Specialist - Financial Crime Analytics

JOB PURPOSE

To perform financial crime analytics, measure, monitor and report on performance metrics and thresholds, source and maintain accurate fraud/AML data in order to support tactical and strategic decisions to mitigate and prevent the risk of fraud

ACCOUNTABILITIES

Fraud and AML Technology and Systems

• Liaise with key internal and external stakeholders to identify technology and system requirements and sources of data, extract, map and clean data to ensure that all aspects of data validation, mapping and integration are performed correctly
• Identify and internally source all relevant fraud/AML data to be added to the data warehouse and ensure data captured is maintained to ensure accuracy of data warehouse and analytics performed

Financial Crime Analytics

• Analyse fraud/AML data to determine trends, create new rules, conduct rule performance checks and investigate in order to provide accurate information and intelligence into fraud strategy decision making
• Use analytics to propose to changes to existing or the introduction of new scoring models to support the improvement fraud and AML detection rates

Financial Crime Measurement, Monitoring and Reporting

• Monitor enterprise performance measurement metrics and thresholds and escalate issues to ensure corrective action can be taken when the risk profile exceeds the agreed appetite
• Produce internal reports for Department Head on performance of alerts and TATs and check accuracy to ensure an accurate picture of performance is provided

Minimum Experience

• At least 3 years of experience in an analytical job within banking/financial services including working with very large complex datasets and analysis, building and optimising data bases, data sourcing, mapping and cleansing

Minimum Qualifications

• Bachelor’s Degree

Knowledge and Skills

• Programming languages (Such as SAS, SQL), modelling/profiling techniques, databases and reporting
• Microsoft Office (Word; Advanced Excel and PowerPoint)
• Analytical skills
• Knowledge of banking payment processes, transactional processes, fraud risks and mitigation strategies
• Experience in writing management reports and dashboards
• Ability to write fraud detection system rules and creating multi product fraud management strategies
• Knowledge of fraud risk management tools