Fraud Data Scientist – Fight Fraud and Shape the Future of Payment Security

Job Listing: Fraud Data Scientist – Fight Fraud and Shape the Future of Payment Security

Recruiter: Network Recruitment
Job Reference: NFP014981/Crush
Date Posted: Friday, September 27, 2024
Location: Johannesburg, South Africa

Are you passionate about data, problem-solving, and fraud prevention? Do you want to be part of a team that protects customers and businesses from fraud while ensuring a smooth, secure payment experience? If so, we have the perfect opportunity for you!

Network Recruitment is looking for a Fraud Data Scientist to join our team in Johannesburg. We are seeking someone with a deep understanding of data science and analytics, combined with a desire to tackle one of the biggest challenges in the financial industry—fraud prevention.

In today’s world of fast, real-time electronic transactions, ensuring security while maintaining a seamless customer experience is critical. As a Fraud Data Scientist, you’ll be at the forefront of developing innovative solutions to detect, prevent, and respond to fraudulent activities.

Key Responsibilities: What You’ll Be Doing

In this exciting role, your main goal will be to protect customers and businesses from fraudulent activities without interrupting the flow of legitimate transactions. Here’s how you’ll contribute:

• Data Analysis and Machine Learning: You’ll use cutting-edge data, machine learning, and statistical techniques to improve our ability to detect fraud. Your job will involve analyzing large datasets to uncover patterns of fraud and develop strategies to mitigate risks.
• Algorithm Development: You’ll design and implement algorithms and real-time decision-making systems. These algorithms will identify high-risk transactions, allowing the system to flag and take action before fraud occurs.
• Model Development: You’ll develop, fine-tune, and maintain fraud detection models that operate at a national level. These models will help prevent fraud across a variety of payment platforms and systems.
• Collaborate with Stakeholders: You’ll work closely with other teams, including product development, customer service, and IT, to ensure that fraud prevention measures are effective without disrupting the user experience. You’ll help find that delicate balance between security and convenience.
• Proactive Solutions: You’ll use your knowledge of data science, computing, and advanced data engineering methods to create forward-thinking fraud prevention solutions. Rather than just reacting to fraud, you’ll develop strategies that can predict and stop fraudulent behavior before it even happens.

What We’re Looking For: Skills and Qualifications

To excel in this role, you’ll need a combination of technical expertise, analytical thinking, and a passion for solving complex problems. Here’s what we’re looking for:

• Educational Background: You’ll need a degree in Statistics, Computer Science, Engineering, Mathematics, or a related field. Whether you have an Honours, Masters, or PhD, we’re interested in your ability to apply your academic knowledge to real-world problems.
• Technical Experience: We’re looking for someone who has at least 5 years of experience in data science, with a focus on fraud detection in the financial industry. Experience with machine learning, data engineering, and decision models is essential for this role.
• Programming Skills: You’ll need to be proficient in programming languages and tools commonly used in data science. These include Python, RStudio, SQL, Oracle, Hadoop, and cloud infrastructure technologies. Your ability to work with large datasets and develop predictive models will be key to your success.
• Analytical Skills: You should have a strong background in statistical modeling, prescriptive analytics, and big data analysis. Experience with fraud detection models and working with large amounts of data in real-time environments will be highly valuable.

Key Skills and Attributes:

In addition to your technical skills, we’re looking for certain personal qualities that will help you thrive in this role:

• Problem-Solving Abilities: Fraud detection is a constantly evolving field, and you’ll need to think critically and creatively to stay ahead of emerging threats. Your problem-solving skills will be essential as you develop and refine fraud detection systems.
• Communication Skills: You’ll need to communicate complex ideas clearly and concisely to different teams and stakeholders. Whether you’re discussing technical solutions with developers or explaining fraud risks to business leaders, your communication skills will ensure that everyone is on the same page.
• Interpersonal Skills: You’ll be collaborating with various departments, so strong interpersonal skills will help you work effectively with others. You’ll need to be able to manage relationships with stakeholders and work in a team-oriented environment.
• Ability to Work Under Pressure: Fraud can happen quickly, and you’ll need to stay calm and focused in fast-paced, high-pressure situations. Your ability to manage multiple tasks and work efficiently will help you succeed in this role.
• Adaptability: The world of fraud is always changing, and new threats can emerge at any time. You’ll need to be flexible and adaptable, ready to adjust your strategies as new information and trends come to light.

Why Join Us?

Joining our team means being part of an innovative, forward-thinking organization that is dedicated to protecting people and businesses from fraud. You’ll be at the forefront of cutting-edge technology, working with some of the best minds in the industry. Here are just a few reasons why this role is a great opportunity:

• Impact: Your work will directly impact the safety and security of financial transactions, helping businesses and customers stay protected from fraud.
• Innovation: You’ll have the opportunity to work on exciting, innovative projects that push the boundaries of what’s possible in fraud detection and prevention.
• Career Growth: We offer opportunities for professional development and career growth. Whether you want to deepen your technical expertise or move into leadership, we’ll support your goals.
• Collaborative Environment: You’ll be working in a supportive, team-oriented environment where your ideas and contributions will be valued.

Ready to Make a Difference?

If you’re ready to take on this exciting challenge and help us protect customers from fraud while ensuring smooth payment experiences, we’d love to hear from you! Apply now and become part of our journey to shape the future of fraud detection.

Visit https://www.jobplacements.com/jobList.asp to apply today and explore other career opportunities.

About Us
Network Recruitment is a leading recruitment agency, connecting top talent with opportunities across various industries. We specialize in finding the right candidates for highly skilled positions, and we’re committed to helping professionals like you achieve their career goals.