Fraud Analyst

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 Threat Metrix, 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.

To support the Risk Function in delivering its objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.

• 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.

• 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…