Job Title: Business Analyst with Fraud experience
Location: London - Hybrid
Clearance: SC Cleared
Employment Type: 6 months rolling contract
Rate - £450-£500/Day Outside IR35
Work Setup: London - Hybrid
Job Summary:
We are seeking a proactive and detail-oriented Fraud Business Analyst to join our dynamic team. The ideal candidate will play a key role in identifying fraud risks, defining business processes, and eliciting and documenting requirements in support of fraud detection and prevention initiatives. You will work in an Agile environment and collaborate closely with stakeholders, product owners, and technical teams to deliver innovative fraud solutions.
Key Responsibilities:
* Define and document current and future-state fraud prevention processes.
* Elicit, analyze, and document clear, complete, and testable business and functional requirements related to fraud use cases.
* Collaborate with cross-functional teams including fraud operations, compliance, data science, and IT.
* Translate business needs into Jira stories and acceptance criteria.
* Work closely with Product Owners and Scrum teams in an Agile/Scrum framework.
* Assist in the development and refinement of anti-fraud strategies and controls.
* Conduct stakeholder workshops, interviews, and data analysis to identify and document requirements.
* Contribute to testing and validation of fraud detection systems and workflows.
* Ensure all solutions are compliant with regulatory and security standards.
* Support the implementation of process improvements to reduce fraud risk and enhance customer experience.
Required Skills & Experience:
* Proven experience as a Business Analyst, ideally in the fraud, financial crime, or risk domain.
* Strong knowledge of fraud detection and prevention processes and technologies.
* Demonstrable experience in defining and mapping business processes.
* Skilled in requirements elicitation techniques (interviews, workshops, user stories, use cases).
* Hands-on experience with Agile methodologies (Scrum, SAFe, etc.).
* Proficiency with Jira and Confluence for managing Agile delivery.
* Excellent stakeholder management and communication skills.
* Analytical mindset with problem-solving aptitude.
* Eligible for SC Clearance (UK Security Check) – must have resided in the UK for the past 5 years.
Desirable:
* Background in financial services, fintech, or government sector.
* Experience with fraud detection tools or systems (e.g., Actimize, SAS, or proprietary platforms).
* Familiarity with regulatory frameworks such as PSD2, AML, or GDPR.