Friday , April 19 2024

HSBC Jobs UK – Fraud Decisioning & Insights

Website HSBC

Job Description:

Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world’s largest global wealth managers with USD1.4 trillion in assets. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers’ needs.

Job Responsibilities:

  • Work closely with the operational teams to ensure that any fraud alerts generated have an appropriate treatment strategy dependent upon the risk identified;
  • Interpret and manipulate large data sets to extract trends and identify issues and risk;
  • Undertake detailed root cause analysis to identify control and/or process/procedure failings that are driving fraud attacks, escalating to the
  • process/control owner and the Fraud Control Design team to ensure that any required changes can be developed and implemented;
  • Provide regular feedback to the Fraud Operations teams where alerts have been released incorrectly leading to a successful fraud.
  • Perform in-depth analysis of fraud patterns then develop and implement enhanced strategies within our fraud detection systems across one of the three core fraud typologies i.e. Card, Payments or Lending/First Party fraud;
  • Assist with the management of flash fraud attacks;
  • Ongoing monitoring of the fraud detection systems to ensure that they are performing optimally and in line with appetite;

Job Requirements:

  • Knowledge of using, calibrating and optimising fraud detection tools
  • Detailed knowledge of payment and/or account opening processes is critical;
  • Relevant work experience in Data Science, Statistics, Mathematics or any other quantitative discipline would be an advantage;
  • Proven ability of working within an existing Fraud Management, Fraud Operations or Fraud Analytics function;

Qualification & Experience:

  • Relevant work experience in undertaking detailed root cause analysis into loss events.
  • Experience of working with Fraud Detection systems such as, SAS EFM, Falcon, Biocatch, Hunter and Threatmetrix

Job Details:

Company: HSBC

Vacancy Type:  Full Time

Job Location: Leeds, England, UK

Application Deadline: N/A

Apply Here