Risk Control Principal Product Specialist

As a Risk Control Principal Product Specialist at Bybit, you own the full lifecycle of fiat risk control products, covering fraud prevention and AML across high-frequency deposit, withdrawal, and payment flows. You combine risk insight with business needs to design, iterate, and optimize an efficient, intelligent risk control system that protects the platform without adding unnecessary user friction.

What you'll do

• Own the roadmap for fiat and payment risk control systems, including transaction monitoring and fraud detection
• Design and iterate on core mechanisms such as rule engines, decision flows, risk tiering, holds and releases, and automated interdiction
• Define the logic behind risk parameters (limits, velocity thresholds, triggers, escalation paths) and balance risk coverage against user friction
• Design controls that operate under high concurrency and strict latency requirements across fiat on/off-ramp, card acquiring, card issuing, and payment transaction risk control
• Work with Engineering on real-time data pipelines, rule execution performance, fallback and degradation strategies, and stability under peak load
• Detect and close gaps around abnormal patterns such as velocity abuse, account takeover, card fraud, chargebacks, mule accounts, and structuring
• Use AI to improve user conversion rates and reduce blockers in risk control flows
• Optimize risk-related communications delivered to customers during transactions
• Use AI to proactively guide users through document submission and identity verification, helping them resolve account restrictions or blocks imposed by risk controls
• Explore risk control requirements across business scenarios and combine industry trends with company strategy to set long-term plans and short-term iteration goals
• Produce high-quality PRDs that define functionality, performance, security, and other standards
• Lead prototype design and implementation and coordinate Technology, Data, Compliance, and Operations to deliver on time and at quality
• Communicate the value and usage guidelines of risk products and ensure risk strategies are implemented effectively across business lines
• Translate AML requirements into product capabilities, including transaction monitoring scenarios, sanctions and watchlist screening, and suspicious activity workflows
• Support audit and regulatory inquiries with clear documentation of risk logic
• Continuously monitor product data and evaluate the effectiveness of risk strategies and product features
• Define metrics such as false positive rate, interception rate, fraud loss rate, case handling time, and decision latency, and drive data-based iteration
• Run back-testing and A/B validation before rule or model rollout
• Build feedback loops between case management, operations, and strategy tuning and support incident handling, root cause analysis, and post-incident reviews

What you bring

• A Bachelor's degree or above in Computer Science, Mathematics, Statistics, Finance, Engineering, or a related field
• 3+ years of experience in risk control product design, with familiarity with the risk control processes of at least one field such as payments, credit, or e-commerce; experience in high-volume transaction environments is strongly preferred
• A track record of leading complete risk control product design and launch projects
• Hands-on experience in risk strategy formulation, model building, and rule engine design
• A solid understanding of fraud and AML mechanisms: rule engines, risk scoring, transaction monitoring, sanctions screening, and real-time decisioning
• Familiarity with fiat payment flows, including card schemes such as Visa and Mastercard, bank transfers, chargebacks, and payment fraud typologies
• Familiarity with risk control technologies and tools (risk models, anti-fraud systems, decision engines) and the application of machine learning in risk control
• Strong data analysis skills: SQL and Python for data extraction, analysis, and visualization
• The ability to discuss system design (latency, throughput, data consistency) credibly with engineers
• Familiarity with financial regulations and regulatory policies, with a strong sense of compliance
• Strong logical thinking, problem-solving, communication, and coordination skills; able to drive alignment with Compliance and Operations
• A rigorous and responsible approach, with strong stress resistance in high-pressure environments
• Fluent English

Nice to have

• Experience at a crypto exchange, bank, payment company, or fintech
• AI knowledge
• Knowledge of AML regulatory frameworks such as FATF, MiCA, and PSD2
• Mandarin language skills

What we offer

• Study Growth Fund supporting your professional development and continuous learning
• Internal events including team-building activities, workshops, and events designed to promote collaboration and innovation
• Global collaboration as part of a diverse, international team working alongside colleagues from around the world
• Career advancement opportunities for growth within a rapidly expanding global company
• Internal mobility and long-term development opportunities to help build your career path

About Bybit

Established in 2018, Bybit is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. The platform delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3, recognized as one of the most trusted and transparent platforms in the digital asset industry.