Position title
Head of Anti-Fraud for a Fintech Portfolio Company

Peak XV


Head of Anti-Fraud for a Fintech Portfolio Company of Peak XV (formerly Sequoia Capital)

  • Manages all aspects of the fraud management within the company. This covers frauds related to loan disbursement and operations, payment operations and transactional monitoring, and internal fraud activities
  • Is the partner to various business units in leveraging their needs into the risk language and the other way around (e.g. helps to manage the sales network in respect to observed risk; evangelize anti-fraud rules to the sales network thru regular training; translates learning from the observed patterns into verification of suspicious transactions; verifies sufficient authentication of client’s identity via mobile app; e-KYC process compliance landscape; …)
  • Steers the analytical team to properly monitor company’s operations, quickly detect suspicious behavior, investigate, and take appropriate actions once the issue was understood. The goal is to prevent the same situations/scenarios to happen repeatedly
  • Guides team thru periodical fraud type investigation (FTI) on the loan portfolio where thorough manual review of limited sample of loans is conducted n order to verify effectiveness and consistency of internal processes related to loan origination, decision making and maintenance
  • Oversees and rives the analytical team and its processes – investigation of detected frauds and alerts. Continuous improvement of the processes to reflect lessons learnt and actual situation on the market
  • Understands the bank business in broader perspective to spot potential process weaknesses and deficiencies which would increase the probability of successful fraud attack (internal, external)
  • Serves as subject matter expert for fraud and authorization processes and systems, as well as for e-KYC and other systems used to mitigate frauds
  • Participates in discussion with the underwriting (credit policy) team to understand and help improving their rules to minimize fraud thru the prevention layer of the underwriting process
  • Manages the team consisting of process-oriented people, analysts, and operational people.
  • Evaluates various aspects of any new initiative (e.g. product / customer / acquisition channel) to ensure that gaps, if any, are plugged to reduce the potential for fraud risk
  • Acts as a counterpart to the bank partners providing various anti-fraud services and keeps up to date in all related trends within the industry
  • Defines the before/after disbursement process of checks and so-called welcome calls to identify fraudulent behavior upfront or as early as possible ex-post
  • Bachelor’s degree, preferably in Business Administration, Finance, Banking, or any other relevant degree.
  • 6+ years experience in a bank / consumer finance / micro finance institution
  • At least 2-5 years’ recent experience in the Philippines consumer credit environment
  • Ability to manage team and effectively communicate within the team as well as with peers on the business side
  • Experience in handling Enterprise Fraud Risk Management, and Application Fraud Risk especially for unsecured credit; Familiarity with Fraud and Authorization processes of card systems.
  • Previous experience in working in a start-up environment or Fintech industry, is ideal.
  • Previous experience in managing Fraud Risk in a digital banking environment is an advantage.
  • Awareness of past and emerging fraud trends in the consumer credit landscape in the Philippines.
  • Possesses strong analytical and problem-solving skills.
  • Above average verbal and written communication skills, particularly in English.
  • Able to communicate complex concepts persuasively to different audiences and levels within the organization.
  • Responsible, self-motivated, must be capable of and enjoy working independently, driving decisions, and having an entrepreneurial mindset.
  • Wants to be challenged and looking for an entrepreneurial setup/culture.
  • Passionate about making a difference in the unbanked segment.

At Peak XV (formerly Sequoia Capital) we value the time you invested to connect with us. Given the wide spectrum of opportunities with our portfolio companies, we suggest that you only apply if you meet the majority of the above requirements. We regret that only shortlisted applicants will be notified.

Employment Type
Venture Capital and Private Equity Principals
Job Location
Manila, National Capital Region, Philippines
Date posted
July 9, 2024
Valid through
August 9, 2024
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