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Full-Time

Engineering Manager

Payments

Posted on 6/26/2024

Forter

Forter

501-1,000 employees

Fraud prevention and identity protection services

Data & Analytics
Consulting
Enterprise Software
Cybersecurity
AI & Machine Learning
Aerospace

Senior, Expert

London, UK

Category
Engineering Management
Software Development Management
Required Skills
Communications
Node.js
Requirements
  • Strong backend engineering background with over 5 years of hands-on experience, preferably with Node.js
  • Experience as an engineering manager (>2 years)
  • Experience working with experienced software engineers, recruiting, and retaining
  • A can-do attitude, willingness to work in a highly collaborative environment
  • Excellent presentation and communication skills
Responsibilities
  • Be partially hands-on during your first year to know the systems in-depth
  • Lead and grow the newly formed team
  • Help retain and hire top talent to the team
  • Ensure our services are top quality and a source of proudness for Forter
  • Take part in roadmap planning for future technical investments in the domain
  • Work hand in hand with engineers to solve significant technical challenges
  • Collaborate with key stakeholders closely, ensuring tight alignment on our investments
  • Ensure high alignment and collaboration with our Israel R&D team for seamless integration of technical strategies

Forter provides a range of services designed to protect online businesses from fraud and abuse in the e-commerce sector. Its offerings include identity protection to prevent unauthorized access and fraudulent purchases, fraud management that allows businesses to make quick decisions on transactions to reduce chargebacks, and abuse prevention to stop unauthorized resellers and coupon abusers. Additionally, Forter focuses on payment optimization to enhance trust with banks and card networks, ensuring compliance with European regulations like the Payment Services Directive 2 (PSD2). The company also automates chargeback recovery to help businesses dispute and win claims. Unlike many competitors, Forter operates on a B2B model, charging businesses based on their size and transaction volume, which allows for tailored solutions that meet specific needs. The goal of Forter is to safeguard revenue for online retailers while enhancing the overall customer experience.

Company Stage

Series F

Total Funding

$525M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

8%
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Simplify's Take

What believers are saying

  • Forter's AI-driven solutions can significantly reduce chargeback rates and false declines, improving overall revenue for online retailers.
  • The company's focus on evolving consumer behaviors and payment preferences, such as BNPL and digital wallets, positions it well to adapt to market changes.
  • Partnerships with major platforms like AWS expand Forter's reach and credibility, potentially leading to increased client acquisition and retention.

What critics are saying

  • The competitive landscape in fraud prevention is intense, with numerous players vying for market share, which could impact Forter's growth.
  • Dependence on AI and machine learning models means that any inaccuracies or biases in the algorithms could lead to significant financial losses for clients.

What makes Forter unique

  • Forter leverages AI and machine learning to optimize fraud detection and payment processes, setting it apart from traditional fraud prevention methods.
  • The company's comprehensive suite of services, including identity protection, abuse prevention, and chargeback recovery, offers a holistic approach to e-commerce security.
  • Forter's recent AWS Advanced Technology Partner status and listing in AWS Marketplace enhance its accessibility and integration capabilities for global enterprises.
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