Fraud Model Risk Manager, Machine Learning

Affirm; Canada; Remote; USD 162,000 - 212,000; Full time

Job summary

An innovative firm is seeking a skilled professional to join its Model Risk Management team. This role offers the chance to engage in critical business decision-making by validating and monitoring machine learning models used for fraud detection. You'll collaborate cross-functionally to enhance model performance and mitigate risks, contributing to a transparent and effective MRM framework. With a focus on people-first values, this remote-first company provides a supportive environment for your career growth while offering competitive benefits, including comprehensive health coverage and flexible spending options. If you're passionate about data and eager to make an impact, this opportunity is perfect for you.

Benefits

100% subsidized medical coverage

Dental and vision coverage

Flexible Spending Wallets

Competitive vacation and holiday schedules

Employee stock purchase plan

Qualifications

• 7+ years in model development, validation, or data science.
• Deep knowledge of machine learning and fraud risk management.

Responsibilities

• Challenge machine learning models for fraud detection.
• Collaborate with model owners to improve validations.

Skills

Machine Learning

Fraud Detection

Data Science

Critical Thinking

Problem Solving

Communication Skills

Education

BS in Quantitative Field

MS in Quantitative Field

PhD in Quantitative Field

Tools

Python

SQL

scikit-learn

pyspark

Job description

Remote Canada

Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.

We’re looking for an intelligent, driven professional to join our Model Risk Management (MRM) team. This team seeks to establish, maintain and oversee an effective MRM framework to identify, quantify, monitor, mitigate and report on model risk throughout the company. You will have an outstanding opportunity to work cross-functionally to develop a profound understanding of models that drive critical business decisions, and add value to the company by mitigating risks due to ineffective model design or model misuse.

What You’ll Do

• Perform independent challenges of machine learning models used for fraud detection/fraud risk management through thorough validation and ongoing monitoring
• Identify model weaknesses and opportunities for improvement
• Collaborate with model owners to remediate model validation findings
• Partner cross-functionally to implement and maintain the company’s MRM framework
• Partner with Internal Audit, Internal Controls, and Compliance to ensure timely resolution of audit and regulatory requests

What We Look For

• 7+ years of professional experience in related technical areas such as model development, model validation, data science
• Deep and broad knowledge and experience in machine learning modeling, fraud detection, and fraud risk management; experience in credit risk a plus
• Proven ability to work with script languages (e.g., Python) and large-scale datasets (e.g., SQL)
• Extensive experience with machine learning platforms and frameworks (e.g., scikit-learn, pyspark) and cloud-based coding environments and databases
• BS, MS, or PhD in a quantitative field such as Math, Data Science, Computer Science
• Oriented toward detail, curious about data/models/algorithms, skilled at critical thinking and problem solving
• Extraordinary interpersonal and verbal/written communication skills

Pay Grade - O
Equity Grade - 6

Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills.

Base pay is part of a total compensation package that may include monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents). In addition, the employees may be eligible for equity rewards offered by Affirm Holdings, Inc. (parent company).

CAN base pay range per year: $162,000 - $212,000

#LI-Remote

Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.

We’re extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:

• Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
• Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
• Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
• ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount

We believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.