Fraud Analyst at Barclays

City of Edinburgh, Scotland, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

18 Sep, 26

Salary

0.0

Posted On

20 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud Detection, Data Analysis, SAS, SQL, Python, Risk Management, Fraud Risk Frameworks, Quantitative Analysis, Rule Creation, Strategy Development, Financial Crime Analysis, Stakeholder Management, Control Effectiveness, Root Cause Analysis, Technical Leadership, Regulatory Compliance

Industry

Banking

Description

Job Description Purpose of the role To support the Risk Function in delivering it’s objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities. Accountabilities Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes. Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness. Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services. Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment. Analyst Expectations To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. Requires 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 They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. 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. OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate. Will have an impact on the work of related teams within the area. Partner with other functions and business areas. Takes 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. Join Barclays as a Fraud Analyst, where you will play a key role in protecting the bank and its customers by supporting the ongoing enhancement of fraud prevention capabilities. In this role, you will be responsible for managing and optimising fraud detection systems, assessing fraud risk, monitoring losses, and evaluating control effectiveness to identify opportunities for mitigation. You will leverage data-driven insights to analyse complex fraud trends, identify root causes, and develop forward-looking strategies to reduce fraud exposure and prevent future losses. This position requires strong analytical expertise, attention to detail, and the ability to translate complex data into meaningful and actionable outcomes. To be successful as a Fraud Analyst, the ideal candidate must be: Highly analytical, with a degree in a numerate discipline or equivalent practical experience demonstrating strong quantitative capability Proficient in data analysis and interrogation, with experience using tools such as SAS, SQL, Python (or the aptitude to quickly develop these skills) Ability to analyse large and complex datasets to identify trends, risks, and actionable insights to reduce fraud losses Other highly valued and desirable skills: Experience or exposure to fraud detection and prevention, with an understanding of fraud risk frameworks and controls Experience working with fraud detection platforms such as TSYS, Falcon, Arcot, or ThreatMetrix, particularly in rule creation and strategy development Previous experience in an analytical role, ideally within fraud, financial crime, or banking environments Strong understanding of fraud typologies and the ability to apply analytical thinking to evolving threats This role can be based in Edinburgh or Glasgow with 2 anchor days in the office. 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. #Tescobankretained Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

Responsibilities

The role involves managing and optimizing fraud detection systems to identify trends and mitigate financial risks. It also requires developing forward-looking strategies and monitoring losses to safeguard the bank's operational stability.