Risk Operations Analyst

*Who we are: *

We are reimagining financial products as consumer products, like Spotify or Netflix or Dropbox, making money andntools/services to manage it, available for a simple monthly subscription fee so you can stream, share, and sync it across accounts, devices, funding instruments, friends or family. Our mission is to help our users manage their finances, maximize their savings, participate in sustainable debt efforts, and spend intelligently.

Who we’re looking for:

Exceptional, innovative people!

Passionate about delightful user experiences, clear about doing the right thing, and hungry to impact millions of lives.

*Responsibilities And Duties *

• Monitor and regulate high-risk activities, document suspicious users transactions
• Ad-hoc risk views and drill-down analysis of anomalies observed in the underwriting process
• Achieve scalability of operations via automation of daily/weekly/monthly processes
• Ensure that portfolio management systems and risk management systems are up to date with the latest and most accurate information.
• Actively contribute to various system/process enhancement projects.
• Create utilities for information gathering and sharing, which will enable better business decision-making tools to mitigate risks within the process
• Handle dispute cases and submit detailed responses leading to favorable dispute resolution
• Document the negative reviews arising due to various fraudulent activities on customer accounts and prepare effective and standard response to be shared with the customer experience team

*Skills and competencies: *

• Ability to work independently and able to liaise with other departments and coordinate with various stakeholders
• Basic knowledge of credit and banking products
• Good knowledge of SQL, Python and Microsoft excel
• Experience of handling large datasets and variables
• Experience in fetching information from no sql databases like MongoDB
• Bachelor's in engineering, Computer Science, Math, Statistics, or related discipline
• 1-2 years of experience in quantitative analysis or portfolio risk reporting role
• Start-up or fintech experience is preferred

Why should you apply for this job?

• Pre-Series A funded startup (Secured 29 million dollars in funding so far) - in talks to raise Series - A
• Leading Bay Area based high growth fintech startup hiring in India (100% remote work with no need to travel )
• Backed by top investors - Massive.vc, TASC Ventures, Goodwater Capital, SustainVC, Avesta Fund, Strada Education Network, The Josephine Collective, Overtime VC, Techstars, and Kelmhurst.
• Owns 75 consumer FinTech patents
• Top-class employee benefits including unlimited leaves, flexible work timings - fully remote, work at your own hours & more
• Brilliant founding team and peers and Ex-Global Product Head of Paypal as CEO >100% MoM growth, >90% user retention

More about Line Financial (Beem)

What problem is Beem solving?

In the US, there are about 100 million Americans who spend more than they earn. As a consequence, they have a cash crunch, typically ~0.833 times every month (and thus ~10 times in a year) with no money for essential expenses. They lack repeat access to credit. In the wake of failing corporate policy, public policy and inflation, Beem stepped in like never before to help working-class Americans. And is now manifested across 5,200 cities in 50 states.