Senior Manager, Fraud

About Us

Rho is the all-in-one banking platform for startups and the accountants who support them. With banking set up in minutes, 2% cashback cards, and powerful tools for managing spend, paying bills, and closing the books, Rho helps high-growth startups move fast and stay focused—with support that goes to the ends of the earth to help you win.

About the Role:

As Rho scales, we are looking for an experienced fraud leader to build and drive our comprehensive fraud strategy. You will have the opportunity to design and implement effective fraud prevention and detection frameworks that leverage advanced data, AI, technology, and automation. Working closely with cross-functional teams — Data Analytics, Compliance, Onboarding, Underwriting, Financial Operations — you will refine processes, introduce innovative solutions, and maintain a strong focus on balancing customer experience with risk mitigation. In this high-impact role, you'll lead and develop a talented team, ensure Rho stays ahead of evolving threats, and help power our next stage of scale and success.

This role is based out of our Salt Lake City or NYC offices 5 days/week.

Responsibilities:

• Fraud Strategy Ownership: Define, own, and continuously evolve Rho's comprehensive fraud prevention and detection strategy across business banking and corporate card products.

• Advanced Fraud Detection & Analytics: In partnership with Data, Engineering and Product, build and deploy machine learning models and behavioral analytics to detect and block complex B2B payment and corporate card fraud in real time.

• Onboarding & Transaction Monitoring: Own and continuously enhance business KYC/KYB and transaction monitoring processes to minimize fraud losses and false positives while ensuring a seamless client onboarding experience.

• Critical Incident Response: Lead investigations and rapid response for high-stakes fraud cases (e.g., synthetic entities, account takeover, business email compromise), driving thorough root cause and post-mortem analysis.

• Cross-Functional Risk Control: Partner with Product, Engineering, and Compliance teams to design, launch, and iterate on controls addressing new fraud threats tied to innovative products or changing regulations.

• Build & scale the Fraud function: Hire, train, and develop a team of fraud risk analysts to support the growth of our revenue and client base.

Qualifications:

• Technical fluency: demonstrate expertise applying advanced analytics to fraud problems at scale

• B2B domain knowledge: Strong understanding of fraud patterns specific to business customers, including onboarding (KYB), payment flows, and commercial account risks.

• Regulatory and Industry Acumen: Up-to-date knowledge of relevant US banking, AML, and payments regulations as well as emerging fraud schemes and prevention best practices (with an ability to adapt strategies for new regulations or evolving commercial products).

• People management: 7+ years of experience in fraud risk management and team leadership

• Customer-centricity: Strong commitment to balancing robust fraud controls with excellent customer experience, especially for commercial/B2B clients.

• Execution and Agility: Track record of driving measurable results in fast-paced, high-growth environments, and rapidly adapting to new threats or business priorities.

We value our people as our strongest advantage. The salary range for this role is $135,000 - $200,000. Title and base salary may vary depending on relevant experience, skills, geographic location, and business needs. In addition to base pay, Rho offers equity, healthcare benefits, and paid time off.

Diversity is a core value at Rho. We're passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers, and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho'ers with ongoing professional growth opportunities.