Senior Fraud & Financial Crime Analyst (Payments)

Location: Clayton-le-Moors, England, United Kingdom; onsite at Petre Road, Clayton-le-Moors, Accrington

Company

Frasers Group Financial Services supports the Frasers Group retail ecosystem by delivering payment services and flexible ways to pay across brands including hirify.global, Sports Direct, Studio, USC, Frasers, and GAME.

What you will do

• Develop, optimise, and manage fraud and financial crime controls for the new Virtual Credit Card product.
• Monitor fraud performance across channels, identify trends and loss drivers, and support forecasting and root-cause analysis.
• Produce fraud and AML MI, dashboards, governance reporting, and regulatory and card-scheme reporting.
• Analyse AML alerts, sanctions and PEP screening, transaction risks, fraud typologies, and material fraud incidents.
• Refine fraud rules, thresholds, risk indicators, A/B tests, and machine-learning performance; support UAT and validation of new solutions.
• Partner with Product, IT, Operations, Compliance, and card schemes on VCC readiness, remediation, disputes, complaints, and control improvements.

Requirements

• Typically 3+ years of experience in fraud analytics or payments/issuing within an FCA-regulated environment.
• Strong analytical capability using SQL, Python, SAS, or similar tools.
• Strong knowledge of card payments data, including authorisation, clearing, chargebacks, CNP, CP, tokenised, and cross-border flows.
• Understanding of issuer fraud controls and scheme reporting, including SAFE, TC40, VFMP, and EFM.
• Exposure to AML transaction monitoring and familiarity with fraud decisioning platforms such as Marqeta, Featurespace, FICO, or Ravelin.
• Clear communication, strong problem-solving, attention to detail, ownership, and cross-functional collaboration skills.

Culture & Benefits

• Values include ownership, bold thinking, continuous improvement, and relevance to colleagues, partners, and the planet.
• Recognition programmes include Frasers Champion and Fearless 1200.
• Head office employees spend one to two days each financial year in a store or warehouse through Retail Reconnect.
• Free gym classes, discounted gym memberships, and access to the Frasers Fit wellbeing programme.
• Free access to Retail Trust support, including a 24-hour wellbeing helpline, counselling, and financial and legal guidance.
• Employment is subject to background checks, including criminal record, credit, and employment reference checks.

Hiring process

• Shortlisted candidates may complete an initial recruiter interview focused on behaviour, culture, and values.
• Successful candidates can expect one or two further technical interviews with the hiring manager and wider team.
• The process may include a presentation or practical task.