Fraud Strategy, Global Payments
Welcome to ByteDance! We are a rapidly growing technology company with a global presence, dedicated to creating innovative products and services that connect and inspire people around the world. As we continue to expand our reach, we are seeking a highly skilled and experienced Fraud Strategy professional to join our Global Payments team. This role will play a crucial role in protecting our financial systems from fraudulent activity and ensuring the safety and security of our users' payments. We are looking for a dedicated individual who is passionate about tackling complex fraud challenges and has a strong background in payments and risk management. If you are ready to take on an exciting and impactful role at one of the world's leading tech companies, we encourage you to apply!
- Develop and implement fraud prevention strategies and policies to safeguard ByteDance's financial systems and protect our users' payments.
- Monitor and analyze payment transactions to identify potential fraud patterns and trends.
- Collaborate with cross-functional teams, including product, engineering, and data science, to identify and mitigate fraud risks.
- Conduct regular risk assessments and reviews to identify areas of vulnerability and make recommendations for improvement.
- Stay up-to-date on the latest fraud trends and techniques, and proactively adapt strategies and processes to stay ahead of potential threats.
- Manage relationships with payment processors, banks, and other external partners to ensure compliance with fraud prevention policies and procedures.
- Develop and maintain fraud detection tools and systems, utilizing data analysis and machine learning techniques.
- Investigate and resolve escalated fraud cases, working closely with law enforcement and legal teams as needed.
- Develop and deliver fraud prevention training and education to internal teams and external partners.
- Monitor and report on key fraud metrics to track the effectiveness of fraud prevention strategies.
- Continuously identify opportunities for process improvement and automation to increase efficiency and effectiveness of fraud prevention efforts.
- Stay informed of regulatory requirements and industry best practices related to fraud prevention and make recommendations for compliance.
- Act as a subject matter expert on fraud prevention and risk management, providing guidance and support to other teams as needed.
- Collaborate with vendors and service providers to ensure the security of our financial systems and data.
- Maintain a high level of confidentiality and integrity in handling sensitive information related to fraud investigations and prevention.
Extensive Knowledge Of Global Payment Systems: The Ideal Candidate Should Possess A Thorough Understanding Of The Various Payment Systems And Methods Used Globally, Including Credit/Debit Cards, E-Wallets, And Digital Payments.
Strong Analytical Skills: A Successful Fraud Strategy Expert Should Have Strong Analytical Abilities To Identify Patterns And Trends In Fraudulent Activities. This Will Help In Developing Effective Strategies To Prevent And Detect Fraud.
Experience In Fraud Prevention: The Candidate Should Have A Proven Track Record Of Implementing Successful Fraud Prevention Strategies In A Global Setting. This Includes Experience In Monitoring And Detecting Fraudulent Activities, As Well As Implementing Measures To Prevent Fraud.
Knowledge Of Compliance Regulations: As Fraud Is A Constantly Evolving Threat, The Candidate Must Have A Good Understanding Of Compliance Regulations And Industry Best Practices To Ensure Adherence To Legal And Ethical Standards.
Excellent Communication And Collaboration Skills: In Addition To Technical Skills, The Candidate Should Possess Excellent Communication And Collaboration Skills To Work Effectively With Cross-Functional Teams, Including Finance, Risk Management, And Compliance Departments. This Will Help In Developing A Comprehensive Fraud Strategy That Aligns With The Organization's Goals.
Risk Management
Data Analysis
Risk Analysis
Fraud investigations
Fraud prevention
payment
Fraud detection
Financial Crimes
Payment Fraud
Fraud Mitigation
Digital Payments
Fraud Analytics
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Fraud Strategy, Global Payments in San Jose, CA, USA is $100,000-$150,000 per year. This may vary depending on the specific company, experience level, and other factors.
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ByteDance is a technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures, and geographies. Dedicated to building global platforms of creation and interaction, ByteDance now has a portfolio of applications available in over 150 markets and 75 languages. For example, TikTok, Helo, Vigo Video, Douyin, and Huoshan.
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