Fraud Operations Specialist
About the Role:
Yieldstreet is looking for a Fraud Operations Specialist to help manage our high-growth organization. You will be responsible for tasks essential to maintaining the operational excellence of Yieldstreet's investment process by helping develop and implement procedures to reduce fraud.
This is a great opportunity for someone interested in transitioning out of a bank or asset management firm who is passionate about Yieldstreet’s mission to help investors Realize Their Next Level. You recognize the need for more people to have access to alternative investments and want to help us on our journey putting millions of people on the path to financial independence!
What You'll Do:
- Develop comprehensive fraud detection strategies and business procedures that balance fraud loss and investor experience
- Investigate fraudulent activity and lead the recovery efforts
- Actively ensures compliance with the Code of Ethics and all Anti-Money Laundering, information security and SAR policies, procedures, and processes
- Develop trending reports and essential indicators to serve as early warning risk indicators for potentially fraudulent activity
- Summarize and document findings with recommendations for senior leadership thereby reducing future risks and exposures
- Build relationships with Investor Relations, Product, Finance, and Third-Party Providers.
What You'll Need:
- Bachelor’s degree
- 3+ years of fraud/risk experience with an emphasis in banking or financial services
- Experience working with SQL, Looker (or other BI tools)
- Experience understanding risks around account creation, KYC, account takeover
- Strong understanding of the Bank Secrecy Act and FINCEN's SAR requirements, policies, and procedures
- A strong understanding of money movement including but not limited to ACH
- Strong communication skills and ability to collaborate with various departments
- High attention to detail and a problem-solving mindset
Bonus points for:
- Knowledge about the investment space
- CFE
About Yieldstreet
Yieldstreet is building the largest global digital wealth management platform to change the way wealth is created. With an investor-first approach, our investor community builds a diversified portfolio of investments outside of the stock market to generate passive income. Yieldstreet is giving unprecedented access to asset classes such as Real Estate, Marine, Legal, Art & Private Business Credit. We’re headquartered in New York City with offices in Brazil, Argentina, Malta and Greece.
Benefits
We offer an attractive market compensation and benefits package including a stock option plan, health, dental & vision benefits, life insurance, unlimited paid vacation, sabbatical and paid holidays and that's before you even step in the office!
This is an opportunity to work with a group of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages. Our team is composed of successful entrepreneurs with combined exits of over $2B, and we continue to stay social during the pandemic with virtual social hours, exercise classes, meditation sessions, recipe sharing and so much more!
Yieldstreet is proud to be an equal opportunity employer. We celebrate diversity and are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without discrimination or harassment based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.