Senior Fraud and Risk Specialist

Full Time
Nashville, TN, USA
4 months ago

At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.

Trust and confidence is fundamental to the Lyft marketplace, and the Fraud and Risk Analytics team is charged with providing and ensuring that trust and safety to all customers. The Fraud and Risk Analytics team is one of the most critical teams that helps protect Lyft and enables the company to grow in a sustainable way. The team is fast-paced, high-energy, and meticulous in diagnosing emerging fraud patterns and preventing fraud loss before it can happen. We drill holes in all the products we launch and obsess over how to make our business impervious to fraud vectors. The team conducts a rigorous analysis of complex data sets and sets up multiple layers of business rules, models, and other processes to prevent potential fraud. We are a highly cross-functional team and regularly engage in discussion and reviews with stakeholders to prioritize plans for reducing fraud impact and introducing safety features.

We’re looking for a rock-star to join a fast-paced environment to contribute to Fraud-related analysis and operations. This individual is responsible for investigating and developing solutions to prevent and mitigate third party fraud. This person will proactively identify fraud patterns and sources to minimize the company’s exposure to financial and reputational risk.

This person is quantitatively driven, detail-focused, and operations-savvy while ensuring the best possible customer experience. This individual possesses a high level of subject matter expertise and is experienced in utilizing information generated from fraud patterns, data analytics and business knowledge to identify insights and formulate a response plan. The individual will also work with the operations team to define efficient processes and systems for the fraud and customer support agents to resolve fraud issues quickly and meet organizational service-level objectives. 

Responsibilities
  • Regularly working with the team on reviewing the fraud queues on a daily basis towards improving upon losses and meeting departmental SLAs.
  • Handling internal escalations across a variety of channels as a rotating on-call agent.
  • Identifying and tracking false positives to improve existing rules and models.
  • Reenabling and reengaging false positives on a case-by-case basis. You work closely with the Customer Experience and Trust team to support and ensure good drivers are not impacted by false positives.  
  • Collaborating with your manager and the team to improve fraud measures and minimize false positives. Improving fraud prevention is an ongoing process of trial and error, and critical to that process is constant feedback. 
Experience:
  • BA/BS; degrees in analytical fields such as Computer Science, Statistics, Operations, Business Administration, a plus. 
  • 1-2 years of experience in a fraud or risk monitoring role at a payments company, bank, or online marketplace.
  • A strong passion for Lyft’s mission and the ride sharing community.
  • Detective-like mentality; you want to help customers but also maintain strong risk protections.
  • Ability to spot patterns, solve problems, and identify things that just don’t look right.
  • Beginner to Intermediate experience in SQL a plus.
  • Have a bias towards action in resolving issues and perform in a high-energy, fast-paced environment
  • Ability to provide a high-level of detail in every action
  • History of effectively working with multiple teams to build new capability and implement projects
  • Strong time management skills
Benefits:
  • Great medical, dental, and vision insurance options
  • Mental health benefits
  • Family building benefits
  • In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
  • 401(k) plan to help save for your future
  • 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
  • Pre-tax commuter benefits
  • Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program

Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.  

This role will be in-office on a hybrid schedule following the establishment of a Lyft office in Nashville — Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.

The expected base pay range for this position in the Nashville area is $55,760-$69,700. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.