Job Details Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bankJob PurposeResponsible for dynamic fraud rules algorithms, quality assurance and governance underpinning new analytics developmentProvide 24/7 fraud rule monitoring support to effectively prevent and detect flash fraudDrive innovation in fraud risk prediction, prevention, detection models using predictive analytics and machine learning modelsKey Responsibilities/AccountabilitiesMinimise the overall fraud risk impact on the organisation, through proactive insights and analytics underpinned by best in class capability to optimize the fraud risk and customer experience trade-off and ensure trust from stakeholders:Maximise business value creation and deliver exceptional customer experience whilst minimising external fraud risk and related losses through robust configuration of fraud rules, algorithms, decision trees. This includes enabling Predictive Fraud Modelling, Machine Learning and Analytics capability, group-wide.Execution and oversight of all the 24/7 Fraud Rules, Predictive Fraud Modelling and Analytics capability group-wide, and overarching key performance indicators.Execution and alignment of the Fraud Rules Governance, Modelling and Analytics Portfolio within the rules management function to achieve the group objectives of becoming a universal bank focusing on customer centricity and economic profit (optimise risk/reward trade-off).Develop and manage a balance of real time and batch fraud rules and predictive models to minimise the impact of financial crime to the bank, its customers and shareholders.
Responsibilities + Skills
Manage the fraud model performance , QA , validation and ROI on the relevant fraud management platformsHands-on in analysing and understanding large amounts of historical data to determine the most suitable fraud modelling techniques and leading model development and enhancement efforts.
Inculcating and supporting a Strategic Analytics CultureResponsible for Systems and Model management and underpinning Data Analytics and Fraud rules management support.