What does a great Fraud Modeler do?
The Risk Analytics team within Digital Payments Solutions is
responsible for the development and implementation of effective
fraud and risk models to mitigate risk associated with online money
movement products such as Zelle, Account to account transfers, New
account opening, etc for over 3000 financial institutions in the
As a Fraud Modeler, you will build and maintain sophisticated
fraud models to detect and mitigate fraud and credit risk for money
movement products. You will directly influence customer experience
and fraud across high profile products such as Zelle and mobile
payments. This is a client facing role and is highly visible within
Fiserv. This position will interface with clients on a day basis to
discuss risk monitoring performance and maintain client
In this role, you will:
Build sophisticated machine learning fraud models to manage
fraud losses for payment products.
Optimize client experience for payment products by managing
Directly influence payments risk roadmap to future proof Fiserv
Develop risk strategy for new payment products and interact with
partners in product, risk engineering and operations to execute the
Work with risk engineering and product development teams on
features and variables required for managing risk.
Conduct regular client meetings for reviewing model and risk
monitoring performance including tactical check-ins and
Continuously evaluate current Fiserv fraud toolset and test
external risk vendors on effectiveness.
Basic qualifications for consideration:
3 years demonstrated experience in statistical modeling using
SAS, R, Python, and/or SKLearn.
3 years demonstrated experience with SQL language (joining
tables, aggregating functions, creating statistics for a population
and automating summary processes).
2 years of demonstrated experience in risk management in online
payments or funds transfer.
Preferred qualifications for consideration:
Bachelor degree in Computer Science, Statistics, Applied Math,
Operations Research, Business, Economics or a field related to
Experience with Big Data and machine learning.
2+ Client facing or consulting experience.
Experience in a similar position in banking or credit card
Excellent written and oral communications skills; ability to
work with other members of the team, strong interpersonal and
communication skills to a non-technical audience.
Exceptional organizational, communication and presentation
skills. Ability to clearly communicate complex technical models and
specifications to clients.
Results oriented; and have ability to multi-task and handle
multiple project deadlines.
Ability to work well with other members of the team. The
successful candidate will be analytical, organized, dependable,
self-motivated, and able to work with minimal supervision.
Advanced knowledge of Excel, proficient in use of formulas and
We will ensure that individuals with disabilities are provided
reasonable accommodation to participate in the job application or
interview process, to perform essential job functions, and to
receive other benefits and privileges of employment. Please contact
us to request accommodation.
Learn more about us.
To support the total well-being of our associates, Fiserv takes
a broad approach to our benefits. We offer a comprehensive benefits
package that provides flexibility and affordability with a variety
of medical, dental, vision, life insurance and disability
We are #FISVProud of our benefits and well-being programs. Our
commitment to wellness, wellness education, preventive services and
fitness activities are designed to meet you where you are.
Life moves fast. And as it does, we know most people aren’t
thinking about “financial services” But we are.
We help people and businesses move money and information every
minute of every day. Our solutions connect financial institutions,
corporations, merchants and consumers to one another, millions of
times a day, behind the scenes, reliably and securely.
We’re Fiserv, a global leader in Fintech and payments enabling
innovative financial services experiences that are in step with the
way people live and work today. The company’s approximately 44,000
associates proudly serve clients in more than 100 countries, so
their customers, members and consumers can move money when and
where they need it, at the point of thought.
Our Aspiration is to move money and information in a way that
moves the world. As a FORTUNE™ 500 company and one of FORTUNE
Magazine World’s Most Admired Companies for the seventh consecutive
year, we are committed to excellence and purposeful innovation.
In this role, you will be aligned with our Digital Payments
Solutions. These products provide the financial services industry
electronic billing and payments, online banking and mobile banking,
online funds transfer, person-to-person payments,
business-to-consumer payments and personal financial account
aggregation services. Our award-winning solutions are developed
based on extensive user testing and are offered in multiple
delivery models to serve more than 3,500 financial institutions
from community banks to credit unions to the largest U.S.
We welcome and encourage diversity in our workforce. Fiserv is
an Equal Opportunity Employer. All qualified applicants will
receive consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, disability, or status as a protected veteran.
Explore the possibilities of a career with Fiserv and Find Your
Forward with us.