Fraud Analyst

As Marqeta’s Fraud Analyst you will support fraud detection, investigation, and risk mitigation across our platforms, with a particular focus on credit application fraud, identity verification, and onboarding controls. This role requires strong analytical and investigative skills, along with hands-on experience reviewing credit applications and identity documents within a regulated financial services environment.

The ideal candidate has deep experience operating in fintech, card processing, or financial services, and is comfortable applying regulatory requirements and risk-based decisioning throughout the customer lifecycle.

We work Flexible First. This role can be performed remotely anywhere within Ontario or British Columbia, Canada. We’d love for you to join us!

This position is for an existing vacancy.

The Impact You’ll Have

• Monitor, investigate, and analyze suspicious transaction activity using internal and external fraud and risk monitoring tools

• Conduct complex fraud investigations to identify patterns, trends, and emerging fraud typologies

• Gather, document, and maintain detailed evidentiary case files to support fraud decisions

• Perform deep-dive analyses to identify fraud trends, root causes, and emerging typologies

• Review and action alerts generated by Real-time Transaction Monitoring system

• Analyze large datasets to identify red flags, anomalies, and emerging fraud trends

• Conduct enhanced due diligence on new potential clients.

• Test, validate, and troubleshoot fraud controls to ensure effectiveness and operational integrity

• Document fraud procedures, workflows, and controls to support auditability and operational efficiency

• Escalate identified control gaps, compliance risks, or operational issues to management

• Apply knowledge of privacy, security, and compliance requirements in fraud prevention efforts

• Review credit applications to determine whether applicants fall within the company’s defined risk tolerance

• Identify indicators of credit application fraud, synthetic identity, and misrepresentation

• Review and validate government-issued IDs, supporting documentation, and selfie-based identity verification during onboarding

• Assess ID authenticity and detect forged, altered, or AI-generated documents

• Apply risk-based decisioning and escalation procedures for high-risk or ambiguous onboarding cases

• Support ongoing enhancements to identity verification and onboarding controls

Who You Are

• 10+ years of experience in fraud mitigation, investigations, or risk management within card processing, banking, fintech, or financial services

• Bachelor’s degree in business, finance, mathematics, statistics, or a related field

• Strong experience reviewing credit applications and onboarding-related fraud risks

• Demonstrated hands-on experience validating IDs, documentation, and selfie-based identity verification

• Experience in conducting enhanced due diligence on new client onboarding.

• Well-versed in credit application fraud, including synthetic identity and first-party misrepresentation

• Working knowledge of Regulation Z, as it applies to credit applications

• Strong understanding of privacy, data protection, and regulatory compliance obligations

• Proven ability to synthesize and analyze large volumes of transaction and application data

• Familiarity with SQL is a plus

• Excellent investigative, analytical, and problem-solving skills

• Strong written and verbal communication skills, with the ability to clearly document findings

Typical Process

• Application Submission

• Recruiter video call

• Hiring manager video call

• Virtual “Onsite” consisting of 4-5, 45 min calls

• Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position, reflected in CAD, is: 70,800 - 88,500

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options

• Flexible vacation time

• Retirement savings program with company contribution

• Equity in a publicly-traded company

• Monthly stipend to support our remote work model

• Annual “development dollars” to support our people growth and development

• Family-forming benefits and up to 20 weeks of Parental Leave