Job Description

Business Unit: Financial Crime & Fraud
Salary range: \xc2\xa331,600 - \xc2\xa341,500 per annum DOE + red-hot benefits
Location: Remote within the UK
Contract type: Permanent and Secondment opportunities

Grab onto your Virgin Money adventure

It\'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 and genuine customer impacts are balanced.

What you\'ll be doing:

• 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 on-going 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.
• Supporting external engagement with third party suppliers, industry bodies and law enforcement as required.

We need you to have:

• 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.

It\'s a bonus if you have but not essential:

• Numerate degree or equivalent experience

Just to flag

Not sure you\'ve all the skills? That\'s okay - still apply as we value passion and potential so tell us why you\'d be great in your application.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)\xe2\x80\x8b plus the option to buy more
• Up to five extra paid well-being days per year\xe2\x80\x8b
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market-leading pension and free private medical cover
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness
• Ability to work anywhere in the UK\xe2\x80\x8b (where the role allows)

And there\'s no waiting around, you\'ll enjoy these benefits from day one.

Feeling insatiably curious about this role? Apply as soon as you can. If we\'re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.

We\'re all about helping you Live a Life More Virgin, so happy to talk flexible working with you.

Say hello to Virgin Money
We\'re making great strides towards achieving our ambition of becoming the UK\'s best digital bank. As a full-service digital bank with a heritage stretching back over 180 years, we`re a workforce to be reckoned with. We\'re putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people\'s lives. We strive to create positive experiences for our millions of customers and our purpose, \'Making You Happier About Money\', underpins everything we do. We believe in doing banking differently, innovating and working together to make a real difference. Join us and Live a Life More Virgin that empowers you with choice and flexibility in how you work.

Be yourself at Virgin Money
Our purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities. We\'re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.

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\'ll need you to confirm you have the right to work in the UK.

If you\'re successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years\' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks - we\'ll ask for six years of regulatory references, and once in the role, you\'ll be subject to periodic employment checks.

Advertised: 13 Jul 2023 GMT Daylight Time
Applications close: 27 Jul 2023 GMT Daylight Time

Virgin Money