Senior Application Fraud Analyst

TieTalent; London; Hybrid; GBP 39,000 - 59,000; Full time

Job summary

Join a leading team focused on application fraud prevention at Virgin Money as a Senior Fraud Analyst. You will drive strategies and support analysis to protect customers, while enjoying generous benefits and a flexible working environment. Be part of a mutual bank aiming to make a societal difference.

Benefits

38.5 days annual leave

Up to five extra paid well-being days

20 weeks paid family leave

Market-leading pension

Free private medical cover

Flexible benefits options

Qualifications

• Experience with SAS / SQL or equivalent analytical tools.
• Knowledge of fraud systems like Hunter and CIFAS.
• Proven ability to manage workload in a fast-paced environment.

Responsibilities

• Drive application fraud strategy and provide SME input.
• Optimize performance of fraud detection systems.
• Produce accurate fraud management information (MI).

Skills

SAS

SQL

Analytical Tools

Fraud Risk Knowledge

Tools

Fraud Detection Systems

Job description

2 days ago Be among the first 25 applicants

About

Business Unit: COO, Fraud Analytics

Salary range: £39,200 - £58,800 per annum DOE+ benefits

Location: UK Hybrid - London, Gosforth, Glasgow, Leeds

Contract type: Permanent

Our Team

You will be joining the Application Fraud Analytics team, who are responsible for the application fraud strategies across all products. What this means in layman’s terms is that the team are responsible for preventing anyone who has had their identity stolen from becoming a victim of fraud at Virgin Money, protecting both customers, non-customers and the bank itself. Do you want to make a difference too?

What You’ll Be Doing

• Driving application fraud strategy for a specific area of the business, being a point of contact for stakeholders and providing SME input.
• Optimisation and monitoring performance of fraud detection and prevention systems and associated models.
• Configuring fraud systems to manage fraud risk within appetite and budget.
• 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 providing updates in monthly forums
• Supporting development of other application fraud analysts in analytics and MI
• Supporting, leading, and providing SME insights for business wide change
• Identifying ongoing improvements to tools and systems and supporting and driving the delivery of change for the application fraud team
• Support external engagement with third party suppliers, industry bodies and law enforcement as required
  
  

We need you to have

• Practical, extensive experience of using SAS / SQL or equivalent analytical tools to develop data driven solutions.
• Knowledge and use of industry standard fraud systems and data sources (Hunter, CIFAS, Detect, TruValidate, Mitek).
• Track record of completing analytics and tuning fraud defence systems to manage fraud loss within budget and appetite.
• Knowledge of fraud risks, threats, and landscape.
• Proven ability to manage workload in a fast-paced environment with potentially multiple conflicting needs.
• Practical experience producing and creating accurate MI
  
  

It’s a bonus if you have but not essential

• Experience driving change for Fraud projects from identification of problem to delivery of solution.
  
  

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more.
• Up to five extra paid well-being days per year .
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
• Market-leading pension.
• Free private medical cover, income protection and life assurance.
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness.
  
  

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

If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible.

Say hello to Virgin Money

Virgin Money is so much more than just a bank. As part of theNationwide group,together we're the UK's first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.

Be yourself at Virgin Money

At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society.We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.

As a Disability Confident Leader, we're committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team [e-mail]

Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role, while still ensuring fair and equitable consideration for all applicants.

Now the legal bit

Although some of our roles allow you to be based anywhere in the UK, 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.

Nice-to-have skills

• SAS
• SQL
• London, England
  
  

Work experience

• Data Analyst
• Business Analyst
  
  

Languages

• English

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Part-time

Job function

• Job function

  Finance and Sales

• Industries

  Technology, Information and Internet

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