Wednesday , September 27 2023

Jobs in Barclays 2020 – Contactless Card Fraud Strategy Analyst

Website Barclays

Job Description:

The role will have a primary focus on managing contactless card use. This person will be responsible for fully understanding the functionality of contactless cards, all its associated data elements and the risks associated with each. This person will be responsible for building reporting to monitor activity and risk. They will also make strategy recommendations to the analytics team, strategy management and Fraud operations. Though the role will focus on contactless cards, this role will also be involved in the same management of all the transaction fraud types.

Job Responsibilities:

  • Provide support, including analysis, to various Strategic Fraud initiatives outlined by the business as and when necessary
  • Create and monitor Fraud system functionality reports and alerts. Establish a remediation process for issues.
  • Support partnership requests for deep dive analysis into individual portfolios for strategy optimization
  • Understand all contactless data elements and ensure all controls around these data elements are optimized for fraud prevention and customer experience.
  • Perform analysis of current and historic data (e.g. authorizations, write off data) to keep Fraud systems and processes at the cutting edge of fraud detection
  • Conduct defect reviews of high fraud losses cases to identify any gaps in Fraud strategy, case management, or make workflow adjustments
  • Identification of data driven fraud trends and development of broad strategies to address the trend

Qualification & Experience:

  • Bachelor’s degree in a quantitative discipline like Statistics, Mathematics, Operations Research etc.
  • 2+ years of experience with strong analytical skills, technical skills in SAS/SQL with proven ability to process vast amounts of data into meaningful information.
  • 2+ years of experience working with EMV or contactless data elements.
  • 2+ years of bank fraud experience
  • 5+ years of bank fraud experience
  • Experience in Card fraud detection strongly preferred, but not required.
  • Knowledge on Data Science (Hadoop/Big Data/Machine Learning) is preferred, but not a strict requirement
  • Ability to work with multiple stakeholders

Job Details:

Company: Barclays

Vacancy Type:  Full Time

Job Location: Hagerstown, MD, US

Application Deadline: N/A

Apply Here