Lithic creates card issuing and payment infrastructure for technology companies that just works. We help some of the world’s fastest-growing digital banks, fintech companies, and software companies process billions in transactions annually.
Lithic is seeking an experienced Risk Operations Associate to join our team in managing fraud operations while delivering exceptional client support. This role is critical to maintaining the integrity of our payment infrastructure and ensuring positive client experiences. You'll work at the intersection of fraud risk management and customer service, conducting complex investigations, making precise risk decisions based on your depth of understanding of fraud typologies, and regularly identify methods of improving our systems and processes. This position offers an exciting opportunity to deepen existing expertise in payment risk operations across multiple issuing products while working with cutting-edge financial technology.
What You’ll Do:
- Execute daily fraud monitoring and investigation workflows, analyzing transaction patterns and account behaviors to identify and mitigate fraudulent activity
- Respond to customer inquiries providing clear explanations of risk decisions, dispute outcomes, and account actions
- Conduct detailed investigations of suspicious activities, documenting findings and recommendations in case management systems and UARs, when appropriate.
- Make consistent risk decisions based on established policies while exercising sound judgment on edge cases
- Collaborate with Risk, Compliance, and Product teams to identify trends and recommend process improvements
- Participate in quality assurance reviews, compliance testing, and internal audits to ensure operational excellence
- Contribute to the development and refinement of standard operating procedures and training materials
- Escalate complex cases and emerging risk patterns to senior team members and management
What You Bring:
- 3+ years of complex issuer fraud investigations, preferably with a fintech or issuer processor.
- Expert knowledge and understanding of first party and third party fraud typologies and investigation best practices, including how to discern between various typologies such as identity theft, account takeover, credential compromise, and cardholder abuse.
- Strong analytical and critical thinking skills with the ability to synthesize information from multiple sources. You are naturally curious, love complex puzzles, and find satisfaction in root cause analyses.
- Excellent written and verbal communication skills, with the ability to explain complex financial concepts clearly and adjust framing to meet varying audiences
- Detail-oriented approach with proven ability to maintain accuracy while managing multiple priorities
- Self-motivated with the ability to work independently and as part of a collaborative team
- Ability to maintain confidentiality and handle sensitive financial information responsibly
- Advanced Google Suite skills
- Experience with case management systems, SQL, or data analysis tools is a plus
Base Salary: PH$770,000 - PH$1,200,000 dependent on experience
- Health, vision, and dental insurance; HSA Contribution Match
- Unlimited PTO
- 401(k) match
- Voluntary Life Insurance and AD&D
- 3% cashback on all Privacy purchases
- 12-weeks fully paid parental leave
- Work From Anywhere: work from anywhere in the world 4-weeks each year
- 5-Year Fully Paid 4-Week Sabbatical Program
We believe in-person collaboration boosts creativity, communication, and agility, which are key to our growth. Employees in the NYC area are asked to work from our SoHo office three days a week - Tuesdays and Thursdays are core in-office days - the third is flexible.
In-office employees receive:
- $50/month towards your commute
- Free lunch every Tuesday and Thursday
Top Skills
What We Do
Before Lithic, we started Privacy.com in 2014 to build the safest and easiest way for consumers to pay online. We worked with a legacy issuer processor and it took us over a year to launch our card program. Even after we were up and running, scaling and ongoing maintenance were a pain—batch processing delays, scheduled downtime windows, and black-box systems we couldn't debug.
From this experience, we learned firsthand that the financial services supply chain is broken—in the United States, the industry is still dominated by 30-year-old companies that run on mainframes.
So we built Lithic, the issuing and processing infrastructure we always wanted, with developer-friendly, modern, well-documented APIs, insanely fast speed-to-market, and flawless reconciliation—purpose built to give card issuers extremely high levels of observability, control, and flexibility over their card programs. We own the entire technical stack: direct connections to Visa, Mastercard, and Amex, our own authorization engine delivering sub-100ms responses, an immutable ledger system, and real-time webhooks for every transaction event.
Today, we power card programs for 100+ innovative companies including Mercury and Privacy.com—maintaining 99.99+% uptime without maintenance windows while processing billions in payment volume. And we're just getting started.
Lithic currently has 150+ employees in 26 states and 6 countries, with an HQ in NYC, backed by Bessemer, Index, and Stripes.
Why Work With Us
Our team is at the center of everything we do. But we know that work isn't everything, we value flexibility and quality benefits. We strive to be a place where you know your ideas are always heard, you and your teammates learn from each other and make each other better, and you know your work is impacting users and the industry at large.
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