Applied Data Scientist – Fraud Prevention in London

Applied Data Scientist – Fraud Prevention in London

London Full-Time 45000 - 55000 £ / year (est.) No working from home possible
Creditspring

At a Glance

  • Tasks: Analyse data to detect fraud and develop machine learning models for prevention.
  • Company: Join Creditspring, a unique subscription finance company focused on member welfare.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Other info: Diverse and inclusive workplace where your voice matters.
  • Why this job: Make a real impact in financial stability while working with cutting-edge technology.
  • Qualifications: Experience in fraud analytics and machine learning; strong Python and SQL skills.

The predicted salary is between 45000 - 55000 £ per year.

We are Creditspring, a new way of borrowing that focuses on its members and provides them with safe and efficient short-term financial products. We're a fast-growing FCA-regulated consumer credit company. We have members, not customers and we take a lot of pride in that! As one of the UK’s only subscription finance companies in the market, we truly have a unique value proposition. Our mission is very clear; to improve the financial stability and resilience of our members. We do this through the products we provide, the partnerships we have, and our educational content. We want our members, and everyone in the UK to be able to better manage their finances and steer them away from high-cost, unregulated credit options.

About the role: We are currently looking for an experienced and detail-oriented applied data science and business analyst to join our Underwriting data science team with primary focus on fraud detection and mitigation. This is a mid-level applied or ‘full-stack’ data scientist role, ideal for someone with good command of the analytical and machine learning toolkit and desire to drive process and systems change based on the gained insights. You will be instrumental in shaping the company’s fraud prevention initiatives using internal and external data, developing and implementing fraud detection models and providing monitoring and analytics in this area. This role will collaborate extensively with colleagues from across the business (Data, Engineering, Underwriting, Operational Risk and Product teams), and is critical to support further platform growth and credit product innovation.

Responsibilities:

  • Collect, process and analyse large and complex internal and external datasets to identify trends, risks and opportunities.
  • Design, develop and maintain fraud scoring, identity resolution and credit scoring machine learning models.
  • Interact with new and existing datasets and solutions providers to run retro analysis, A/B testing and POC exercises.
  • Review and test applicability of latest developments in fraud modelling to company’s operations (graph and network analytics, behavioural biometrics, real-time detection, adversarial thinking, AI agent networks and other techniques).
  • Testing and integration of external API feeds into decisioning flow.
  • Monitoring, reporting and visualisation of insights and performance metrics.
  • Cross-team collaboration on incoming queries related to Fraud, AML and KYC verification cases.

What you'll need to succeed:

  • Prior experience in fraud prevention analytics, preferably within an SME or retail lending environment.
  • Experience developing and deploying machine learning models in a local and cloud environment.
  • Strong command of statistical inference and supervised machine learning stack (scikit-learn, pandas, numpy, jupyter).
  • Solid knowledge of Python for data extraction, transformation and analysis.
  • SQL proficiency for working with data from multiple sources including internal data and external feeds.
  • Demonstrated success in systems integration and analytics delivery.
  • Commercial awareness with strong communication skills and the ability to influence stakeholders.

Nice to have:

  • Lending, fintech and regulated sectors work experience.
  • Working with web applications, cloud data stacks and event driven architecture (we run on ruby on rails, python, aws, github).
  • Hands-on working with credit bureau and open banking data.
  • First-hand experience with decisioning SaaS platforms or AI agents.

Don’t meet all the listed requirements? Research shows that women and people of underrepresented groups often don't apply for jobs unless they're 100% qualified. As an equal opportunities employer, we know that diversity is a key part of our teams' successes - so if your experience doesn’t fit perfectly but this role excites you, we’d love for you to apply. We’re committed to Creditspring being an inclusive environment where employees feel welcomed, valued and listened to; we want you to thrive as your true self.

Please note that the People Team is contactable only via people@creditspring.co. Unsolicited emails to other team members will not be actioned.

Applied Data Scientist – Fraud Prevention in London employer: Creditspring

At Creditspring, we pride ourselves on being a member-focused organisation that champions financial stability and resilience. Our collaborative work culture fosters innovation and growth, providing employees with ample opportunities to develop their skills in a dynamic environment. With a commitment to inclusivity and diversity, we ensure that every team member feels valued and empowered to contribute to our mission of transforming the consumer credit landscape.

Creditspring

Contact Details:

Creditspring Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Applied Data Scientist – Fraud Prevention in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend meetups, and connect with Creditspring employees on LinkedIn. A personal touch can make all the difference when it comes to landing that interview.

Tip Number 2

Show off your skills! Prepare a portfolio showcasing your data science projects, especially those related to fraud prevention. This will give you an edge and demonstrate your hands-on experience to the hiring team.

Tip Number 3

Practice makes perfect! Get ready for technical interviews by brushing up on your machine learning models and statistical analysis. We recommend doing mock interviews with friends or using online platforms to simulate the real deal.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows your genuine interest in joining the Creditspring team and being part of our mission.

We think you need these skills to ace Applied Data Scientist – Fraud Prevention in London

Fraud Prevention Analytics
Machine Learning
Statistical Inference
Data Processing
Python
SQL
Data Analysis

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that are most relevant to the Applied Data Scientist role. Highlight your experience in fraud prevention analytics and machine learning, as these are key for us.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this role at Creditspring. Share specific examples of how you've used data science to drive change, especially in fraud detection or similar areas.

Showcase Your Technical Skills:Don’t forget to mention your proficiency in Python, SQL, and any machine learning frameworks you’ve worked with. We want to see how you can apply these skills to our fraud prevention initiatives.

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensure they get to the right people in our team!

How to prepare for a job interview at Creditspring

Know Your Data Science Tools

Make sure you brush up on your analytical and machine learning toolkit. Be ready to discuss your experience with tools like scikit-learn, pandas, and SQL. Prepare examples of how you've used these in past projects, especially in fraud prevention.

Understand the Company’s Mission

Creditspring is all about improving financial stability for its members. Familiarise yourself with their unique value proposition and think about how your skills can contribute to this mission. Show them that you’re not just a data scientist, but someone who cares about making a difference.

Prepare for Cross-Team Collaboration

This role involves working with various teams, so be ready to discuss your experience in cross-functional collaboration. Think of specific instances where you’ve successfully worked with different departments to achieve a common goal, particularly in fraud detection or analytics.

Stay Updated on Fraud Prevention Trends

Research the latest trends and technologies in fraud prevention, such as behavioural biometrics and real-time detection. Being able to discuss these topics will show your passion for the field and your commitment to staying ahead of the curve.