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RBS

Data Scientist, Economic Crime Hub

City of Edinburgh
Posted about 21 hours ago
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Join us as a Data Scientist, Economic Crime Hub

You’ll design and implement data science tools and methods which harness our data that use our data to prevent fraud and scams, reduce customer harm and financial losses, and improve the accuracy and efficiency of fraud decisioning. We’ll look to you to actively participate in the Fraud, Engineering and Data community to identify and deliver opportunities to support the bank’s strategic direction through better use of data. This is an opportunity to promote data literacy education with business stakeholders supporting them to foster a data driven culture and to make a real impact with your work.

What you'll do

As a Data Scientist, you’ll combine statistical analysis, machine learning, generative AI and software engineering to develop practical, responsible solutions to fraud and scam challenges. You’ll work with fraud stakeholders and customer teams to understand their needs, form clear hypotheses and identify data-led solutions that improve fraud detection, reduce false positives, support timely intervention and deliver measurable fraud prevention and operational.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

You’ll also be:

  • Working with fraud stakeholders to translate fraud and scam challenges into clear analytical questions and measurable outcomes
  • Applying a software engineering and product development practices to build reusable pipelines, test changes, and deploy scalable solutions in an Agile environment
  • Selecting, building, training and testing machine learning models, fraud strategies and AI applications, balancing fraud detection and business value with customer impact, operational capacity, model risk and ethical considerations
  • Monitoring internal and third-party fraud models for performance, data quality, drift and business effectiveness, recommending corrective action where needed
  • Investigating emerging fraud patterns, unusual alerts and missed fraud events, turning findings into practical improvements and maintaining clear evidence for governance, audit and regulatory review

The skills you'll need

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You’ll need a strong academic background in a STEM discipline such as Mathematics, Physics, Engineering or Computer Science. You’ll have experience with statistical modelling and machine learning techniques applied to fraud or other complex risk problems involving rare events.

You’ll also demonstrate:

  • The ability to use data to solve business problems from hypotheses through to resolution
  • Experience using programming language and software engineering fundamentals
  • Experience of Cloud applications and options
  • Experience in synthesising, translating and visualising data and insights for key stakeholders
  • Experience in model monitoring, model-risk governance and documenting analytical decisions for review and challenge is desirable.
  • Knowledge of how Large Language Models and agentic AI can support fraud and scam analysis, and the controls required to manage the risks of using those applications, is also desirable.

Hours

35

Job Posting Closing Date

12/10/2026

Ways of Working

Remote First

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Location

London, England, United Kingdom

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