Master Thesis: Fraud Modeling
Entrepreneurs build our future. We power theirs.
Background:
We are a fintech bank specializing in SME business loans, with a strong focus on developing highly accurate credit risk assessment models. First-party fraud is a growing challenge in our sector. Unlike identity theft, this type of fraud occurs when a legitimate customer applies for credit with the deliberate intention of never paying it back.
The most blatant indicator of this behavior is a customer who defaults on their very first payment and rolls directly into delinquency. Distinguishing these intentional fraudsters from honest customers experiencing sudden financial distress is incredibly difficult, yet crucial for robust risk management.
Project Objective:
Leverage predictive models to identify first-party fraud in SME business loans through in-depth historical data analysis and feature engineering.
Responsibilities:
Data Analysis: Analyze historical loan and repayment data to uncover behavioral patterns of intentional first-payment defaults.
Feature Engineering: Identify and create variables that distinguish intentional fraudsters from honest customers in financial distress.
Model Development: Develop a predictive model that integrates the newly engineered features.
Validation and Testing: Validate the model to ensure its accuracy and robustness.
Documentation and Reporting: Document the analysis, findings, and model results.
How To Apply:
This is what we need from you:
A brief description of yourself.
Attach a CV, make sure it contains relevant courses and projects that you have completed.
Note: This Master Thesis Project is based on-site in Stockholm.
This master thesis student will join our team from January 2027 - June 2027. The student gets a computer, access to the office and a 20 000 SEK compensation for a successful master thesis project. If you have any questions about your application, please reach out to alexander.eriksson@qred.com.
- Team
- Credit & Analytics
- Locations
- Stockholm
What we value
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We like to have fun!
We celebrate success by arranged and less arranged events where everybody is welcome to both join and arrange 🥳
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We believe in the power of collaboration
Every team gets 750 SEK/75 EUR per team member each quarter to spend on team-building activities. Great right?
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We care about well-being
Therefore we have the highest amount of wellness contribution.
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You are a part of building this company
Once in a while, we offer warrant programs which you will have the chance to take part in if you stick around.
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Financial awareness & stability
We are founder-owned and operated and have always made sure to be profitable and well-capitalized.
Great people nurture great culture
Seriously, it’s not everywhere you will find ambitious, diverse, intelligent and development-focused colleagues. But at Qred we have managed to gather all of the above and created a friendly and welcoming team. We believe that is really unique.
About Qred Bank AB
Qred is an international FinTech scale-up that specializes in digital financing solutions for small businesses, with operations in the Nordics, Benelux, Germany and Brazil. We are passionate about helping small businesses thrive and grow, by providing them with business loans and credit cards. Right now we’re in an exciting phase of our journey that focuses on growth through smart product development and technology fueled by international expansion.