Senior Fraud Risk Strategy Analyst

Internal use only - Grade F

About us

We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.

About the team

Protecting our customers and business from fraud is at the heart of what we do. You’ll join our dedicated Fraud Risk Analytics team of 5 (within our Credit Risk department of  c.60 FTE) working in a fast-paced, collaborative environment where your ideas can make a real impact. 

We’re responsible for designing and delivering fraud prevention strategies that tackle threats across the full customer journey, from new credit applications to account takeovers and emerging fraud trends. We combine data, insight, and innovation to keep our customers safe and minimise loss. 

We don’t expect you to know everything from day one, you’ll get the support of a friendly, knowledgeable team and a chance to grow your skills in a business that moves quickly and values your input. 

About the Role

As a Senior Fraud Risk Strategy Analyst, you’ll use data to spot fraud risks and develop smart, effective solutions to stop them. 

Key Responsibilities: 

• Analyse fraud trends and behaviours using large datasets to inform strategy. 

• Design, test, and implement fraud rules and controls to protect our customers and the business. 

• Monitor the performance of fraud strategies, spotting opportunities for improvement. 

• Deliver clear, compelling insights and recommendations to stakeholders across the business. 

• Collaborate closely with our operational fraud prevention team (based in Bolton and Speke) and wider Credit Risk colleagues. 

• Manage multiple priorities in a dynamic environment, balancing day-to-day analysis with longer-term strategic improvements. 

You’ll have the freedom to make critical decisions, see their impact quickly, and contribute directly to shaping how we protect our customers and brands. 

About you

We’re looking for someone who is naturally curious, analytical, and ready to challenge the status quo.  

You’ll have: 

• A degree in a numerate subject (e.g. Mathematics, Statistics, Economics, or similar). 

• Strong hands-on experience with SQL, SAS, Python or equivalent - you can interrogate large datasets with confidence. 

• Advanced Excel skills. 

• Experience with fraud strategy, credit risk, or related analytics (experience with FICO Blaze Advisor or other decision engines is a plus). 

• Excellent problem-solving skills - you enjoy untangling complex issues and turning analysis into clear, actionable recommendations. 

• Great communication skills - you’re comfortable presenting to senior stakeholders and influencing decisions. 

• A collaborative, adaptable approach - you thrive in a fast-changing environment with multiple moving parts. 

If you’re passionate about analytics and using data to tackle real-world problems, we’d love to hear from you. 

Some of our benefits

• Flexible, hybrid working model
• Inclusive culture and environment, check out our Glassdoor reviews

• £1000 flexible benefits allowance to suit your needs
• 30 days holiday + bank holidays
• Udemy learning access
• Bonus potential (performance and business-related)
• Up to 25% discount on Very.co.uk

• Matched pension up to 6%
• More benefits can be found on our career site

How to apply

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.

What happens next?

Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely.

You can expect a one-stage interview process for this position:

1st Stage - A one-hour formal interview where you can expect both competency and technical questions.

Please do let us know if you require any reasonable adjustments.

If you'd like to know more about our interviews, you can find out here.

Equal opportunities

We’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.