Fraud Systems Analyst

Join Barclays as a Fraud Systems Analyst, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. In this role, you will be a key member of our Cyber Fraud Fusion Centre (CFFC), delivering scalable services to disrupt and prevent upstream economic crime. You will play a vital role in developing and implementing operational controls to safeguard customers from cyber-enabled fraud. As an analyst, you will support the execution of these controls, ensuring proactive fraud prevention while maintaining a positive customer experience.

To be successful as a Fraud Systems Analyst, you will need the following:

• Experience working with an industry leading digital identity, device, and behavioural profiling technologies.​
• Create & manage fraud rules, models, and other controls to optimize fraud strategies and policies for pre-payment fraud detection. Knowledge of rule creation withing ThreatMetrix, BioCatch, FeatureSpace, Falcon is preferred.​
• 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.​
• Knowledge of malicious attack vectors used by cyber fraud adversaries to target the financial sector including but not limited to device and behavioural profiling, location manipulation, identity fraud and account takeover.​​

Some other highly valued skills may include:

• Escalate identified risks which may result in unacceptable fraud controls and losses, utilising data visualisation.​
• Experience working with an industry leading digital identity, device, and behavioural profiling technology.​
• Partner closely with governance and control teams to ensure proper documentation, risk ratings and controls in place for all rule and model executions.​
• Perform data analysis to identify areas of potential fraud risk and/or potential opportunity to improve fraud policies, strategies, controls and customer experience through SAS/SQL/Big data programming and statistical computing.​

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 can be based in either Northampton or Knutsford.

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

• 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.
• 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.
• Management and analysis of security information and event management systems to collect, correlate and analyse security logs, events and alerts/potential threats.
• Triage of data loss prevention alerts to identify and prevent sensitive data for being exfiltrated from the banks network.
• Management of cyber security incidents including remediation & driving to closure.

Analyst Expectations

• Perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• 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.
• Develop technical expertise in work area, acting as an advisor where appropriate.
• Partner with other functions and business areas.
• Take 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 work and 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.