Fraud Analyst - New Works, United Kingdom - Virgin Money

Virgin Money
Virgin Money
Verified Company
New Works, United Kingdom

3 days ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Business Unit:
Risk Management, Chief Compliance Office

Salary range:
£31,600 - £47,400 per annum


Location:
Remote within the UK


Contract type:
Permanent and Secondment opportunities


You're life more Virgin starts here

Join Virgin Money as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head.

We're on the lookout for like-minded individualsand innovators to help drive our strategy forward.

We're also transforming how we work, offering our colleagues more choice, control and flexibility to live and work how they choose with
A Life More Virgin.



Here's what it means for YOU:

  • 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)?
  • Up to five extra paid wellbeing days per year?
  • A 35hour working week
  • 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
  • Market leading Pension & Private Medical Insurance
  • Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
  • Ability to work anywhere in the UK? (where the role allows)

And you get these Red Hot Rewards from day oneIt's an exciting time in Fraud Risk as we grow our team to enhance our capability to meet demands. We are looking for experienced individuals to join us and help shake things up.


The role holder will be responsible for undertaking fraud analytics as directed by the senior fraud analyst / Fraud Analytics Manager to optimise fraud defence systems, to ensure that fraud risk is within appetite, losses within budget and operational andgenuine customer impacts are balanced.


This role in a nutshell

  • Developing expertise on fraud defence systems.
  • Optimisation and monitoring performance of fraud detection and prevention systems and associated models.
  • Configuring fraud systems to manage fraud risk within appetite and budget.
  • Being part of an innovative fraud analytics team that tune fraud defences to prevent fraud, while balancing operational impact and genuine customer interventions.
  • Completing analytics as directed to support the setting and ongoing reporting and management of the Fraud loss budget.
  • Producing accurate and relevant fraud MI required by governance committees and stakeholders.
  • Providing daily, weekly, monthly & quarterly fraud loss monitoring and reporting.
  • Providing analysis to support maintenance, development and investment in fraud defence systems.
  • Supporting Fraud SME input on fraud projects through analytics.
  • Providing input and impact analysis to fraud incident response as directed.
  • Internal stakeholder engagement.
  • Supporting external engagement with third party suppliers, industry bodies and law enforcement as required.

To be brilliant you must have...

  • Minimum 1 years' experience of successfully working within a fraud risk analytics function within UK Retail Banking.
  • Track record of completing analytics and tuning fraud defence systems to manage fraud loss within budget and appetite.
  • Knowledge of industry standard fraud systems and data sources (Falcon, CA Arcot, Biocatch, TS2, Hunter).
  • Practical experience of using SAS / SQL or equivalent analytical tools to develop data driven solutions.
  • Knowledge of fraud risks, threats, and landscape.
  • The ability to challenge effectively.

We'd love you to have. but not essential

  • Numerate degree or equivalent experience
We really need you to have the skills and experience listed in the
To be brilliant you must have section above, but the rest is just our wish list, so please don't let that put you off applying, we'd love to hear from you

**Inclusion at Virgin Money

**Now the legal bit
**Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.


If we offer you a job and you accept, there are some checks we need to complete before you can start with us.

This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.
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