--- title: 'Fraud Specialist at Novig' canonical: 'https://feeny.ai/job/fraud-specialist-novig-new-york-2nwwfqze5mt4' type: 'job' last_seen: '2026-09-09' --- # Fraud Specialist at Novig - **Company:** Novig - **Location:** New York, NY - **Compensation:** $65k–$75k - **Employment:** full-time - **Posted:** 2026-08-10 - **Last confirmed live:** 2026-09-09 - **Apply:** https://jobs.ashbyhq.com/novig/bd216331-c180-4534-b203-336d34c63ab9 ## Job description ## FRAUD SPECIALIST $65K – $75K • meaningful equity ## ABOUT NOVIG Novig is building America's #1 sports prediction market. Our mission is to financialize and democratize sports trading - taking a closed system run by casinos and turning it into a fair, efficient, two-sided market where the power sits with users. With Novig recently becoming a CFTC-designated market — the fastest designation of its kind in US history— we're bringing the prediction market built for sports fans nationwide. We're backed by some of Silicon Valley's top investors — Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana — who have collectively invested over $100M behind this vision. ## ABOUT THE ROLE This is an opportunity to help build out the fraud and risk function at one of the fastest-growing prediction markets in the country. You'll investigate multi-accounting, bonus abuse, and suspicious betting patterns — digging into the data, piecing together what's actually going on, and making the call on how to handle it. Every case sharpens the systems that keep the exchange fair and protect real users. This is perfect for someone who likes investigative work, trusts their judgment under pressure, and wants ownership over a function that's still being built. You're the person we turn to when something looks off and needs a clear-eyed person to figure out why. WHO YOU ARE AND WHAT YOU WILL DO - You’re naturally curious. When something looks off, your instinct is to dig into the data, connect the dots, and uncover what others might miss. - You enjoy investigative work. Whether it’s spotting multi-accounting schemes, bonus abuse, or suspicious betting patterns, you like unraveling complex user behaviors. - You’re detail-oriented and analytical. You’re comfortable working with data, internal tools, and admin systems to identify risk and build clear, evidence-backed cases. - You’re decisive under pressure. You can make thoughtful judgment calls when the stakes are high and move quickly in a fast-paced environment. - You care about marketplace integrity. Protecting users and ensuring a fair, trustworthy exchange genuinely motivates you. - You’re excited to help build something new. The opportunity to strengthen Novig’s fraud and risk systems—and stay one step ahead of bad actors as the exchange scales—is energizing. - You have 1–3 years of experience in fraud operations, trust & safety, risk, or a similar investigative role. - You have experience in fintech, gaming, marketplaces, or high-volume e-commerce (strongly preferred). - You are comfortable working with data and internal tooling, and ideally familiarity with SQL or analytics tools like Looker or Tableau. - You have a strong investigative mindset and the ability to identify subtle patterns or anomalies in user behavior. - You possess clear communication skills, especially when explaining why an account or activity is suspicious to non-technical teammates. WHY WORK HERE, IN THE WORDS OF THE PEOPLE WHO DO “I work with extremely stellar people, I own real systems, and decisions happen fast. No politics, no waiting for needless red tape. If something's broken, I fix it. If I build something good, it ships.” “The people! They're smart, thoughtful, fun to work with and passionate about their craft.” “I'm having the most fun I've had in my entire career.” If you want responsibility, trust, and the chance to help build the future of sports prediction markets - take your shot, we’d love to connect. ## NOT FOR EVERYONE - Our work and this role are tied to live sports - that means nights, weekends, and pressure included. - If you need clear swim lanes, a heavy process, or someone to tell you what to do, this won’t be the right environment. ## COMPENSATION & BENEFITS - $65K – $75K base, benchmarked at top-tier tech companies - Meaningful equity for every employee, regardless of role - 100% health premiums covered - 99% dental & vision covered - 401(k) with 4% company match - HSA + $1,080 annual company contribution - $27/day lunch stipend when working from our NYC office - $35/day dinner stipend when working from the NYC office after 