[Hiring] Fraud Strategist @SoFi

Role Description

We are searching for a Fraud Strategist, Business & Commercial Banking to own fraud strategy across SoFi's business banking surface: business onboarding, SMB lending, business deposit accounts, and commercial money movement. Business fraud is a different discipline from consumer fraud. The unit of risk is not a person but an entity, its beneficial owners, and the relationships between them, and the attack patterns reflect that:

• Synthetic and shell businesses at application
• Straw ownership
• Bust-out and loan stacking in lending
• Business email compromise and vendor impersonation in payments
• Check fraud
• Mule networks operating behind legitimate-looking registrations

You will design decisioning that verifies the business and the humans behind it as one risk surface, and that follows the entity from formation data through funding, transacting, and repayment. The work requires fluency in:

• KYB orchestration
• Beneficial ownership verification
• Entity resolution across businesses and owners
• Commercial payment fraud typologies
• Rule-engine craft to translate that fluency into production policy

You do not need to have spent your whole career in business banking. Much of what makes a strong business fraud strategist was learned somewhere else: consumer identity verification, scam and ATO defense, payments risk, first-party analytics.

If you can reason clearly about which of those skills transfer to an entity context and which do not, you will do well here.

By joining SoFi, you'll join a company changing how people and businesses manage their money. We offer the pace of a growing startup with the stability of an established leadership team.

Qualifications

• BA/BS in Statistics, Information Systems, Mathematics, Data Science, or related fields, or equivalent work experience
• 5-8 years of work experience in Fraud Analytics
• Direct business or commercial banking exposure is a strong plus
• Deep consumer fraud experience with a clear view of what transfers to an entity context is an acceptable substitute

Requirements

• Hands-on experience with KYB orchestration and business identity data
• Working command of the business fraud taxonomy
• Demonstrated track record using entity-level analysis
• Working knowledge of onboarding orchestration and rules engines
• Deep mastery of evaluating trade-offs between fraud mitigation and UX
• Expert-level SQL/Python skills
• A proactive leader who uses cross-functional persuasion
• Positive, proactive attitude with the ability to identify problems and advocate for initiatives

Benefits

• The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.
• To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!