Description
Wealthsimple is Canada's leading financial innovator, offering a full suite of simple, sophisticated financial products. The Fraud Countermeasures team is part of Data Science, focusing on balancing fraud losses with client friction.
The role:
- Own fraud strategy and execution across application, transaction and account takeover fraud for Wealthsimple's card products.
- Manage the card fraud loss budget and guard against fraud attacks.
- Design, backtest, ship and tune detection rules, and set decision thresholds on ML risk scores.
- Weigh fraud losses prevented against operational cost and client experience.
- Partner with Product and Engineering to build controls that stop fraud without blocking legitimate clients.
- Guide data scientists and analytics developers in your pod, and mentor junior teammates.
Requirements:
- 6+ years of experience in fraud prevention, including 3+ years working directly on card fraud.
- Hands-on ownership of card fraud strategy.
- Advanced SQL skills.
- Experience building, backtesting, shipping and tuning fraud rules.
- Ability to quantify fraud savings against operational and client experience costs.
- Experience using AI tools.
- Strong communication skills.
Nice to have: Knowledge of Visa and Mastercard network rules, dispute processes and chargeback rails.
Benefits:
- Top-tier health benefits and life insurance
- Long-term group savings with employer match
- 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
- 90 days away: work outside Canada for up to 90 days per year
- Employee resource groups