Director of Fraud and Risk Products

Job Title: Director of Fraud and Risk products  

Job Type: Full time 

Reports To: Head of Risk North America, Deputy CRO 

Location: US Remote 

The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow. 

WE ARE NUVEI.  Nuvei,the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47 markets, 150 currencies and 586 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. 

At Nuvei, we live our core values, and we thrive on solving complex problems. We’re dedicated to continually improving our product and providing relentless customer service.   We are always looking for exceptional talent to join us on the journey! 

Your Mission 

You will help establish and execute our fraud risk and related products for merchants and core platforms covering ACH, card acquiring and various APMs.  Innovate on fraud capabilities to constantly improve operations for merchants working across our technology, product, commercial and merchant teams. Oversee our risk as a service and fraud teams to deliver exceptional products and strategic insights. Implement and continuously improve fraud detection technologies across various platforms, leveraging cutting-edge data science, machine learning, and generative AI techniques. Align with key operations including credit, underwriting, monitoring and compliance to improve risk processes and controls. 

Key responsibilities include, but are not limited to: 

• Strategic Fraud Product Leadership: Develop and execute a comprehensive fraud & risk product strategy covering ACH, card acquiring, and APMs; balancing loss reduction, user experience, and compliance. 

• Cross-Functional Collaboration: Collaborate with engineering, product, commercial, and merchant teams to ensure seamless development and deployment of fraud solutions. 

• Product Execution & Innovation: Drive end-to-end delivery of advanced fraud detection capabilities, champion product enhancements, and pilot new features that enhance fraud detection and user experience. 

• Fraud Tool Implementation: Implement and refine rules engines, real-time scoring systems, and risk analytics platforms across multiple payment channels. 

• Machine Learning & AI Enhancement: Lead development and deployment of ML models and pilot GenAI applications for internal optimization and external use cases.  Ensure appropriate governance and control over deployed solutions. 

• Risk Operations Alignment: Partner with credit risk, underwriting, monitoring, and compliance teams to ensure product alignment with risk appetite and policies. 

• Industry Monitoring & Response: Stay updated on fraud trends, real-time payments, and APMs, adapting the roadmap to emerging threats.  Provide subject matter expertise to commercial teams and engage with key partners and merchants to present on our risk products and services. 

• Thought Leadership & Training: Serve as a subject matter expert on fraud & risk detection, deliver training and share best practices across teams. 

• Operational Excellence: Define and monitor KRIs, track performance metrics, and drive process and control improvements. 

Qualifications include, but are not limited to:  

• 8+ years of experience in product management or risk product leadership, focusing on fraud prevention in payments. 

• Strong data science/machine learning background with hands-on experience in fraud modeling and large-scale analytics. 

• Experience implementing advanced ML models and Generative AI solutions for fraud detection. 

• Deep understanding of payments ecosystem and fraud vectors across card, ACH, and alternative methods. 

• Familiarity with modern fraud tech stacks: rule engines, real-time scoring, device fingerprinting, behavioral analytics. 

• Proven ability to define product strategy and execute complex initiatives full lifecycle. 

• Deep knowledge of payments ecosystem and relevant regulations (AML, PSD, NACHA, PCI-DSS). 

• Excellent communication skills to influence cross-functional stakeholders and leadership. 

• Strategic mindset with track record of anticipating fraud challenges and crafting long-term roadmaps. 

Working Language 

English (written and spoken) is required as work involves cross-functional collaboration with teams across North America and globe. 

Nuvei offers a wide variety of benefits which include Medical, Dental, Vision, STD, LTD, Paid time off, 401(k) and many other great benefits.

Nuvei perks also include:

• Frequent training programs on new systems and platforms.
• Free Virtual yoga, meditation and fitness classes, community involvement, and many social activities.
• Group Private Medical Insurance
• Employee recognition program and possibilities for advancement in various fields.
• Modern, dynamic and great work environment.

Nuvei is an equal-opportunity employer that celebrates collaboration and innovation and is committed to developing a diverse and inclusive workplace. The team at Nuvei is comprised of a wealth of talent, skill, and ambition. We believe that employees are happiest when they’re empowered to be their true, authentic selves. So, please come as you are. We can’t wait to meet you.