At a Glance
- Tasks: Lead the fraud strategy for a game-changing B2B payment product and shape the future of digital trade credit.
- Company: Join iwocaPay, a forward-thinking fintech company transforming the payments landscape.
- Benefits: Enjoy flexible hours, generous holiday, medical insurance, and a learning budget.
- Other info: Collaborate with diverse teams and enjoy excellent career growth opportunities.
- Why this job: Make a real impact by designing fraud strategies that keep transactions seamless and secure.
- Qualifications: Experience in fraud strategy and managing significant credit portfolios is essential.
The predicted salary is between 110000 - 130000 € per year.
Own the fraud strategy agenda for a B2B payment product that is transforming digital trade credit. Design transaction profiling strategies, monitor automated fraud models, and lead a small team to act on data insights.
The Fraud Strategy Lead works within the iwocaPay risk squad, collaborating closely with iwoca’s Risk Modelling team, engineering, data science, and product functions.
Responsibilities
- Shape the fraud function, closing the gap between analytical and operational risk.
- Define real‑time automated decisioning, set modelling priorities, and evaluate automated fraud models with embedded data scientists.
- Set and enforce risk appetite to keep the B2B checkout seamless while loss rates stay within tolerance.
- Guide Risk Analysts and collaborate across product and engineering to translate trade‑offs into commercial decisions.
- Build and maintain frameworks for credit policy, model governance, and seller counterparty risk.
- Present forward‑looking strategy to leadership and drive sequence of initiatives.
Qualifications
- Portfolio ownership: managed or materially contributed to a credit portfolio of £10M+ with accountability for fraud/credit loss performance.
- Experience delivering fraud strategy in digital lending, fintech, or payments, focusing on transaction profiling.
- Knowledge of B2B fraud typologies such as buyer impersonation, fictitious invoices, or merchant collusion.
- Managing fraud loss rates against high‑velocity volumes, balancing prevention with customer friction for high approval rates.
- Monitoring and evaluating automated fraud models, assessing feature quality, and guiding data scientists.
- Collaborate across engineering, data science, and product, translating trade‑offs into actionable decisions for non‑specialists.
- Background in mathematics, statistics, economics, or related quantitative discipline.
- Use AI tools to support analysis and decision‑making, applying sharp judgement for accuracy and risk awareness.
- Bonus: experience in B2B pay‑later or trade credit, assessing seller counterparty risk, and scaling risk functions during rapid growth.
Compensation
£110,000 – £130,000 per annum, with salary reviews and market benchmarking.
Benefits
- Flexible working hours.
- Medical insurance from Vitality with discounted gym membership.
- Private GP service for you, partner, and dependents.
- 25 days’ holiday plus birthday day, option to buy/sell extra leave, and unlimited unpaid leave.
- A one‑month fully paid sabbatical after four years.
- Access to external counselling and therapy sessions.
- 3% pension contributions on total earnings.
- Employee equity incentive scheme.
- Generous parental leave and nursery tax benefit scheme.
- Electric car scheme and cycle‑to‑work scheme.
- Two company retreats per year.
- Learning and development budget for all.
- Company‑wide talks with speakers.
- Access to learning platforms like Treehouse.
Fraud Strategy Lead - iwocaPay employer: Iwoca
At iwoca, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Fraud Strategy Lead, you'll enjoy flexible working hours, generous benefits including medical insurance and a learning budget, and the opportunity to shape the future of B2B payments in a rapidly growing fintech environment. With a strong focus on employee growth and well-being, including a fully paid sabbatical after four years, iwoca is committed to supporting your professional journey while maintaining a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Fraud Strategy Lead - iwocaPay
✨Tip Number 1
Network like a pro! Reach out to people in the fintech and B2B payments space. Use LinkedIn to connect with current iwoca employees or others in similar roles. A friendly chat can give you insights and maybe even a referral!
✨Tip Number 2
Prepare for the interview by diving deep into fraud strategies. Brush up on your knowledge of B2B fraud typologies and think about how you would approach transaction profiling. Show us you’re not just a fit on paper but also in practice!
✨Tip Number 3
Don’t underestimate the power of questions! When you get the chance, ask insightful questions about iwocaPay’s current fraud strategies and challenges. This shows us you’re genuinely interested and ready to contribute.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it gives you a chance to showcase your enthusiasm for iwocaPay and the role directly to us.
We think you need these skills to ace Fraud Strategy Lead - iwocaPay
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Fraud Strategy Lead role. Highlight your experience with fraud strategy in digital lending or payments, and don’t forget to mention any relevant projects you've led or contributed to.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've managed fraud portfolios or developed transaction profiling strategies, and show us your passion for transforming digital trade credit.
Showcase Your Analytical Skills:Since this role involves a lot of data insights, make sure to highlight your analytical skills. Mention any experience you have with automated fraud models or collaborating with data scientists, as this will really catch our eye.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
How to prepare for a job interview at Iwoca
✨Know Your Fraud Strategies
Make sure you’re well-versed in the latest fraud strategies, especially those relevant to B2B payments. Be ready to discuss specific examples of transaction profiling and how you've successfully implemented fraud models in the past.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Bring examples of how you've monitored and evaluated automated fraud models, and be ready to explain the impact of your decisions on fraud loss rates and customer experience.
✨Collaborate Like a Pro
Since this role involves working closely with various teams, think of instances where you’ve successfully collaborated with data scientists, engineers, or product teams. Highlight how you translated complex trade-offs into actionable insights for non-specialists.
✨Present Your Vision
Be prepared to articulate your forward-looking strategy for the fraud function. Think about how you would shape the fraud agenda and what initiatives you would drive to enhance risk management while maintaining a seamless checkout experience.
