Fraud Model Risk Manager, Machine Learning

Affirm; Prince Edward Island; Remote; USD 162,000 - 212,000; Full time

Job summary

An innovative firm is seeking a Fraud Model Risk Manager with extensive experience in machine learning and fraud detection. This role offers the chance to work cross-functionally, enhancing the company's model risk management framework while ensuring effective model validation. You will be part of a dynamic team that values critical thinking and collaboration, driving impactful decisions that mitigate risks. With competitive compensation and a remote-first work environment, this position is perfect for those looking to make a significant impact in a forward-thinking organization.

Benefits

Health care coverage

Flexible Spending Wallets

Competitive vacation and holiday schedules

Employee Stock Purchase Plan (ESPP)

Qualifications

• 7+ years of experience in model development and validation.
• Deep knowledge in machine learning and fraud risk management.
• Strong skills in Python and SQL for data analysis.

Responsibilities

• Perform challenges of machine learning models for fraud detection.
• Collaborate with model owners to improve validation findings.
• Implement and maintain the company's MRM framework.

Skills

Machine Learning

Fraud Detection

Data Science

Python

SQL

Critical Thinking

Communication Skills

Education

Bachelor's in Math

Master's in Data Science

PhD in Computer Science

Tools

scikit-learn

pyspark

Job description

Affirm Queens, Prince Edward Island, Canada

Join or sign in to find your next job

Join to apply for the Fraud Model Risk Manager, Machine Learning role at Affirm

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 is a plus
• Proven ability to work with scripting 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, or Computer Science
• Attention to detail, curiosity about data/models/algorithms, and strong critical thinking and problem-solving skills
• Exceptional interpersonal and communication skills (verbal and written)

Pay Grade

- O

Equity Grade

- 6

Employees new to Affirm typically start at the beginning of the pay range. Affirm emphasizes a simple, transparent pay structure based on location, experience, and skills.

Base pay is part of a total compensation package that may include stipends for health, wellness, and tech expenses, along with benefits such as medical, dental, and vision coverage for you and your dependents. Employees may also be eligible for equity rewards from Affirm Holdings, Inc. (parent company).

U.S. base pay range: $162,000 - $212,000 per year.

Work Environment & Benefits

Affirm is a remote-first company. Most roles are remote, but some may require occasional work from an office depending on responsibilities. Benefits include:

• Health care coverage with premiums paid by Affirm for you and dependents
• Flexible Spending Wallets for Technology, Food, Lifestyle, and Family Expenses
• Competitive vacation and holiday schedules
• Employee Stock Purchase Plan (ESPP) at a discount

We are committed to an inclusive interview process and provide reasonable accommodations for candidates with disabilities.

By submitting your application, you acknowledge reading Affirm's Privacy Notice and consent to the collection and use of your personal data.

Additional Details

• Senior Level: Mid-Senior level
• Employment Type: Full-time
• Job Function: Finance and Sales

Referrals can double your chances of interview success.