Fraud Specialist

A fast-growing mobile payments fintech is looking for a fraud specialist to support the Legal, Risk and Compliance Function, which develops and provides oversight of AML/CFT, sanctions, risk management, licensing and strategic compliance matters for the firm.

As part of the Legal, Risk and Compliance team, you will play a critical role in proactively identifying, mitigating and blocking constantly evolving forms of fraud risk for the firm and enabling the firm's growth. You will have a wide remit to support the UK/EU Head of LRC in reviewing and developing the business' implementation and execution of Risk Management Frameworks, Policies and Standards.

This role can be based remotely.

Responsibilities

• Providing specialist 2LOD Fraud SME content knowledge and participating in 2LOD Risk Reviews.
• Conducting and leading investigations and reviews, and determining the action/resolution needed to close the case.
• Placing appropriate hold on accounts deemed with fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements.
• Working closely with business units and stakeholders to recommend and implement fraud prevention and detection measures and controls.
• Ensuring risk policy requirements are met, risks are being appropriately managed, accurately reported and escalated to both 1LOD and 2LOD management as appropriate.
• Providing detailed due diligence reports and rec DMLRO/MLRO with SAR preparation when suspicion has been reached.
• Consulting with the organisation's business units on fraud prevention, trends and detection/response issues/questions.
• Assisting the LRC Management team to drive the end-to-end fraud risk strategy for new & existing products.
• Coordinating the creation and implementation of processes to prevent, detect and respond to fraud, based on fraud intelligence and event analysis.
• Supporting the delivery of fraud and enterprise security education, training, and awareness programs.
• Developing relationships and working with key partners across product, engineering, data science and business teams to effectively manage fraud risk programs.

Requirements:

• Minimum of five years' experience.
• Minimum of a Bachelor's degree. An advanced degree preferred, and certification(s) from professional bodies relevant to the financial services sector will be advantageous.
• Ability to work in a fast-paced environment, along with experience operating in a second line role or corresponding control function in a Financial Services organisation.
• Broad knowledge of a consumer banking environment with a good understanding of Fraud Risks included schemes and identification methods, as well as experience of Operational Risk.
• Be a driven self-starter. The successful candidate will be joining a dedicated, hardworking team collectively motivated by their mission and vision.
• Experience working in Fintech and liaising with regulators and internal audit staff such as examinations, audit and reviews, document production, and issue responses is desirable.

For a confidential chat about this or other roles please contact Matt Pollard in the Jameson Legal London office.

Jameson Legal acts as an employment business for temporary recruitment and as an employment agency for fixed term contract and permanent recruitment.

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