Senior Manger Fraud Decisioning and Insights Payments

Job Description

A new vacancy has arisen for a Senior Fraud Analytics Manager to join a major UK Commercial Bank on a permanent basis.This role will align to their payments team within UK Fraud who are responsible for the day to management of fraud across the business. The Senior Manager within the team will lead on a particular fraud typology/business function, in this instance PaymentFraud.Role Responsibilities:Ensuring routines are developed and undertake in-depth analysis of fraud patterns then develop and implement enhanced strategies within our fraud detection systems across the Payments fraud typology.Lead the ongoing monitoring of the fraud detection systems across the Payments fraud typology to ensure that they are performing optimally and in line with appetite.Lead on the management of any flash fraud attacks on behalf of the Fraud Decisioning & Insights team impacting their specific typology/business area.Interpreting and manipulating large data sets to extract trends and identify issues and risk.Lead your team 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 and the Fraud Control Design & Delivery team to ensurethat any required changes can be developed and implemented.Developing and implementing 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.Providing regular feedback to the Fraud Operations teams where alerts have been released incorrectly leading to a successful fraud.Ensuring close working relationships are developed with the Strategic Fraud Analytics function to develop models and optimisation tools that meet business requirements.Leading on any remediation of any live service issues impacting on the fraud detection systems and/or operations.Developing your team in line with business and individual colleague needsKey Skills & Experience:Proven expertise of working within an existing Fraud Analytics/Fraud Strategy team.Detailed knowledge of payment processes is critical.Leadership / team building experience.Experience of working with Fraud Detection systems such as, SAS EFM, Falcon, Feedzai, Biocatch, Hunter and Threatmetrix.Knowledge of using, calibrating and optimising fraud detection tools.Relevant work experience in Data Science, Statistics, Mathematics, or any other quantitative discipline.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.Experience of working across multiple fraud typologies.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.If you would like this job advertisement in an alternative format, please contact MERJE directly.