At a Glance
- Tasks: Lead a team to combat fraud and enhance risk detection strategies.
- Company: Join an internationally recognised client known for its proactive fraud team.
- Benefits: Full-time role with opportunities for personal and professional growth.
- Why this job: Make a real impact in fraud prevention while developing your leadership skills.
- Qualifications: Experience in fraud management and a strong understanding of related policies required.
- Other info: Onsite role in Staffordshire, with no sponsorship available.
The predicted salary is between 43200 - 72000 £ per year.
Our internationally recognised client is recruiting a Fraud and Risk Manager to join the business who will be responsible for protecting the company from criminality, loss and reputational damage.
They are seeking a motivated manager of people who can inspire their team to improve their skills and aptitude in an everchanging landscape. This is a rare opportunity to join a dynamic proactive fraud team. They are looking for fraud professionals who understand how to identify and mitigate fraud risk, who think differently and take responsibility for developing solutions for problems identified within the online fraud landscape.
In this role you will work closely with all management tiers and investigation teams to construct data driven solutions to improve our fraud and risk detection measures, as well as providing periodic reporting for departmental KPI’s.
This position is full time working 5 from 7 days.
Main responsibilities
- Developing accurate and effective processes that allow staff to identify and prevent behaviours that will lead to an increase in bad debt.
- Managing the day to day fraud operation for a growing team, ensuring that KPI’s are met and standards are maintained.
- Understanding how first and third party chargebacks are perpetrated and develop strategies designed to reduce loss.
- Collaborating with cross functional teams including compliance, finance, customer due diligence, payments and verification to enhance processes and effectively mitigate risk.
- Developing and maintaining relationships with business partners and payment providers in collaborating on fraud awareness and risk controls.
The skills and experience to help you perform in the role;
- Detailed understanding of fraud behaviours and the associated risks.
- Strong knowledge of the policies and procedures associated to the detection of fraud.
- Display a commitment to managing individual and team development.
- Awareness of relevant regulation, industry guidance and technical innovation pertinent to fraud prevention.
- Self motivation in identifying issues, research solutions and deliver effective change within the department.
- Ability to communicate with staff throughout the operation, including Senior Management.
- Ability to apply a methodical and logical approach to your work whilst maintaining exceptional levels of accuracy.
- Experience of working in an evolving environment, pivoting with changing business priorities.
This role is based onsite in the clients offices in Staffordshire, you must be able to travel to the office 5 days a week and sponsorship is not currently available.
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Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fraud and Risk Manager
✨Tip Number 1
Familiarise yourself with the latest trends in fraud detection and prevention. Stay updated on industry news, regulations, and technological advancements that can impact fraud risk management. This knowledge will not only help you during interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the fraud and risk management sector. Attend industry conferences, webinars, or local meetups to connect with others in the field. Building relationships can lead to valuable insights and potential referrals for job opportunities.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully identified and mitigated fraud risks in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your problem-solving skills and ability to drive change.
✨Tip Number 4
Research StudySmarter and our approach to fraud prevention. Understanding our values and how we operate will allow you to tailor your discussions during the interview process, showing that you're genuinely interested in contributing to our team and mission.
We think you need these skills to ace Fraud and Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in fraud prevention and risk management. Use specific examples that demonstrate your understanding of fraud behaviours and your ability to develop effective strategies.
Craft a Compelling Cover Letter: In your cover letter, express your motivation for applying and how your skills align with the role. Mention your experience in managing teams and improving processes, as well as your commitment to professional development.
Showcase Your Analytical Skills: Provide examples in your application that showcase your analytical abilities. Discuss how you've used data-driven solutions to mitigate fraud risks in previous roles, as this is crucial for the position.
Highlight Collaboration Experience: Emphasise your experience working with cross-functional teams. Detail any collaborations with compliance, finance, or other departments that have led to improved fraud detection measures.
How to prepare for a job interview at MERJE
✨Showcase Your Fraud Knowledge
Make sure to demonstrate your understanding of fraud behaviours and the associated risks during the interview. Be prepared to discuss specific examples from your past experience where you successfully identified and mitigated fraud risk.
✨Highlight Team Management Skills
Since the role involves managing a team, it's crucial to showcase your leadership abilities. Share instances where you've inspired your team to improve their skills and how you've handled challenges in a dynamic environment.
✨Prepare for Cross-Functional Collaboration
The position requires collaboration with various departments. Be ready to discuss how you've worked with teams like compliance, finance, or customer due diligence in the past to enhance processes and mitigate risks.
✨Demonstrate Problem-Solving Skills
Employers are looking for candidates who can think differently and develop solutions. Prepare to talk about specific problems you've encountered in the fraud landscape and the innovative strategies you implemented to address them.