The Senior Fraud Analyst will deliver the overall fraud management framework including all detection and management strategies, systems, analysis & reporting.

Key responsibilities include:

Fraud Strategy - In-life

• Develop fraud detection and management strategies to protect and mitigate fraud loss by analysing large data sets, fraud databases and intelligence
• Work with other members of the credit risk team and business to ensure an effective “feedback loop” from learnings in-life to inform fraud prevention analysis
• Assist in the research of statistical techniques (machine learning, neural networks, etc) and industry best practice to ensure optimal fraud model design
• Work with operational teams (New Business, Contact Centre, Complaints, Asset Management) to ensure strategies are effectively delivered within an operational context
• Input into the development of all new product, process and system redesigns to ensure that fraud is appropriately considered
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, internal risk policies and Group guidance.
• Work with Credit Policy & Governance team to develop policy that adequately supports fraud, detection and management objectives
• Work with the Credit Policy & Governance teams, and 1^st / 2^nd line of defence teams to ensure that fraud strategies, processes and procedures are being adhered to.
• Identify current and future transactional fraud threats and use this insight to incrementally improve the fraud framework over time and respond to immediate material fraud incidents
• Chair the monthly Fraud Working Group with representatives from across the business to ensure effective understanding and controls of fraud losses
• Manage external relationships with fraud bodies e.g. CIFAS and contribute to industry discussions on fraud

Fraud Data & Systems

• Assist in the design, implement and management all fraud systems and policies across all products
• Extract, collate and structure fraud data to support the development of fraud mitigation strategies

Fraud Reporting:

• Use analytics to identify fraud trends, networks and produce fraud MI
• Ensure fraud intelligence from internal and external sources is tracked and appropriate action taken
• Assist in providing meaningful insight into fraud losses and reporting.
• Deliver Fraud reporting in line with regulatory and industry requirements

The Person:

• Fraud Analytics experience with a good understanding of fraud prevention, detection and management processes
• Experience within consumer finance or similar industry
• Strong technical skills with coding experience in either SAS or SQL (or equivalent)
• In-depth analytical skills with the ability to digest and interpret complex concepts
• Knowledge of the regulatory environment (preferred).
• Good communication skills with the ability to communicate to multiple and varied audiences (technical and non-technical)
• Excellent stakeholder management
• Some line management experience (preferred)

Please note, should you not receive feedback 28 days, unfortunately your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.