6:30pm ## HOMEBASE Union Square, NYC or Remote ## About Novig ## Company Overview - **One-liner**: Novig is a commission-free, peer-to-peer sports prediction market that allows users to trade on sports outcomes against each other rather than against the house. - **Entity Type**: Private (Series A; Y Combinator Summer 2022) - **Headquarters**: New York, New York, USA - **Founded**: 2021 - **Founders**: Jacob Fortinsky (CEO) and Kelechi Ukah (CTO) ## Core Business - **Primary industry**: Sports prediction markets / sports trading (disrupting traditional sportsbooks) - **Target customers**: B2C – sports fans and retail traders looking for fair, transparent betting alternatives - **Mission**: “Create a faster, fairer future for traders and fans — free from hidden fees, house edges, and account limits.” ## Products & Services - **[Novig Platform]**: A mobile and web app that enables peer-to-peer sports trading with zero commission. Users set their own odds, trade in real-time, and benefit from full market transparency. Available in 35+ U.S. states. ## Market Standing - **Valuation**: Not publicly disclosed (private company) - **Key Metric**: Over $105 million raised in total funding (including a $18M Series A announced in 2026) - **Notable Investors/Partners**: Pantera Capital, Forerunner Ventures, Lux Capital, NFX, Y Combinator, Paul Graham, Joe Montana - **Growth Signals**: - Fastest growing sports prediction market in the U.S. - Received CFTC approval to operate as a regulated exchange - Team grew to 55 employees (~23 in product & engineering) - Available in 35+ states nationwide ## Competitive Advantages - **Commission-free model**: No house edge or hidden fees; users trade directly with each other. - **Peer-to-peer exchange**: Better pricing and transparency than traditional sportsbooks. - **Regulatory edge**: CFTC-regulated, providing legitimacy and trust in a grey-market industry. - **Backed by top-tier investors**: Deep war chest and network from Silicon Valley’s best. ## Strategic Focus - Continue expanding into new states and product features. - Drive user adoption by marketing the fairness and efficiency of prediction markets vs. sportsbooks. - Build out engineering and operations teams to scale the platform and maintain reliability during high-traffic events. ## Why Work Here - **High-growth, well-funded startup**: Over $105M raised with massive market opportunity in the expanding sports betting sector. - **Impact & ownership**: Engineers and product teams directly shape a platform used by millions. - **Engineering culture**: Modern tech stack (Rust, TypeScript, React Native, Node.js, Python, AWS, Kafka, GraphQL, Redis, PostgreSQL, Terraform, Docker). - **Work model**: Hybrid in-office (NYC headquarters) with 4 days/week in-office expected; remote options available for select roles. - **Benefits**: Competitive salary ($170K–$225K for L4 Backend Engineer), equity, comprehensive health coverage. - **Values-driven**: “Challenge the House”, “Truth Over Ego”, “Move Fast, Think Long”, “Fans First, Always”. - **Passionate team**: Sports fans building for sports fans. ## Sources 1. [Y Combinator – Novig](https://www.ycombinator.com/companies/novig) 2. [Novig Careers](https://novig.com/careers) 3. [Built In – Novig](http://www.builtin.com/company/novig) 4. [Novig Landing Careers](https://landing.novig.com/careers) ## Other roles at Novig - [Lead Brand Designer](https://feeny.ai/job/lead-brand-designer-novig-new-york-bb9xh65qzb1b) — New York, NY - [Chief Fan Officer](https://feeny.ai/job/chief-fan-officer-novig-remote-na05kpbcks9w) - [Regulatory Chief of Staff](https://feeny.ai/job/regulatory-chief-of-staff-novig-new-york-jjb207zj8acc) — New York, NY - [Software Engineer](https://feeny.ai/job/software-engineer-novig-new-york-q6ta0n6aq08f) — New York, NY - [Head of Social](https://feeny.ai/job/head-of-social-novig-new-york-aaey5m7js0dq) — New York, NY - [Finance Operations Associate](https://feeny.ai/job/finance-operations-associate-novig-new-york-gn12vhapqw8n) — New York, NY - [Developer Relations Engineer](https://feeny.ai/job/developer-relations-engineer-novig-new-york-zjz7g7s64mzv) — New York, NY - [Market Operations Specialist](https://feeny.ai/job/market-operations-specialist-novig-new-york-rmf923jgv8k4) — New York, NY - [Performance Marketing Manager, Display & CTV](https://feeny.ai/job/performance-marketing-manager-display-ctv-novig-new-york-93hf60z6tm92) — New York, NY - [Customer Experience Specialist (Seasonal)](https://feeny.ai/job/customer-experience-specialist-seasonal-novig-remote-tdztajabdkaz)