Job Description

Join to apply for the Sr Fraud Strategy Analyst role at LendingClub .

The Fraud Strategy Team at LendingClub is dedicated to safeguarding our customers by proactively identifying, mitigating, and preventing fraudulent activities. The team serves as a critical defense against evolving fraud threats, leveraging data-driven insights, innovative technologies, and cross-functional collaboration to develop effective fraud prevention strategies.

We are looking for a Sr Fraud Strategy Analyst with analytical expertise to design and execute fraud mitigation strategies. In this role, you will analyze merchant behavior and transactional data, develop proactive solutions, and collaborate with cross-functional teams to reduce merchant fraud risk and ensure a safe and compliant environment. You will combine data-driven decision-making with strong communication and organizational skills to deliver results in a fast-paced environment.

What Youll Do

Merchant Fraud Analysis and Strategy Development

• Monitor, analyze, and interpret merchant and transaction data to identify emerging fraud trends and typologies
• Design and implement effective merchant onboarding and ongoing monitoring strategies to detect and prevent fraudulent merchants
• Evaluate the performance and effectiveness of existing merchant fraud controls and propose data-driven enhancements
• Develop merchant segmentation and risk scoring frameworks to support dynamic risk management throughout the merchant lifecycle

Data Science and Advanced Analytics

• Leverage machine learning models and statistical techniques to enhance merchant fraud detection and prevention capabilities
• Build and optimize algorithms to detect anomalous merchant behaviors across applications, onboarding, and transaction stages
• Collaborate with data engineers to ensure clean, scalable, and high-quality data pipelines for merchant fraud detection
• Experiment with predictive models that proactively identify high-risk merchants and potential fraud scenarios

Cross-functional Collaboration

• Act as the liaison between analytics teams, product managers, operations, and risk teams to ensure seamless implementation of fraud strategies
• Partner with Compliance, Risk, Operations, and Technology to align merchant risk management with broader organizational goals
• Collaborate with third-party vendors and partners to deploy and manage merchant fraud detection tools and solutions

Reporting and Insights

• Develop and maintain dashboards to monitor key merchant fraud and risk performance metrics
• Present insights, trends, and recommendations to senior leadership to influence strategic decisions
• Stay informed on industry best practices, regulatory requirements (e.g., KYC/KYB), and emerging technologies in merchant fraud prevention

About You

• 2-3 years of experience in merchant fraud analytics, data science, or a related field
• Bachelors degree in a related field (e.g., Data Science, Computer Science, Finance, Statistics); or equivalent work experience
• Strong programming skills in Python, R, or equivalent languages
• Proficiency in SQL and experience with data visualization tools (e.g., Tableau)
• Familiarity with machine learning frameworks, fraud detection tools, and model deployment
• Understanding of merchant onboarding, underwriting, and ongoing risk monitoring processes
• Demonstrated ability to translate complex data insights into actionable fraud prevention strategies

Work Location

San Francisco The role operates in a hybrid model with in-office presence required on select days. In-person attendance is essential for collaboration with the team and related business lines.

Time Zone Requirements

Primarily PT. The position will primarily work local hours; flexibility to work across time zones when necessary is preferred.

Travel Requirements

As needed travel to LendingClub offices and/or other locations.

Compensation

The target base salary range for this position is 103,000-120,000. Base salary is determined by job-related knowledge, experience, education, skills, and location. Base salary is one part of LendingClubs Total Rewards package, which may include long-term awards (equity) and an annual bonus based on company and individual performance.

We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave, and more.

EEO and Accessibility

LendingClub is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other legally protected characteristics. We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact [email protected].

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