Risk Strategy, Payment Risk - USDS job opportunity at Tiktok.

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Tiktok Risk Strategy, Payment Risk - USDS
Experience: 1-year
Pattern: full-time
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Risk Strategist

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degreeMaster's (M.Sc.)
loacation SAN JOSE, CA, United States Of America
loacation SAN JOSE, CA....United States Of America

Responsibilities The Payment team of U.S. Data #Security department of TikTok provides payment solutions - including payment acquisitions, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, reconciliations, and so on - to ensure that users have a smooth and secure payment experience on TikTok platform. In order to enhance collaboration and cross-functional partnerships, among other things, at this time, our organization follows a hybrid work schedule that requires employees to work in the office 3 days a week, or as directed by their manager/department. We regularly review our hybrid work model, and the specific requirements may change at any time. Responsibilities: Establish a holistic #risk #management framework for mitigating the risk of payment fraud, credit losses and financial abuse across consumers, merchants, and affiliates Develop metrics and dashboards to monitor risk, perform scenario planning and simulation testing Deep dive into fraud cases through massive data and ad hoc analysis that identify root causes of risk originations Design risk solutions that introduce appropriate amounts of friction for suspicious users based on suspicious user characteristics and machine learning models Develop risk solutions that detect, prevent, and mitigate fraudulent or suspicious user behaviors Collaborate with product, engineering and cross function teams to define risk product roadmaps and strategies Communicate results on a regular basis to stakeholders around the world, including executive leadership

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