Debit Card Fraud Strategy

Barclays UK; Northampton; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading banking institution is looking for an Analyst in their Debit Card Fraud Strategy team. The role involves recommending controls to mitigate fraud, analyzing data, and communicating with stakeholders. Ideal candidates should possess strong analytical skills and experience with fraud strategies. This position is based in Northampton and is integral to the Risk Function's objectives.

Qualifications

• Experience in analytical roles or with an analytical qualification.
• Ability to articulate issues and recommendations.
• Familiarity with fraud strategies and current trends.

Responsibilities

• Support the Risk Function in identifying and monitoring risks.
• Develop strategic direction for risk management.
• Manage relationships with risk stakeholders.

Skills

Analytical proficiency

Excellent communication skills

Ability to handle large data

Tools

SAS

Job description

JoinusasDebit Card Fraud Strategy atBarclays,whereyouwillberesponsibleinrecommendingandbuildingcontrolstoensurethefraudstrategyisworkingasdesignedwithinourcardproducts.Youwillanalysefrauddataandcompleterootcauseanalysisonfraudcasestosupportyourcontrolrecommendationsandwillcommunicatekeyupdatestoavarietyofstakeholdersthroughregularriskandcontrolforums.

TobesuccessfulinDebitCardFraudStrategy,youshouldhaveexperiencewith

• Analyticalproficiencywithexperienceinpreviousanalyticalrolesorwithanumerate/analyticalqualification
• Abilitytoabsorblargequantitiesofdataandinformationwhetherit’sadetailedcaseorastrategicchange,thekeyinformationneedstobeidentified,understoodandassessed;
• Excellentcommunicationskills,bothwrittenandverbal,inordertoarticulateissuesandrecommendationstoavariedstakeholderaudience

Someotherhighlyvaluedskillsmayinclude

• AnalyticalanddatadrivenwithSASexperienceinordertoutilisetheBarclaysDataWarehousetoproducemeaningfulMIandnarrativeonfraudtrendsandlosses
• ExperienceinthedevelopmentandexecutionofFraudStrategies,includingknowledgeofcurrenttrendsimpactingcardfraud
• Abilitytochallengeassumptionsandlongheldbeliefsandbias,tosupportthebusinessinthelaunchofcuttingedgetechnologytopreventanddetectfraud
• Understandimpactofpolicychangesonlargecustomerbaseinordertoassessthelevelofcomplexityforcompany,colleaguesandcustomers;
• Goodnegotiationanddiplomacyskillsarerequired,toarticulatetostakeholdersthefraudlossdriversimpactinglossesandhowchange–localorstrategic–willbenefitthecustomer,colleagueandcompany

Youmaybeassessedonthekeycriticalskillsrelevantforsuccessinrole,suchasriskandcontrols,changeandtransformation,businessacumenstrategicthinkinganddigitalandtechnology,aswellasjob-specifictechnicalskills

ThisrolewillbebasedoutofNorthamptonorCanarywharf.

Purpose of the role

To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

Accountabilities

• Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your workand areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.