Senior Fraud Compliance Manager

📋 Description

• Serve as a subject matter expert and a constructive challenger to the 1st Line of Defence (e.g., Fraud Operations, Product Teams) regarding the design, implementation, and efficacy of their fraud controls, policies, and procedures.

• Offer comprehensive and practical guidance on fraud risk management to ensure compliance with internal standards and external regulatory mandates.

• Create and implement an annual assurance plan, performing focused reviews and in-depth analyses of critical fraud risk areas and control effectiveness.

• Oversee and report on the success of 1st Line remediation efforts following findings from internal and external audits or regulatory matters.

• Maintain an exceptional and current understanding of pertinent fraud legislation, regulatory requirements, and industry standards, delivering expert recommendations on their implications.

• Analyze intricate fraud performance data, including loss rates, control effectiveness metrics, and emerging fraud trends, to uncover systemic vulnerabilities.

• Assess the performance and calibration of fraud detection rules, models, and systems, providing independent validation and suggestions for optimization.

• Generate high-quality, impactful reports for senior stakeholders (e.g., Risk Committees, Executive Management) detailing the current fraud risk landscape, control deficiencies, and advancements toward strategic assurance goals.

⛳️ Requirements

• Proven experience in evaluating fraud risks and proposing mitigating strategies.

• Strong understanding of global/regional fraud legislation and regulatory expectations (as highlighted above).

• Excellent analytical abilities with proven experience in examining large datasets, interpreting fraud trends, and assessing rule and model performance.

• Outstanding communication and stakeholder management skills, with the capacity to convey complex risks to both technical and non-technical audiences.

• Highly Advantageous Experience: Background in card fraud, particularly within the acquiring (merchant services) sector.

• Prior experience in fraud investigation, providing practical insights into the execution and mitigation of fraud attempts.

• Familiarity with Looker, BigQuery, and SQL would also be beneficial.

• Qualifications: Relevant professional certifications (e.g., ACAMS, ICA, CFE, Cifas Academy) are advantageous.

🏝️ Benefits

• Incentive Awards linked to your performance.

• £1,000 annual learning budget for books, training courses, and conferences.

• Flexible working hours.

• Options for remote work.

• Ad hoc meetings in London.