Senior Fraud Analyst

Betterment

Confirmed live yesterday High trust
Hybrid

Quick summary

Work type
Hybrid
Location
New York, NY
Salary
$135,000–$160,000 / yr
Posted
113 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $152k
This role $148k
$104k $205k
below market most similar roles pay here above market

This role pays less than 56% of similar roles. Most pay $122,275–$182,611 — the blue band above. At the midpoint, this role pays about $148k versus about $152k for comparable roles.

Based on 240 similar postings.

Employer

About Betterment

Betterment is an automated investment service (robo-advisor) that uses technology to provide personalized investment management, retirement planning, and savings optimization at low cost for retail investors. Industry: Financial Technology & Wealth Management

Betterment currently has 10 open roles on FindRole.

Listed pay typically runs $157,500–$182,500 across 10 roles with salary data.

Most-posted roles

View all roles at Betterment

At a glance

TL;DR · Senior Fraud Analyst

The Sr. Fraud Analyst joins the Risk Operations team to serve as the analytical owner of customer risk rating, KYC, and fraud monitoring models. This role involves designing controls, building monitoring systems, and refining rules to detect emerging fraud patterns across payment rails, funding flows, and behavioral signals. Key responsibilities include managing fraud rule sets, identifying control gaps, and maintaining risk scoring models while collaborating with Data, Compliance, and Product teams. The position requires advanced SQL skills and expertise in fraud patterns such as ATO, ACH transfers, and synthetic identities. Candidates must be able to interpret model performance metrics, manage cross-functional projects, and translate complex analysis into clear recommendations. The work focuses on balancing fraud loss prevention with customer experience and operational efficiency within a financial services environment.

What you'll do

  • Design, maintain, and monitor customer risk rating, KYC, and fraud scoring models.
  • Develop and refine fraud rules to detect suspicious activity and reduce false positives.
  • Orchestrate fraud monitoring across payment rails, funding flows, logins, and behavioral signals.
  • Partner with Engineering to facilitate data harvesting, analytics, and rule implementation.
  • Lead cross-functional projects from problem definition through implementation and post-mortem analysis.
  • Build dashboards and reporting packages to surface fraud KPIs and model health for leadership.
  • Identify and assess vendor solutions to strengthen the fraud prevention ecosystem.
  • Analyze friction points with the Customer Experience team to balance security with user flow.

What we're looking for

  • 3–5+ years of experience in fraud prevention, analytics, and financial crime within fintech, banking, brokerage, or payments.
  • Direct experience with fraud patterns and controls including ATO, ACH/transfer, card fraud, KYC/KYB, and synthetic identities.
  • Advanced SQL skills are required.
  • Ability to design and monitor fraud risk models, rules, and controls for model drift and data quality.
  • Knowledge of KYC/AML, customer risk rating, and step-up authentication/verification.
  • Excellent communication skills to translate complex analytics and risk trade-offs to technical and non-technical audiences.
  • Demonstrated end-to-end project management skills.
  • Familiarity with the fraud ecosystem including solutions, capabilities, and challenges (preferred).

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