About the role
About the Company Rain makes the next generation of payments possible across the globe. We’re a lean and mighty team of passionate builders and veteran founders. Our infrastructure makes stablecoins usable in the real-world by powering card transactions, cross-border payments, B2B purchases, remittances, and more. We partner with fintechs, neobanks, and institutions to help them launch solutions that are global, inclusive, and efficient. You will have the opportunity to deliver massive impact at a hypergrowth company that is funded by some of the top investors in fintech, crypto, and SaaS, including Sapphire Ventures, Norwest, Galaxy Ventures, Lightspeed, Khosla, and several more. If you’re curious, bold, and excited to help shape a borderless financial future, we’d love to talk. Our Ethos We believe in an open and flat structure. You will be able to grow into
the role that most aligns with your goals. Our team members at all levels have the freedom to explore ideas and impact the roadmap and vision of our company.
About
the Team The fraud risk management team at Rain creates sophisticated, scalable risk mitigation solutions to protect our customers and provide them a low-friction experience. We achieve this by maintaining transaction and lifecycle event monitoring, building alerts to speed up fraud detection and response, and creating risk rules and strategies empowered with ML models. We are a pillar of the business supporting new products and ensuring their success. Rain’s next generation payment technology brings unique and new fraud vectors requiring holistic, end-to-end thinking, strong data fundamentals and fraud management savvy to combat. What you’ll do Serve as a primary point of contact for fraud-related escalations from partners and customers. Create ad hoc data pulls with SQL for anomaly investigation and analyze the results for fraudulent activity. Document investigation findings, actions taken, and outcomes in accordance with internal processes. Work with Visa tools to investigate transactions and report fraud to Visa (via their tools) and our partners as needed. Recommend actions on cards, accounts and rule sets based upon deep dives of fraudulent traffic. Stay current with the latest industry fraud trends, emerging fraud techniques, and new technologies to remain effective at identifying and preventing evolving schemes. Partner with Product, Engineering, and Compliance teams to escalate findings and inform rule changes. You are likely to succeed if you have: Proficiency in SQL, Excel and data visualization tools. 2+ years of experience in fraud prevention, payments risk, or financial crime investigation. Strong verbal and written communication skills. Background in identity risk, AML, payments fraud, or compliance analytics. The ability to investigate transactions and other user events and be able to determine risk level of anomalous behavior.
