Senior Machine Learning Engineer - Fraud Detection
Modulai is hiring a Senior Machine Learning Engineer - Fraud Detection in Stockholm, Sweden. Level rates it ; you can apply on Modulai.
Level's read on this job
- Level rates this machine learning engineer role Builds AI ββββ: the job is building AI systems.
- The posting mentions scikit-learn, XGBoost and MLOps among its tools and skills.
- Level classes it as a senior role.
- Modulai has 4 other open roles on Level.
AI in this role
SENIOR MACHINE LEARNING ENGINEER
We are recruiting Senior Machine Learning Engineers to work on the development of a next-generation fraud detection platform for a major Payment Service Provider (PSP).
The role combines production-grade machine learning engineering, advanced data analysis/statistics, and customer-facing technical collaboration. You will work closely with the clientβs data, engineering, risk, and compliance teams to design, implement, deploy, and continuously improve real-time ML models operating in a highly regulated financial environment.
We approach these problems as a team, meaning that you will have to be able to clearly explain your reasoning and code in order to engage the rest of us. This is a hands-on, forward-deployed role requiring both deep technical expertise and strong communication skills in English.
Core Responsibilities
Design, train, evaluate, and deploy ML models for transaction-level fraud detection (primarily tabular data).
Analyze large-scale transaction datasets to identify patterns, leakage, bias, and data quality issues.
Build and maintain production ML services (real-time and batch).
Implement robust ML pipelines, model monitoring, and experiment frameworks.
Collaborate directly with client engineers, data scientists, and risk teams.
Translate complex technical concepts and results into clear, actionable insights for technical and non-technical stakeholders.
Operate within strict requirements for reliability, explainability, traceability, and compliance.
Background and skills:
Production-grade Python and solid ML fundamentals (XGBoost/LightGBM, Scikit-learn, feature engineering, imbalanced datasets)
Experience building and shipping ML-powered APIs (FastAPI/Flask), Docker, CI/CD, and distributed data processing (PySpark/SQL)
Strong stats foundation: experimental design, bias/leakage detection, time-dependent validation
Hands-on MLOps experience β feature stores, Airflow/Kubeflow, model monitoring, real-time inference, A/B testing
MSc or Ph.D. in a quantitative field
Excellent understanding of a broad set of ML algorithms and frameworks
A passion for lean, clean, and maintainable code
The desire to grow and to share insights with others
Domain experience: Fraud detection, payments, fintech, or credit risk. You've worked with cost-sensitive decisions, highly imbalanced data, and models that directly impact business risk.
How you work: You communicate clearly with engineers, product, and compliance stakeholders alike. You write good documentation and can hold your own in architecture discussions.
About Team Modulai
At Modulai, we focus 100% on solving problems with machine learning (ML). We work in teams on a project basis, for clients, as part of the core team in startups where we have long-term engagements, and we also build our own ML products.
Learning and teamwork are central to how we work. Everyone in the team is or will soon be a full-stack ML engineer capable of scoping and developing end-to-end ML solutions. You should be able to do end-to-end machine learning products by yourself but never do it because we always work in teams. If there is data, we will do ML on it!
Note:
Due to the summer holiday period, applications will be reviewed starting 27th of July.
How we rate this
Senior Machine Learning Engineer - Fraud Detection at Modulai rates 95 out of 100 for how much of the daily work is AI. That makes it Builds AI (AI Level 4 of 4). The level is about AI in the job, not seniority.
Builds AI. The job is building AI systems.
- ββββ Builds AI80 to 100
- ββββ Works on AI60 to 79
- ββββ Uses AI40 to 59
- ββββ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
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Skills and AI tools this role asks for
Also common in machine learning engineer jobs at this level
Pay
- Typical machine learning engineer job
- $198k
This posting doesn't list pay. Use the typical machine learning engineer figure when pay comes up. See machine learning engineer jobs
Questions you could be asked
- How do you monitor a model once it's live, and how do you know it needs retraining?
- Walk me through how you've used scikit-learn in your day-to-day work.
- What are the limits of XGBoost that you've run into, and how did you work around them?
- How would you decide a model or AI system is ready to ship?
- Tell me about a time a model underperformed in production. How did you find out, and what did you change?
Adapt your resume
- List these exact terms on your resume: ML Ops, scikit-learn, and XGBoost. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
- Lead with what you built, trained or shipped. This role is judged on the AI system itself, not the tools around it.
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