Aug 03 2020

How the Novi Data Team is Increasing Financial Inclusion

By Meta Careers
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The world has changed rapidly since the internet was invented. And while recent technological advances are making it possible for people to communicate and get information quicker and easier than ever before, financial inclusion is still evolving. Even today, 1.7 billion people across the globe don’t have access to basic financial services.
Novi, a subsidiary of the Facebook company, is committed to helping people around the world access affordable financial services. Novi’s first product will be a digital wallet for the Diem network—a new global payment system built on innovative blockchain technology—that will make sending money as easy as sending a message.
We talked with Sivanne G., Director and Head of Fraud at Novi in Tel Aviv, to learn more about Novi’s mission and the work she and her team are doing. Keep reading to learn about what their impact means to Sivanne, where she sees the biggest opportunities in data science and data engineering, and what the Novi team in Tel Aviv has to offer.
"Sivanne wearing a blue shirt and glasses"

Novi’s mission: Empowering people with affordable financial services

“I chose to work on Novi in Tel Aviv because I’m deeply passionate about our mission to provide people around the world with inclusive, safe, and secure financial services. Our first step in this journey is to make remittances easier and more affordable for people. By reducing these costs, and eliminating hidden fees, we can help remittance senders share more with their families.
At Facebook, we have the support and scale to build a new product that can truly make a positive impact in people’s lives and communities. My teammates and I are all working toward the same goal, and I find it inspiring to be a part of such a mission-driven group of people.”

Fulfilling our commitment to keeping Novi secure

“As Director and Head of Fraud for Novi in Tel Aviv, I support the Data Science and Data Engineering teams within fraud and compliance. Our goal is to increase financial inclusion with a commitment to preventing harmful activity.
When it comes to managing fraud and compliance, it’s all about detection. We leverage data to detect and prevent real-time attempts to conduct fraudulent or illicit activity on the platform. The team in Tel-Aviv is involved in the entire customer and product lifecycle: we use analytics to define the goal and direction we should take for specific challenges and then apply advanced data science and engineering to make it happen.
To me, there’s nothing more exciting than building systems that will ensure people everywhere can safely participate in the global economy. There are endless opportunities to drive change and make a difference.”
Novi is being designed with a strong commitment to protecting customers from undue risk on our platform. You can learn more about Novi’s Customer Commitment to data privacy, compliance, and consumer protections here.

Leading with trust and autonomy

“Working on Novi at Facebook, I’m surrounded by passionate people in a diverse, bottoms-up organization. I’ve found this to be a unique experience, as everyone is encouraged to make a positive and meaningful impact on our mission while being open and vocal about their suggestions and concerns. We have high standards, which calls for a lot from each team member, but it is worth it as we see Novi’s mission come to life.
I believe that our shared values and culture drive true leadership, and as a leader, it’s important to me that everyone has a voice and feels heard. Different perspectives give us the best point of view. I’ve had people join my team and later tell me they didn’t expect to have so much ownership. Many people are surprised by the amount of trust and strong sense of accountability we have on the team and at Facebook.”

Engineering solutions for long-term success

“Do you love to solve problems? Are you passionate about our mission to bring inclusive and secure financial services to people across the globe? Not only do we have a rare opportunity to work on a product that has the potential to make a widespread positive impact, but we’re still in the early stages at Novi. We’re actively looking for folks in data science and engineering to join our team.
We’re adaptable, flexible, and solving problems that haven’t been encountered before. This kind of flexibility and open-mindedness is paramount to our success. We all care deeply about accomplishing our mission, and we’ll take all of the roads that get us there. There’s rarely just one path forward.”

Careers in Novi

We are growing our teams in Philippines - learn more about opportunities here.

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