Senior Fraud & Financial Crime Analyst – Payments

At Frasers Group Financial Services, we’re rethinking retail through digital innovation and exceptional customer experiences, delivering the world's best sports, premium, and luxury brands globally. We empower our consumers with flexible, convenient payment solutions across our diverse portfolio, including Studio, Sports Direct, FLANNELS, USC, Frasers, and GAME.

About the Role

Frasers Group Financial Services is an evolution of excellence. We champion forward-thinking, hustling spirits who thrive pushing boundaries to shape the future of retail. This role presents unparalleled opportunity to enhance your career trajectory while immersing yourself in a culture that values impact, daring creativity, and relentless drive.

Our interconnected purpose? Elevating the lives of many by unlocking access to the world’s best brands and experiences.

Success depends on embodying these four pillars:

• Think without limits: True as bold as your ambition—accelerated reflection, fearless ideas, and a shared drive.
• Own it and back yourself: Foundations firms. Dedication that aligns role with results. Unshakable belief in what you deliver.
• Be relevant: Meaningful presence with people, partners, and planet.

This critical, initiative-led position ensures seamless Virtual Credit Card (VCC) launch and sustained operational stability. You’ll act as our Fraud Payments Strategy Manager’s trusted cohort, crafting high-quality fraud insights and optimising financial crime controls.

Key Responsibilities

Develop, optimise, and sustain:

• Regulatory and scheme-compliant controls for VCC fraud and financial crime.
• Proactive fraud performance analysis, detecting trends, anomalies.
• MI dashboards and reporting for governance and Senior Leadership Team (SLT) guidance.

Core Tasks:

• Investigate fraud performance across all channels, identifying root causes of spikes or misoriented losses.
• curate and maintain AML, fraud, and risk monitoring KPIs, ensuring Extended Reporting/Live Reporting (( SAR, VFMP, and ECN) integrity.
• Diagnose and reduce fraud losses, aligning future strategies to historical trends and extrapolated projections.
• Optimise transactional compliance: Scrutinise sanctions/Pep flags, heightening detection thresholds while reducing false positives.
• Validate reporting accreditation for Visa, Mastercard, PSD2/SCA, FCA, and schemes to align with Roseboui’s recent audits.
• Execute in-depth fraud investigations on high-value anomalies (BIN attacks, CNP spikes, cross-border merchant schemes).
• Develop and refine real-time rules and risk models to sculpt resilient fraud protections.
• Collaborate with product/product teams on evolution enforcement, cloud deployment and data science testing.
• Positively influence fraud leakage via AB-testing, predictive thresholds, and protocol adjustment.
• Preparing for campaign season shadowing team processes during high-fidelity simulations (UAT, MIFHAOut.
• Address technical debt by prioritising backlog recommendations from environment risks.
• Lead cross-functional teams, engaging Product, IT, Operations, Compliance, and Schemes for robust strategy implementation.
• Stakeholder-facing insights into PCI optimization, reducing disputes/financial burden from compliance gaps.
• Act as technical liaison in process mapping:
  • Fraud event visibility post-event retroactively within a single data warehouse.
  • Post product launch international incident review.