Risk Control Manager - Fraud Risk Oversight (Fintech)

Location: Stockholm, Sweden; hybrid work with most teams meeting in the office 2–3 days per week.

Salary: SEK 855,940–975,772 per year.

Company

Klarna is a licensed bank and everyday finance network serving over 120 million consumers across 26 countries through lending and payment products.

What you will do

• Define and maintain the fraud risk taxonomy, risk appetite statements, key risk indicators, and fraud risk policy.
• Own the fraud risk assessment methodology and run periodic assessments.
• Independently test and challenge first-line controls, including rules engines, ML models, and manual review processes.
• Challenge risk acceptance decisions and remediation plans, negotiate timelines, and advise fraud analysis, operations, product, and engineering stakeholders.
• Produce fraud risk management information and dashboards for risk committees and the Board; monitor emerging typologies, threat intelligence, incidents, losses, and control breaches.
• Provide fraud risk opinions on new products, markets, and material changes; track PSD2/PSD3, APP fraud reimbursement rules, AML and fraud regulation, and coordinate with Financial Crime Compliance, Legal, and Internal Audit.

Requirements

• 7+ years of experience in fraud or risk, including fraud in payments and lending.
• Knowledge of APP fraud, account takeover, synthetic identity, first-party fraud, and merchant fraud.
• Practical experience applying the Three Lines of Defense, risk appetite setting, and RCSA.
• Ability to review models without building them and interpret precision, recall, drift, and back-testing results.
• Ability to distinguish between genuine fraud-rate reductions and changes caused by a looser risk appetite.
• Experience negotiating remediation timelines or risk acceptances with owners balancing growth, customer friction, and cost.
• Clear written and verbal communication for risk committees and the Board, including with non-specialists.
• English CV required.

Nice to have

• First-line experience in fraud strategy, analytics, product, or engineering.
• Experience supporting a regulatory examination or responding to a supervisory request on fraud risk.

Culture & Benefits

• Co-located team environment with office attendance typically 2–3 days per week, subject to team needs and change over time.
• Diversity of skills, perspectives, and backgrounds is valued.
• Final compensation depends on qualifications, skills, and experience.