologies, uncovering and defining product and client points of compromise, and evaluating and articulating root cause criteria for known fraud events. You will provide financial and operational impacts related to client fraud events, and recommend remediation paths. This person will have the technical prowess to write and execute data extraction and transformation pipelines, but also forensically investigate data, and tell compelling stories to a non-technical business audience. You will be part of the overall Security team and supported by all of our security team functions: security operations and incident response, security engineering, threat intelligence, red team, etc.

Your Mission

Perform data-driven forensic analysis of fraud events for the purpose of identifying and consistently categorizing the root cause of fraud events observed or attempted

  • Generate investigative reports that provide explanation and visibility to both fraud risk and lay audiences
  • Write Python and SQL code to identify, categorize, and analyze new and existing fraud vulnerabilities across large and disparate data sets
  • Create automated ETL and feature pipelines that support the fraud business practice and forensic event analysis
  • Develop and automate key performance and risk indicators that inform the ongoing effectiveness of the fraud prevention business practice
  • Develop and prototype reports that enable rapid fraud strategy development
  • Effectively articulate actions recommended, based on insights derived from data-driven investigation and analytics

Your Expertise

  • 5+ years of experience as a fraud data scientist or similar role
  • Extensive and demonstrated experience with building fraud investigation, incident response and data-driven analysis at scale
  • Passion and drive to fight fraud and protect clients, the business and the ecosystem from criminal activity
  • Education and/or experience typically obtained through completion of a Bachelor's degree in Mathematics, Statistics, Information Science, or Analytics.
  • Demonstrated experience with SQL, Python, and data analytics tooling
  • Expertise in driving operational efficiencies and scale through process improvements and automation
  • Experience with digital payments and/or payment networks
  • Some knowledge of the cryptocurrency ecosystem (BTC, ETH, Stablecoin, etc.) and underlying technologies (blockchain, wallets, etc.), and specific fraud trends in the crypto industry

Your Perks:

We benefit from the great work our employees do each day. That is why we are committed to providing a variety of awesome benefits to help them live their best lives.

  • Competitive salary because we value your experience and expertise
  • Unlimited vacation / sick days because everyone deserves time for R&R
  • Employer contribution towards health coverage (including vision & dental) because your physical health and well-being is important to us
  • Various fringe benefits such as 401k, Parental Leave, FSA/HSA, and Employee Assistance Programs because health coverage is more than just choosing your yearly plan
  • Flexible work environment because we are a geographically dispersed team and we believe in balance
  • Pet insurance because all of your beloved family members should have coverage too
  • Weekly lunch stipend because there is such a thing as a free lunch!
  • A close-knit team of enthusiastic, collegial and driven people to work alongside in a highly meritocratic environment because teamwork makes the dreamwork

Why BlockFi?

BlockFi has experienced incredible growth since our launch in August 2017. Our client base has grown to more than 225,000 (and counting), and the company now boasts more than $15 billion in assets on our platform. We recently completed a Series D funding round placing the company's valuation at $3 billion, and our team now has more than 500 people worldwide. We have established ourselves as a crypto market leader, and as we expand our product suite and geographic footprint, we expect our addressable market to grow exponentially.

BlockFi's leadership team has decades of experience in the traditional financial services and banking world, and we take a conservative approach to regulation that will position us well for sustainable long-term growth and expansion.

Our team is comprised of highly motivated professionals from diverse backgrounds. We are aiming to become the leading lender in crypto and are poised to redefine the global financial ecosystem for the better. In addition:

  • BlockFi is one of the first companies to ever offer crypto-backed loans and the only company whose founding team has an institutional understanding of the debt capital markets and regulatory landscape in the U.S.
  • $100 MM of Series A, B, and C funding led by Valar Ventures with participation from Susquehanna, Winklevoss Capital, Fidelity, Galaxy Digital, Akuna Capital, and Morgan Creek
  • $350 MM of Series D funding led by Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global
  • We are moving quickly and have already deployed substantial capital into the space, proving our ability to execute and capture customer demand

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Posted on : 2 years ago