RRE Portfolio Careers

We started Novo to challenge the status quo—we’re on a mission to increase the GDP of the modern entrepreneur by creating the go-to FinTech platform for small businesses (SMBs). Novo is flipping the script of the FinTech world, and we’re excited to lead the small business FinTech revolution.

We are looking for pragmatic and capable people who want to see their work drive better outcomes for small businesses the backbone of our economy. You will join our team and work on the building blocks of everything Novo ships.

About the role :
We are looking for a Senior Fraud Analyst who understands how to perform an investigation to mitigate fraud risk

• Daily fraud reviews of alerts

• Investigate and analyze complex fraud patterns within financial transactions.

• Utilize SQL and other analytical tools to extract and manipulate data for fraud detection purposes.

• Focus on fraud prevention related to ACH, Checks, Wires, etc. within agreed SLAs and OKRs, and in line with company policies and procedures

• Reviews of queued transactions, for manual decisioning (cancel, approve), on need basis

• Minimize the risk to the business and the customer with a strong focus on process controls and fraud detection

• Perform thorough investigation, manual ID verification, for end-users to gain access to additional services

• Perform fraud investigations, both internal and potential fraud reported by the partner financial institution(s), and create a subsequent action plan in compliance with company policies and procedures

• Challenge the ‘Status Quo’ , sharing the business improvements ideas to put effective preemptive fraud controls.

• Ability to drive preventive controls to curb frauds by liaising effectively with stakeholders across verticals

• ‘Act like an owner’, Should be taking end to end responsibility of assigned tasks

• Create fraud loss post mortem reports, present findings and action plan to the leadership team for review If you're passionate about then we want to chat. Are you ready to revolutionize the small business banking industry with us?

Requirements for the Role:

• Minimum bachelor's degree, preferably in business, commerce, finance, or other related disciplines

• 3-5 years of experience working in the fintech Startups

• Identifying trend Analysis & proficiency in SQL for extraction is MUST

• Previous experience in fraud investigations is a MUST

• An interest in keeping abreast with banking laws and regulatory changes

• An interest in financial crime must be excited with the idea of digging deeper, looking into customer behaviors, and identifying key characteristics of fraudulent users

• Excellent written and verbal communication skills

How We Define Success:

• Ability to work with minimal/no supervision

• Ability to think outside the box, work with limited data, and find solutions to unorthodox problems

• Ability to oversee critical analytics projects from end to end independently

• Ability to work in a fast-paced work environment and culture

• Ability to work cross-departmentally, without the need for extensive hierarchical corporate structure

• Willingness to learn, should be a team player

Novo values diversity as a core tenant of the work we do and the businesses we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, role-specific, or any other protected characteristic.