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Fraud Analytics Manager

  • Location: United Kingdom
  • Salary: c.£65,000 + Excellent Benefits per year
  • Job Type:Permanent

Posted 24 days ago

  • Sector: Financial Crime & Fraud
  • Contact: Sam Anderson
  • Contact Email:
  • Contact Phone: 0161 883 2765
  • Expiry Date: 06 June 2023
  • Job Ref: SA/10294



Job Title

Fraud Analytics Manager



Job Description

A new vacancy has arisen for a Fraud Analytics Manager to join a major UK Retail Bank.

This role will align to their Fraud Decisioning & Insights payments team within UK Fraud who are responsible for the day to management of fraud across the business, ensuring that the payment fraud detection systems are fully optimised to detect fraud against the bank or its customers.

Role Responsibilities:

      Develop routines to and undertake in-depth analysis of fraud patterns then develop and implement enhanced strategies within the payment fraud detection systems.

Manage the ongoing monitoring of the fraud detection systems to ensure that they are performing optimally and in line with appetite.

Manage flash fraud attacks on behalf of the Fraud Decisioning & Insights payments team.

Interpret and manipulate large data sets to extract trends and identify issues and risk.

Lead Senior Fraud Analysts to ensure that detailed root-cause analysis is undertaken to identify control and/or process/procedure failings that are driving fraud attacks, escalating to the process/control owner(s) and the Fraud Control Design & Delivery team to ensure that any required changes can be developed and implemented.

Develop and implement routines to work closely with the operational teams to ensure that any fraud alerts generated have an appropriate treatment strategy dependent upon the risk identified.

Provide regular feedback to the Fraud Operations teams where alerts have been released incorrectly leading to a successful fraud.


Key Skills & Experience:

      The role holder will ideally evidence proven expertise of working within an existing Fraud Analytics/Fraud Strategy team.

Detailed knowledge of the UK Banking & payment's industry is critical.

Experience of working with fraud prevention & detection systems such as, SAS EFM, Feedzai, Featurespace, Falcon, Actimize, BioCatch and ThreatMetrix is essential.

Knowledge of using, calibrating, and optimising the above fraud detection tools is essential.

Relevant work experience in Data Science, Statistics, Mathematics, or any other quantitative discipline would be an advantage.

Experience of developing new processes and ways of working within a Fraud Strategy/Analytics team would be preferred.

Experience of understanding what best in class fraud analytics/routines look like is essential.

Experience of working across multiple fraud typologies would be an advantage.


Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

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