Senior Analyst, Financial Crime Models Management (Fraud Monitoring)

Employment Type: Full-Time Location Type: Hybrid Salary:

Position Overview

ClearBank is seeking a Senior Analyst specializing in fraud monitoring to join the Financial Crime Models Management team. This role is crucial for ensuring the effectiveness and robustness of our automated Transaction Monitoring and Payment Screening tools. You will play a key part in challenging the market and innovating within the financial services sector, focusing on making banking infrastructure faster, safer, more reliable, and accessible.

Responsibilities

• Design, develop, and tune rules and machine learning models targeting fraudulent transactions.
• Analyze fraud patterns, reviewing transaction data to identify emerging trends and patterns.
• Conduct root cause analysis for fraud incidents, recommending improvements with attention to detail and curiosity.
• Develop rule health dashboards to proactively identify issues and gain insights into account behaviors.
• Collaborate closely with data scientists, engineers, and compliance teams to optimize rules and enhance their efficiency and effectiveness.
• Work with colleagues in the 1st and 2nd Lines of Defence, as well as external vendors, to ensure anti-Financial Crime systems are effective and calibrated.
• Track the effectiveness of fraud rules.
• Understand and address the impact of data quality issues in FinCrime processes and identify opportunities for improvement.

Requirements

• Passion for tackling fraud with an inquisitive, methodical, and logical mindset.
• Familiarity with fraud risks across various banking products.
• Experience in working with vendors to deliver essential components of an organization.
• Understanding of fraud typologies and monitoring approaches.
• Familiarity with payment product fraud risk profiles and their detection methods, including funds transfers, cards, mobile apps, and other transaction mechanisms.
• Ability to explain expert advice, monitoring approaches, and findings to non-specialist stakeholders.

Beneficial Skills (Not Essential):

• Understanding of Machine Learning concepts, model training, and tuning.
• Experience with Anti-Money Laundering (AML), Terrorist Financing, or Sanctions Screening processes.

Company Information

Trust is the foundation of ClearBank's operations. We believe in fostering an environment where individuals feel safe to be brave, challenge norms, learn from failures, and execute innovative solutions. At ClearBank, we are trusted to own our responsibilities, solve issues proactively, and exercise sound judgment. We are a fast-growing business that is challenging the market and doing things differently.

Application Instructions

Please refer to the original job posting for specific application instructions.