Data Scientist - Fraud

LexisNexis Risk Solutions

Greater London

On-site

GBP 50,000 - 80,000

Full time

14 days+

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Job summary

A leading company in risk solutions is seeking a Data Scientist to leverage data analysis and machine learning to combat fraud. You will work with vast datasets to create models that enhance customer experience and profitability. Collaborating with various teams, you'll drive innovation and protect revenue against fraud. This role demands strong skills in SQL and Python, and offers the chance to make a significant impact in a fast-paced environment.

Qualifications

  • Experience in a data science role, ideally in fraud or risk.
  • Hands-on experience in machine learning model development.

Responsibilities

  • Develop and implement machine learning models for fraud detection.
  • Create internal tools to streamline model training and analytics.

Skills

Data Analysis
Statistical Modelling
Machine Learning
SQL
Python
Problem Solving

Education

Degree in Data Science

Tools

SuperSet
Tableau
PowerBI

Job description

Direct message the job poster from LexisNexis Risk Solutions

About the business: LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher revenue growth, maximize operational efficiencies, and improve customer experience. Our solutions help our customers solve difficult problems in the areas of Anti-Money Laundering/Counter Terrorist Financing, Identity Authentication & Verification, Fraud and Credit Risk mitigation and Customer Data Management. You can learn more about LexisNexis Risk at the link below, https://risk.lexisnexis.com

About the team: You will be part of a team who use global data from the largest real-time fraud detection platform to craft solutions for our enterprise customers.

About the role: Your experience with data analysis, statistical modelling, and machine learning will lead to immediate real-world impact in the form of lower customer friction, reduced fraud losses and as a result, increased customer profitability. You’ll leverage a real-time platform analysing billions of transactions per month for some of the largest companies operating in Financial Services, Insurance, e-Commerce, and On-Demand Services. These tools will allow you to attain a unique perspective of the Internet, and every persona connected to it. On top of driving innovation projects, you’ll be continually collaborating with internal product and engineering teams, customer-facing account teams, and external business leaders and risk managers. The comprehensive models you build will go head-to-head against some of the most motivated attackers in the world to protect billions in revenue.

Responsibilities:

  • Scoping, developing, and implementing machine learning or rule-based models following best practice, to banking model governance standards
  • Using your strong knowledge of SQL and Python plus quantitative skills to define features that capture evolving fraudster behaviours
  • Develop internal tools to streamline the model training pipeline and analytics workflows
  • Applying your curiosity and problem-solving skills to transform uncertainty into value-add opportunities
  • Using your strong attention to detail and ability to craft a story through data, delivering industry-leading presentations for external and executive audiences
  • Building an extensive knowledge of cybercrime – account takeover, scams, social engineering, Card Not Present (CNP) fraud, money laundering and mule fraud etc
  • Employing your multi-tasking and prioritisation skills to excel in a fast-paced environment with frequently changing priorities

Requirements:

  • Experience in a data science role, ideally within the fraud, risk, or payments domain
  • Proficiency in Python and SQL (BI tools such as SuperSet, Tableau or PowerBI is a bonus)
  • Hands-on experience in machine learning model development, evaluation, and production deployment, with familiarity in MLOps principles to build scalable and standardised workflows and implement effective ML monitoring systems
  • Proven ability to create polished presentations and effectively communicate insights to customers with attention to detail
  • Have extensive multi-tasking and prioritisation skills. Needs to excel in fast paced environment with frequently changing priorities

Learn more about the LexisNexis Risk team and how we work here

Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Science, Analyst, and Information Technology
  • Industries
    IT System Custom Software Development

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