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Senior Fraud Analyst

3 months ago


Lindfield, New South Wales, Australia Commonwealth Bank Full time

See yourself in our team:

The Fraud Data Analytics team, part of the Chief Data and Analytics Office, maintains the fraud detection logic for the Group. Our team supports the operations of Group Fraud Management Services who are devoted to protecting the monetary assets from fraud and financial loss of CBA and Bankwest customers.

We are a community of analysts who use data to develop and enhance the Group's fraud detection systems, algorithms, and reporting engines. Our team's diverse backgrounds means we can draw on one another's experience to deliver to best work outcomes. We are committed to safe-guarding our customers from financial fraud and scams. Our analytics run on Australia's largest real-time transaction monitoring system, handling millions of transactions per day.

Do work that matters:

Key functions of Fraud Analytics include:

Maintaining the Group's fraud detection algorithms through intelligent automation.Identify emerging fraud trends and using these insights to improve fraud detectionDeveloping models on fraud behaviourReporting fraud losses across the Group's products and channels

Fraud Analytics is responsible with defining and execution of robust fraud analytics procedures for the Group

You will play a key role in:

Proactively identifying and implementing continuous improvement opportunities around system, data and process, with focus on transition to cloud-based solution.Building profiles and data assets that enables fraud trend identification, and identify insights to drive business decisionsUnderstanding gaps in existing and emerging systems, and developing strategic and tactical plans to bridge these gaps

You will report to the Senior Manager of Continuous Improvement. This team is responsible for uplifting fraud system capability, building data assets around fraud intelligence and champion initiative that enables future state of work, and leading our transition to cloud-based systems for the broader team.

We're interested in hearing from people who:

Intermediate to advanced level of programming languageAn analytical mindset with the ability to solve problems in creative waysAbility to understand fraudster behaviour and psychologyProactively raise and propose practical actions to address upcoming fraud trends with tangible outcomesAbility to collaborate effectively within the analytics community and stakeholdersA degree in a quantitative discipline such as mathematics, statistics, computing, science, engineering or actuarial studies. · Prior experience with cloud-based solutions highly regarded (Snowflake, Palantir etc.)

Where will you go?

If you live the values and demonstrate the people capabilities we can offer great opportunities. Whether you want to move across the organisation or up into a leadership role, the way you live the values and demonstrate the people capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you need for your next move.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through to submit a valid application. We're keen to support you with the next step in your career.

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Advertising End Date: 08/06/2024