# Machine Learning Engineer - Fraud Risk at Rain

> Onsite · United States · Unspecified · ML / AI · open. Source: https://alderhq.app/jobs/ashby%3Arain%3A21bbb841-fe8c-41e3-abde-da66086e08f0 (read 2026-11-04).

## Facts (observed)

- Company: [Rain](https://alderhq.app/companies/rain)
- Location text: New York, NY
- Where it can be done from (inferred): Onsite · United States (evidence: "Location: New York, NY")
- Posted: 2026-01-09 (298 days ago)
- First seen by alder: 2026-11-02 · last verified: 2026-11-04
- Reposted: 0 times · edited: 0 times
- Apply on the employer's site: https://jobs.ashbyhq.com/rain/21bbb841-fe8c-41e3-abde-da66086e08f0
- Skills listed (inferred): Python, Ruby/Rails, PyTorch, TensorFlow

## Pay and sponsorship

- Posted pay: $170k–$240k per year (from the listing's pay field)
- Market band for similar posted roles (New York, n 46): p25 $170k, median $225k, p75 $273k

## Description (the employer's text)

### About the Company

Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, developers, and AI agents. Our technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, wallets, and cross-border rails. As both a Visa and Mastercard Principal Member, Rain issues cards that work at more than 175 million merchant locations in over 220 countries and territories. Built natively for stablecoins and trusted by more than 100 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world.

You will have the opportunity to deliver massive impact at a hypergrowth company backed by some of the top investors in fintech, crypto, and SaaS. In January 2026, we closed a $250M Series C led by ICONIQ, valuing Rain at $1.95B, with Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst also participating. If you're curious, bold, and excited to help shape a borderless financial future, we'd love to talk.

### Our Ethos

We believe in an open and flat structure. You will be able to grow into the role that most aligns with your goals. Our team members at all levels have the freedom to explore ideas and impact the roadmap and vision of our company.

### About the Team

The fraud risk management team at Rain creates sophisticated, scalable risk mitigation solutions to protect our customers and deliver a low-friction experience. We achieve this by maintaining transaction and lifecycle event monitoring, building alerts to speed fraud detection and response, and creating risk rules and strategies powered by ML models. We are a pillar of the business, supporting new products and ensuring their success. Rain’s next-generation payment technology introduces new fraud vectors that require holistic, end-to-end thinking, strong data fundamentals, and fraud management savvy to combat.

### What you’ll do

Architect and build scalable ML systems for fraud detection, anomaly detection, and behavioral analysis

Develop and maintain end-to-end ML pipelines: data ingestion, feature engineering, model training, deployment, and continuous monitoring

Design and implement low-latency, real-time decision systems partnering with fraud risk data scientists, integrating with transaction or behavioral data streams

Own ML infrastructure, including model versioning, automated retraining, and safe deployment strategies (e.g., shadow, rollback)

Build robust monitoring and alerting for model performance, latency, data quality, and drift

Lead experimentation on model explainability, drift detection, and adversarial robustness for fraud prevention use cases

Develop tooling and processes to improve the effectiveness and speed of the ML development lifecycle

Partner with platform teams to meet strict SLAs for availability, latency, and accuracy

Collaborate closely with talented engineers, data scientist and compliance teams across Rain

Work in a fast-paced environment on a rapidly growing product suite

Solve complex problems at the intersection of ML systems, data, and reliability

### What we're looking for

5+ years of experience building ML systems in production; at least 2+ in fraud, risk, or anomaly detection domains

A degree in Computer Science, Engineering, Statistics, Applied Math, or a related technical field

Proven track record designing and maintaining ML models at scale

Advanced proficiency in Python and ML frameworks (e.g., PyTorch, TensorFlow, scikit-learn)

Strong understanding of supervised/unsupervised learning, anomaly detection, and statistical modeling

Ability to work autonomously, manage ambiguity, and collaborate closely with data scientists to translate analytical models into robust fraud prevention systems

Experience developing, validating, and productionalizing predictive real-time and offline fraud detection models using supervised and unsupervised ML techniques

Experience collaborating with cross-functional teams to prioritize, scope, and deploy MLI solutions at scale

---
Data: alder (https://alderhq.app). Cite https://alderhq.app/jobs/ashby%3Arain%3A21bbb841-fe8c-41e3-abde-da66086e08f0 and the date you read it. Observed facts come from the employer's own listing; location reach, level, family and skills are inferences.
