R&D Research Analyst

Barclays UK; Knutsford; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking an R&D Research Analyst to enhance its digital landscape and combat cyber fraud. This role offers the opportunity to work within a dynamic Cyber Fraud Fusion Center, focusing on innovative strategies to detect and prevent economic crime. You will engage with cutting-edge technologies and collaborate with teams to optimize fraud detection tools. If you are passionate about cybersecurity and data analysis, and want to make a significant impact in a forward-thinking environment, this is the perfect opportunity for you.

Benefits

Health Insurance

Flexible Working Hours

Professional Development Opportunities

Employee Discounts

Pension Scheme

Qualifications

• Experience in creating and managing fraud detection models.
• Ability to analyze large datasets for cybercrime analysis.

Responsibilities

• Manage security monitoring systems to detect and block cyber threats.
• Identify emerging cyber security threats and techniques.

Skills

Fraud Detection

Data Analysis

Cybersecurity Knowledge

AWS

Python

SQL

Risk Management

Education

Bachelor's Degree in Computer Science or related field

Relevant Certifications (e.g., CISSP, CISM)

Tools

AWS

SAS

Tableau

Power BI

Postgres

Teradata

Job description

Join us at Barclays as an R&D Research Analyst, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. In this role, you will be an integral part of our Cyber Fraud Fusion Center, delivering scalable CFFC services to disrupt and prevent upstream economic crime.

To be successful as an R&D Research Analyst, you will need the following:

1. Create & manage fraud rules, models, and other controls to optimize fraud strategies and policies for fraud detection. Knowledge of rule creation for Mules, Account Takeover, Scams within market leading fraud tools is preferred.
2. Engage and interact with vendors/internal fraud technology teams to assess and manage new/existing fraud detection tools.
3. Ability to enrich, transform and analyse large structured and unstructured datasets including but not limited to internal and external intelligence, fraud, and business data in support of cybercrime root cause analysis.
4. Knowledge of malicious attack vectors used by cyber fraud adversaries to target the financial sector including but not limited to Device Spoofing, Location Manipulation, Identity Fraud, Account Takeover and False documentation
5. Hands on practical experience using : AWS, Python, Relational databases (Postgres, MS SQL, Oracle, Mysql, etc.), SAS PROC SQL, Hue Database Assistant, Teradata and non-rational Hadoop.

Some other highly valued skills may include:

1. Knowledge of Enterprise security frameworks such as NIST Cybersecurity Framework and Cyber-attack phases (e.g. Cyber Kill Chain and/or Mitre Att&ck Framework).
2. Previous advanced experience using analytical tools and platforms such as SQL/SAS/Hue/Hive Basic, Quantexa, Elastic Search, SAS and MI tools like Tableau and Power BI
3. Advanced knowledge of malicious attack vectors used by cyber fraud adversaries
4. Escalate identified risks which may result in unacceptable fraud controls and losses, utilizing data visualization.
5. Partner closely with governance and control teams to ensure proper documentation, risk ratings and controls in place for all rule and model executions.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

The successful candidate will be based in Knutsford or Northampton

Purpose of the role

To monitor the performance of operational controls, implement and manage security controls and consider lessons learnt in order to protect the bank from potential cyber-attacks and respond to threats.

Accountabilities

1. Management of security monitoring systems, including intrusive prevention and detection systems, to alert, detect and block potential cyber security incidents, and provide a prompt response to restore normal operations with minimised system damage.
2. Identification of emerging cyber security threats, attack techniques and technologies to detect/prevent incidents, and collaborate with networks and conferences to gain industry knowledge and expertise.
3. Management and analysis of security information and event management systems to collect, correlate and analyse security logs, events and alerts/potential threats.
4. Triage of data loss prevention alerts to identify and prevent sensitive data for being exfiltrated from the banks network.
5. Management of cyber security incidents including remediation & driving to closure.

Analyst Expectations

1. To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
2. Requires in-depth technical knowledge and experience in their assigned area of expertise
3. Thorough understanding of the underlying principles and concepts within the area of expertise
4. They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
5. 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.
6. OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
7. Will have an impact on the work of related teams within the area.
8. Partner with other functions and business areas.
9. Takes responsibility for end results of a team’s operational processing and activities.
10. Escalate breaches of policies / procedure appropriately.
11. Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
12. Advise and influence decision making within own area of expertise.
13. 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.
14. 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.
15. Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
16. Make evaluative judgements based on the analysis of factual information, paying attention to detail.
17. Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
18. Guide and persuade team members and communicate complex / sensitive information.
19. 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.