fraud risk analytics manager - avp in coventry

job type
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job details

coventry, west midlands
job category
financial services
job type
working hours
reference number
+44 (0) 20 7786 6917
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job description

Are you able to communicate complex data/system issues and solutions to a varied stakeholder audience? Are you passionate about data analysis and how this contributes to the business? Do you want to be at the forefront of risk prevention and detection measures for a world leader in banking? If so, then this may be just the job for you...


- Opportunity to develop experience working for a global leader in banking
- Competitive salary
- Choice of two working locations - either Coventry or Northampton
- Excellent benefits package
- Opportunity to work on the cutting edge of fraud prevention and detection
- Generous company pension scheme


Our client - a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management - is seeking a new Fraud Risk Manager. This role is within the Global Fraud Management - Risk Fraud Analytics team, responsible for the provision of data driven analytics for the management of Fraud decision strategy - maximising the performance of Fraud risk systems, toolkits and associated data and processes to contribute directly to the proactive detection of fraud and the reduction of fraud losses while minimising impact to genuine customers and their transactions.


- Ensuring effective score and rule performance management for fraud detection tools, ensuring optimal - False Positive rates and Key Performance Indicators such as alert volume SLAs, Victims of fraud, Fraud Losses are set and achieved.
- Production of the design, development and deployment of analysis and monitoring to prevent and detect fraud, responding to emerging trends and attack. Identify, monitor, escalate and respond to emerging fraud trends in MO, attack profile, customer profile.
- Provision of fraud systems/data subject-matter-expertise in the evaluation and development of new fraud systems / tools and their implementation.
- Supporting the delivery of predictive analytics and models to allow the development of new Fraud Management solutions and better understand fraud control strategies that may be deployed
- Assisting stakeholders to articulate their fraud system strategy requirements / queries, guiding and challenging where appropriate.
- Provision of analytics to ensure vendor managed services, such as Fair Isaac and Experian are optimal, and challenge where performance does not meet with company standards or SLA
- Managing relationship with key stakeholders to ensure fraud risks are identified and mitigated across system control framework
- Presenting and communicating results to Senior Management (VP-Director), working closely with Senior Manager to ensure consistent approach
- Acting as a fraud expert within analytics arena, deputising for Fraud VP as appropriate.
- Decision making and problem solving - analysing and making decisions at speed to counteract fast-paced Fraud attack


- Degree or equivalent in statistics, mathematics, operational research or related area or significant relevant experience
- Working knowledge of SAS/SQL
- Experience of working in a data intensive environment
- Track record in performing data analysis and building predictive models, utilising a standard statistical package such as SAS (preferred) for large financial institutions
- Good knowledge of data analysis, theory and multivariate statistical techniques (e.g. Logistic Regression
- Ability to communicate complex data/ system issues and solutions to a varied stakeholder audience
- Ability to challenge and to be innovative
- Excellent organisational skills
- Excellent communication skills, both verbal and written
- Ability to absorb large quantities of data at speed, making the right decisions quickly with limited data availability
- Advanced statistical understanding (ideally working knowledge of statistical modelling and neural networks)
- Passionate about data analysis and how this contributes to the business
- A self-motivated team player who is able to define structure and prioritise work for self, but who also has the flexibility and capability to change priorities when circumstances dictate.
- Knowledge of Fraud Risk systems and controls and their operating environments would be an advantage


Click APPLY now, submitting an up to date CV. Alternatively contact Matt McLaren on +44 (0)20 7786 6917 for more information.

We are seeking to arrange interviews ASAP, so please don't delay!

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003


financial analysis,sas,sql


degree with maths,qualified by experience


Pursuant to the Employment Agencies Act 1973 and associated legislation, Randstad is acting as an employment agency with respect to this role. As such we are sourcing candidates for introduction to our client for permanent direct engagement by said client.

educational requirements