Product Manager III - Fraud Prevention

Job Description:

Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

As a Senior Product Manager, Lending Risk, you’ll play a pivotal role in expanding Remitly’s offerings by building innovative credit products for both new and existing customers.  By combining your expertise in fraud prevention, underwriting, and customer-centric design, you will identify opportunities, craft strategies, and launch products that differentiate us in the market, drive growth, and deliver exceptional value to our customers.

You Will:

• Fraud & Underwriting Ownership: Serve as the primary product manager responsible for managing fraud prevention and underwriting in Lending, ensuring both proactive and reactive strategies are effectively executed to minimize losses and reduce risk.
• Roadmap Management: Develop and prioritize the fraud prevention and underwriting roadmap for Lending, balancing immediate needs with long-term strategic goals.
• Fraud Rule Automation: Design and implement automated fraud detection rules leveraging existing systems within Remitly to minimize losses and improve efficiency.
• Manual Exception Handling: Collaborate with the Customer Management team to create processes for handling manual exceptions and addressing complex fraud cases.
• Daily Fraud Monitoring: Actively oversee day-to-day fraud trends, ensuring timely responses to emerging threats.
• Corridor/ Scale Decision-Making: Act as one of two key decision-makers responsible for opening and shutting down corridors based on fraud insights and risk evaluation.
• Vendor Management: Lead vendor evaluation, selection, and management efforts for fraud prevention tools, collaborating closely with Lending and Core Product Managers to integrate solutions effectively.
• Cross-Team Collaboration: Gather requirements and define fraud and underwriting rules in partnership with Lending data science, engineering, and analytics teams, ensuring alignment with broader remittances and business objectives.

You Have:

• 5+ years of relevant product management experience.
• Experience motivating cross-functional teams; across software engineering, UI design, and analytics, with an understanding of how things work within those domains
• Experience with large-scale web, e-commerce applications/mobile applications
• Data is the source of your decision-making and you will have experience working with customer data to develop better customer experiences
• Experience setting and implementing product strategy, road-mapping, and prioritisation
• Experience working with engineers to make tough technical tradeoffs and you can sweat the details to understand the impacts of these tradeoffs and find a careful balance between short-term outcomes and long-term effects.

Compensation Details. The starting base salary range for this position is typically $152,000-$171,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role.

Our Benefits:

• Flexible paid time off
• Health, dental, and vision + 401k plan with company matching
• Paid parental, medical, military and family care leave
• Mental Health & Family Forming Benefits
• Employee Stock Purchase Plan (ESPP)
• Continuing education and travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an E-Verify Employer

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.