Fraud Data Scientist

2 weeks ago

Johannesburg, South Africa Adzuna ZA B C2 Full time
Job Description:
A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in national fraud prevention.

Here's a breakdown of what you'll be doing:
  • Analyze vast datasets to identify emerging fraud trends and vulnerabilities.
  • Develop and maintain fraud detection models that are both accurate and minimize disruptions to legitimate transactions.
  • Continuously improve existing systems and processes to stay ahead of evolving fraud tactics.

This role is perfect for someone who thrives on challenges and is passionate about safeguarding financial systems.

Responsibilities:
  • Align & Communicate Effectively: Ensure project deliverables directly support departmental strategy. Clearly document your work, ensuring everyone understands the goals and progress is regularly reviewed.
  • Fraud & Analytics Expertise: Provide deep knowledge and guidance for future data-driven projects focused on fraud and analytics.
  • Optimizing Detection Models: Continuously review, analyze, and improve core models used to detect fraud in the organization's payment systems.
  • Client Risk Management: Balance client's needs for accurate fraud detection with minimizing disruptions to legitimate transactions. This involves adjusting models and thresholds based on factors like desired alert volume and acceptable false positive rates.
  • Troubleshooting & Performance Monitoring: Investigate unusual system outputs and troubleshoot any issues that may arise. Regularly monitor system performance using various metrics, both industry-wide and for individual clients.
  • Data Management & Quality: Manage data quality issues related to fraud detection. Integrate new data sources when needed to improve model effectiveness. Assist data engineering efforts to ensure the acquisition of high-quality fraud data. Evaluate data cleaning processes to minimize errors before analysis.
  • Bridge the Gap: Clearly communicate technical concepts to non-technical audiences.
  • Actionable Insights: Contribute to departmental publications that translate data analysis into clear and actionable insights, following established best practices in data science.

Education:
  • Bachelor in Science degree (Applied Mathematics, Financial Mathematics, Statistics or Actuarial)
  • Masters degree preferred

Job Experience & Skills Required:
  • Minimum 4 years of experience in a relevant field, such as financial data analysis.
  • Strong analytical skills with experience in big data processing and manipulation.
  • Proficiency in scripting and programming languages commonly used for data analysis.
  • Experience applying statistical modelling techniques to solve complex problems.
  • Familiarity with the financial industry and its data structures is a plus.
  • Prior experience developing or working with fraud detection models is highly desirable.
  • Experience in data wrangling to prepare data for analysis is essential.
  • Strong competency in Microsoft Office Suite and SQL is required.
  • Experience with machine learning techniques, Oracle database systems, NetReveal fraud detection platform, RStudio, and Python is a significant advantage.

Apply nowÂ
Â

  • Fraud Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Description:A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in...

  • Fraud Data Scientist

    2 weeks ago

    Johannesburg, South Africa Network Recruitment Full time

    Job Description: A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player...

  • Fraud Data Scientist

    1 week ago

    Johannesburg, South Africa Network Recruitment Full time

    Job Description:A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in...

  • Senior Fraud Data Scientist

    4 weeks ago

    Johannesburg, South Africa BankservAfrica Full time

    This details all the information about the job posting. - Share this job as a link in your status update to LinkedIn. **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give...

  • Senior Fraud Data Scientist

    3 weeks ago

    Johannesburg, South Africa BankservAfrica Full time

    **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give more and include more.**: - Job Title- Senior Fraud Data Scientist- Location- Selby - Johannesburg, GP 2001 ZA...

  • Data Scientist

    2 months ago

    Johannesburg, South Africa Network Recruitment Full time

    As a Data Scientist with us, you'll play a pivotal role in leveraging advanced analytics and machine learning techniques to extract actionable insights from vast amounts of data. Your responsibilities will include: Collaborating with cross-functional teams to identify business challenges and develop data-driven solutions.Designing and implementing predictive...

  • Data Scientist

    2 months ago

    Johannesburg, South Africa Network Recruitment Full time

    As a Data Scientist with us, you'll play a pivotal role in leveraging advanced analytics and machine learning techniques to extract actionable insights from vast amounts of data. Your responsibilities will include: Collaborating with cross-functional teams to identify business challenges and develop data-driven solutions.Designing and implementing predictive...

  • Senior Fraud Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa BankservAfrica Full time

    This details all the information about the job posting. Share this job as a link in your status update to LinkedIn.Do you see a future that includes more?More exposure to innovative technologies, more personal growth, more experience?Look at the position we have available and see how, together we can shape your future, so that you can give more and include...

  • Senior Fraud Data Scientist

    3 weeks ago

    Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

    **Job Description**: BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. PURPOSE You will engage with the following...

  • Senior Fraud Data Scientist

    3 weeks ago

    Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

    **Job Description**: BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. PURPOSE You will engage with the following...

  • Senior Fraud Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa South African Bankers Services Company Pty Ltd Full time

    Job Description:BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.PURPOSEYou will engage with the following stakeholders:Fraud Team...

  • Senior Fraud Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa South African Bankers Services Company Pty Ltd Full time

    Job Description:BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.PURPOSEYou will engage with the following stakeholders:Fraud Team...

  • Data Scientist

    3 weeks ago

    Johannesburg, South Africa BASHR Consulting Full time

    **Job Details**: **Department** **other** **Minimum experience** **Mid-Senior** **Company primary industry** **Information Technology and Services** **Job functional area** **Information Technology** **Salary** **R650 000 - R850 000 per annum** Job Specification: Data Scientist Position: Data Scientist Job Summary: As a Data Scientist, you will be...

  • Data Scientist

    1 week ago

    Johannesburg, South Africa NTT DATA Full time

    Job Description Make an impact with NTT DATAJoin a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.Your day at NTT...

  • Data Scientist

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello Future Data Scientist II Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the...

  • Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa e-Merge IT Recruitment Full time

    This leading financial institution is notorious for being the market leader in the Data Science space and is extremely active in adopting machine learning and AI to combat its business challenges.As they continue to innovate in the Data Science space, they are now in need of a new Data Scientist to aid them in their goal to create world-class data solutions...

  • Data Scientist

    2 months ago

    Johannesburg, South Africa Buzzing Careers Full time

    Our client, a large advisory firm, is looking for a Data Scientist to join their team. These are the details of the role: **Location**:Johannesburg (JHB) **Reporting To**: Senior Data Scientist and Department Head **Overview**: We are seeking a talented and experienced Data Scientist to join our client's team. As a Data Scientist, you will be responsible...

  • Data Scientist

    3 months ago

    Johannesburg, South Africa RPO Recruitment Full time

    We are looking for a Data Scientist to analyze large amounts of raw information to find patterns that will help improve our company. We will rely on you to build data products to extract valuable business insights. In this role, you should be highly analytical with a knack for analysis, math and statistics. Critical thinking and problem-solving skills are...

  • Data Scientist

    2 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello Data Scientist Welcome to FNB, the home of the #changeables. We design for the shapeshifters and the game changers. As part of our talent team at FNB Connect, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential...

  • Analyst, Fraud Rules Management Analytics

    2 weeks ago

    Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Job Overview Business Segment:Location: ZA, GP, Johannesburg, Baker Street 30 Responsible for dynamic fraud rules algorithms, quality assurance and governance underpinning new analytics development. Provide 24/7 fraud rule monitoring support to effectively prevent and detect flash fraud.Drive innovation in fraud risk prediction, prevention, detection models...