At a Glance
- Tasks: Develop and implement machine learning models to combat fraud and enhance customer experience.
- Company: Join LexisNexis Risk Solutions, a leader in risk assessment and fraud detection.
- Benefits: Enjoy generous holidays, health perks, and extensive learning resources.
- Other info: Dynamic team environment with opportunities for growth and community involvement.
- Why this job: Make a real-world impact by protecting billions in revenue from fraud.
- Qualifications: Experience in data science, proficiency in Python and SQL, and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
About the business: LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher revenue growth, maximize operational efficiencies, and improve customer experience. Our solutions help our customers solve difficult problems in the areas of Anti-Money Laundering/Counter Terrorist Financing, Identity Authentication & Verification, Fraud and Credit Risk mitigation and Customer Data Management.
About the team: You will be part of a team who use global data from the largest real-time fraud detection platform to craft solutions for our enterprise customers.
About the role: Your experience with data analysis, statistical modelling, and machine learning will lead to immediate real-world impact in the form of lower customer friction, reduced fraud losses and as a result, increased customer profitability. You’ll leverage a real-time platform analysing billions of transactions per month for some of the largest companies operating in Financial Services, Insurance, e-Commerce, and On-Demand Services. These tools will allow you to attain a unique perspective of the Internet, and every persona connected to it. On top of driving innovation projects, you’ll be continually collaborating with internal product and engineering teams, customer-facing account teams, and external business leaders and risk managers. The comprehensive models you build will go head-to-head against some of the most motivated attackers in the world to protect billions in revenue.
Responsibilities:
- Scoping, developing, and implementing machine learning or rule-based models following best practice, to banking model governance standards.
- Using your strong knowledge of SQL and Python plus quantitative skills to define features that capture evolving fraudster behaviours.
- Develop internal tools to streamline the model training pipeline and analytics workflows.
- Applying your curiosity and problem-solving skills to transform uncertainty into value-add opportunities.
- Using your strong attention to detail and ability to craft a story through data, delivering industry-leading presentations for external and executive audiences.
- Building an extensive knowledge of cybercrime – account takeover, scams, social engineering, Card Not Present (CNP) fraud, money laundering and mule fraud etc.
- Employing your multi-tasking and prioritisation skills to excel in a fast-paced environment with frequently changing priorities.
Requirements:
- Experience in a data science role, ideally within the fraud, risk, or payments domain.
- Proficiency in Python and SQL (BI tools such as SuperSet, Tableau or PowerBI is a bonus).
- Hands-on experience in machine learning model development, evaluation, and production deployment, with familiarity in MLOps principles to build scalable and standardised workflows and implement effective ML monitoring systems.
- Proven ability to create polished presentations and effectively communicate insights to customers with attention to detail.
- Have extensive multi-tasking and prioritisation skills. Needs to excel in fast paced environment with frequently changing priorities.
Benefits:
- Generous holiday allowance with the option to buy additional days.
- Health screening, eye care vouchers and private medical benefits.
- Wellbeing programs.
- Life Assurance.
- Access to a competitive contributory pension scheme.
- Save As You Earn share option scheme.
- Travel Season ticket loan.
- Electric Vehicle Scheme.
- Optional Dental Insurance.
- Maternity, paternity and shared parental leave.
- Employee Assistance Programme.
- Access to emergency care for both the elderly and children.
- RECARES days, giving you time to support the charities and causes that matter to you.
- Access to employee resource groups with dedicated time to volunteer.
- Access to extensive learning and development resources.
- Access to employee discounts scheme via Perks at Work.
Equal Opportunity Employer: We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.
Data Scientist employer: LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group
At LexisNexis Risk Solutions, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our Data Scientists enjoy generous benefits, including a competitive pension scheme, health screening, and extensive learning opportunities, all while working in a dynamic environment that values employee growth and community engagement. Located in a vibrant area, our team members have the unique advantage of leveraging global data to make a real-world impact in risk assessment, ensuring both personal and professional fulfilment.
Contact Details:
LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Data Scientist
✨Get Involved in Data Science Meetups
Tap into local data science meetups or workshops to connect with fellow enthusiasts and professionals. These events are goldmines for networking, and sometimes even lead directly to job openings at companies like LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group!
✨Show Off Your Projects
Start building a public portfolio showcasing your data science projects on platforms like GitHub or personal websites. Highlight unique analyses or models you've developed. This not only demonstrates your skills but also gets your name out there for roles like Data Scientist at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group.
✨Leverage Professional Networks
Join professional bodies related to data science, like the Data Science Society or similar organisations. Getting involved can lead to mentorship opportunities and insider knowledge about full-time positions at companies like LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group.
✨Apply Directly through Our Website
When you find a suitable opening like Data Scientist at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group, make sure to apply directly through our website. It gives you an edge and shows you're keen to join our team. Plus, who doesn’t love a direct application? It’s easier than navigating through job boards!
We think you need these skills to ace Data Scientist
Some tips for your application 🫡
Show Off Your Projects:In the world of data science, your projects can speak volumes about your skills. Make sure to showcase a few key projects in your CV or portfolio, especially those that highlight your ability to work with data sets, build models, or use relevant tools like Python, R, or SQL. Don’t forget to include links to any GitHub repositories if applicable!
Quantify Your Achievements:Employers love numbers! When drafting your CV, highlight your achievements with quantifiable results. For instance, mention how your data analysis led to a certain percentage increase in efficiency or revenue at a previous job or project. These details can really make your application pop!
Craft a Tailored Cover Letter:For a full-time role at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group, your cover letter should reflect your passion for data science and your excitement about the specific projects or values of the company. Dive into why you’re a good fit, how your skills align with their needs, and any unique perspectives you can bring to the team.
Stand Out with Relevant Courses and Certifications:Although experience talks, relevant courses or certifications can be your ticket to impressing hiring managers at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group. Mention any standout courses you've completed that equipped you with essential skills, such as machine learning certifications or data visualisation courses. This shows your commitment to continuously developing your skills in the field!
How to prepare for a job interview at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group
✨Brush Up on Your Statistics
For a data science role, we need to seriously sharpen our statistics skills. Get ready to tackle technical questions on probability distributions, hypothesis testing, and regression analysis. These are often the bread and butter of data science interviews, so don't just skim over them!
✨Showcase Your Projects
Prepare a killer portfolio showcasing your data science projects. We should include details about the datasets used, the tools and techniques applied, and the impact of your findings. If we can walk them through a particularly challenging project or a cool visualisation that had real-world implications, it’ll really make us stand out!
✨Get Comfortable with Python and R
Most data science positions require us to be proficient in programming languages like Python and R. We should practice common libraries like pandas, NumPy, and scikit-learn, and be ready for live coding exercises or algorithm questions. Showing off our coding chops can really impress the interviewers at LEXISNEXIS RISK SOLUTIONS UK LIMITED T/a LexisNexis Risk Solutions Group!
✨Prepare for Case Studies
Expect to encounter real-world case studies during the interview. We might be asked how we’d approach a data problem or analyse a dataset to extract insights. It's essential to think out loud and demonstrate our problem-solving process so that the interviewer can see our logical thinking in action.