Fraud Prevention Operations Manager at Addi

ABOUT ADDI We are a leading financial platform, building the future of payments, shopping, and banking—a world where consumers and merchants can transact effortlessly, grow together and where we create abundance and generate pride in them. Today, we serve over 2 million customers and partner with more than 20,000 merchants, making Addi Colombia’s fastest-growing marketplace. We provide banking solutions (deposits, payments, unsecured credit) and commerce services (e-commerce, marketing) using state-of-the-art technology, bridging the financial gap for millions and redefining how people experience financial freedom. As the country’s leading Buy Now, Pay Later provider, we have secured regulatory approval to operate as a bank, unlocking even greater opportunities for our customers. In the past year, we have also achieved profitability, reinforcing the strength of our business model and our ability to scale sustainably. Our mission has earned the trust of world-class investors, including Andreessen Horowitz, Architect Capital, GIC, Goldman Sachs, Greycroft, Monashees, Notable Capital, Quona Capital, Union Square Ventures, Victory Park Capital, and more, who back our vision for the future. With their support, we are not just growing—we are transforming Latin America’s financial ecosystem and shaping the next generation to shop, pay, and bank in Colombia. But what truly sets us apart is how we build. We are a conscious company, driven by deep experience in scaling technology, services and products, and we live by our values [Upgrade to PRO to see link] every day. ABOUT THE ROLE This is where you come in. Below, you’ll find what this role is all about—the impact you’ll drive, the challenges you’ll tackle, and what it takes to thrive at Addi. If you’re ready to be part of something big, keep reading. WHAT’S THE MISSION YOU’LL DRIVE Translate our financial entity's fraud prevention strategy into a predictable, high-performing operation across IDV, KYC, and Investigations. You will ensure operational guardrails are met while building the teams, processes, and tools required to reach world-class maturity in fraud prevention. WHAT YOU WILL DO - Own the operational execution of the fraud strategy, consistently meeting defined targets for loss percentages, Account Takeover (ATO) rates, False Positive Rates (FPR), and approval conversions. - Implement and standardize governance, documentation, and rituals for fraud operations, reaching advanced maturity in KPI management and process control. - Stand up and stabilize the team structure (Supervisors, Analysts, QA), establishing clear roles, cadences, and development paths for a high-performing fraud unit. - Lead the rollout and "hypercare" of new controls, policies, and tools, ensuring seamless communication, training, and post-release monitoring. - Provide structured operational insights to Product, Risk, and Engineering teams to continuously refine fraud strategy and system controls. WHAT WE’RE LOOKING FOR - Operational Leadership - Proven experience leading supervisors and large-scale operational teams within Fraud, Risk, or Compliance departments. - Hands-on experience with Identity Verification (IDV), Know Your Customer (KYC/KYP), and complex fraud investigations. - Deep understanding of the fraud landscape within the Colombian financial system and the associated regulatory constraints. - Governance & KPI Management - Expert ability to implement standard management structures (Mission, Outcomes, Competencies) across various roles. - Mastery of operational routines and rituals to ensure KPIs and SLAs are consistently monitored and achieved. - Strong documentation skills, ensuring all fraud processes are audited and standardized. - Analytical & Quantitative Mindset - Ability to interpret complex fraud data and loss metrics to drive operational pivots. - Experience collaborating with Business Managers and Risk teams to translate strategic "guardrails" into daily team actions. - Focus on root-cause analysis to provide feedback that improves automated fraud controls. - Change Management & Process Design - Demonstrated ability to plan and execute technical rollouts, ensuring teams are trained and QA processes are in place before go-live. - Proactive mindset for identifying operational gaps and designing scalable tools to mitigate risk. - Extreme Ownership & Bias for Action - Operates autonomously in high-complexity environments (new products + evolving regulations). - Ability to balance long-term organizational building with the sense of urgency required for daily fraud mitigation. - Resilience in handling frequent requirement changes as product and risk landscapes evolve. WHY JOIN US? - Work on a problem that truly matters – We are redefining how people shop, pay, and bank in Colombia, breaking down financial barriers and empowering millions. Your work will directly impact customers' lives by creating more accessible, seamless, and fair financial services. - Be part of something big from the ground up – This is your chance to help shape a company, influencing everything from our technology and strategy to our culture and values. You won’t just be an employee—you’ll be an owner - Unparalleled growth opportunity – The market we’re tackling is massive, and we’re growing faster than almost any fintech lender at our stage. If you’re looking for a high-impact role in a company that’s scaling fast, this is it. - Join a world-class team – Work alongside top-tier talent from around the world, in an environment where excellence, ownership, and collaboration are at the core of everything we do. We care deeply about what we build and how we build it—and we want you to be a part of it. - Competitive compensation & meaningful ownership – We believe in rewarding our talent. You’ll receive a generous salary, equity in the company, and benefits that go beyond the basics to support your growth. HOW THE HIRING PROCESS LOOKS LIKE We believe in a fast, transparent, and engaging hiring experience that allows both you and us to determine if there's a great fit. Here’s what our process looks like: - Step 1: People Interview (30 min) A conversation with a recruiter to get to know you, your experience, and what you're looking for. We’ll also share more about Addi, our culture, and the role. - Step 2: Technical assessment (30 min) A session to assess your skills using SQL, one of our team members will ask you to solve different exercises using your SQL experience - Step 3: Initial Interview (45 min) A more in-depth conversation with the hiring manager, where we explore your skills, experience, and problem-solving approach. We want to understand how you think and work. - Step 4: Case Study (3-5 Days) You may receive a real-world challenge or case study to complete. This is a chance to showcase your expertise and how you approach key problems relevant to the role. - Step 5: Co-Founder Interview If there’s a strong match, you’ll have a final conversation with our Founder to align on expectations, cultural fit and ensure mutual excitement. From there, we’ll move quickly to an offer and discuss next steps. We value efficiency and respect for your time, so we aim to complete the process as quickly as possible. Our goal is to make this experience insightful and exciting for you, just as much as it is for us. Regardless of the outcome, we are committed to always providing feedback, ensuring that you walk away with valuable insights from your experience with us.