Fraud Analyst

Job Title : Fraud Analyst Location: Northamptonshire Salary: up to £45k D.O.E Start Date: Immediate We have an exciting new role for a SAS analyst to join the Fraud Strategy team to operate as Fraud Data Analyst. The role of the Fraud Analyst is to ensure that a robust fraud framework is in place and that fraud controls are optimised to maximise the performance of the Control Frameworks and associated staff to contribute directly to the proactive detection of fraud and reduction of fraud losses. They will be responsible for assisting the Fraud team on identifying fraud from large data sets, and use their expertise and problem solving skills to implement a set of strategies to mitigate against threat, deliver benefits to achieve fraud loss targets, providing appropriate project leadership and to act as a fraud SME within the business. Key Responsibilities: Assist Senior Manager in construction of short term and long term plans with associated benefits of strategies that are to be developed to reduce fraud across the portfolio. Evaluate, analyse and leverage a range of statistical and written information in order to recommend, review and implement decisions that will have a positive impact on the P&L for the portfolio. Analysis of current and historic data (e.g. authorizations, write off data) to keep our systems at the cutting edge of fraud detection. Regular evaluation of fraud strategies that are implemented from both an operational and financial benefit perspective. Suggest changes and improvements as necessary. Provide necessary support and guidance to the business for new products and services from a fraud perspective. Develop & support business cases for a variety fraud initiatives. Devise and implement industry leading prevention & detection strategies and methodology for effective fraud risk assessment and management, including systems, working practices and awareness raising. Own the relationship with Business stakeholders to ensure that fraud risks are mitigated whilst balancing fraud losses with customer experience. Provide subject matter expertise to the Business, Group FRM and Fraud Management Senior Leadership. Drive development of strategies to combat new risks and ensure the team deliver against loss forecasts / business appetite. Key point of contact to ensure Fraud Policy and Standards, Fraud Operations and Analytics team kept fully up to date with latest fraud trends Liaise with Operational areas in relation to fraud SLA's, ensuring performance targets are met and issues resolved at speed Work closely with other areas as required to ensure controls and any appropriate system enhancements are in line with changes in fraud trends Identify new opportunities for enhancing/ streamlining service and or effectiveness, formulate these into viable proposals. Manage implementation plans. Essential Skills and Qualities: Must has experience of data analytical working using SAS (preferred) or SPSS. Experience of working in Fraud related role (desirable) Good understanding of PSD2 and current regulations and legislations relating to debit and credit cards Commercial judgement and awareness Experience and exposure to TSYS. Excellent organisational skills Excellent relationship management skills Highly articulate - good communicator both written and oral Strong problem solving skills Excellent internal and external networking If you are passionate about working within the financial sector and have experience of working with SAS and want to further develop your skills, please don't hesitate to apply for this fantastic opportunity. Please visit our website www.outsource-uk.co.uk