At a Glance
- Tasks: Lead a proactive fraud team to identify and mitigate risks in a dynamic environment.
- Company: Join an internationally recognized client focused on protecting against fraud and reputational damage.
- Benefits: Full-time role with opportunities for personal and team development in a supportive environment.
- Why this job: Make a real impact by developing solutions to combat online fraud and enhance risk detection.
- Qualifications: Strong understanding of fraud behaviors, policies, and a commitment to team development required.
- Other info: Onsite position in Staffordshire; must travel to the office 5 days a week.
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
Fraud and Risk Manager employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fraud and Risk Manager
✨Tip Number 1
Familiarize yourself with the latest trends in fraud detection and prevention. Stay updated on industry news, attend webinars, and participate in relevant forums to understand the evolving landscape of online fraud.
✨Tip Number 2
Network with professionals in the fraud and risk management field. Join LinkedIn groups or local meetups to connect with others who share your interests and can provide insights into the role and company culture.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully identified and mitigated fraud risks in previous roles. Highlight your problem-solving skills and ability to develop data-driven solutions.
✨Tip Number 4
Demonstrate your leadership abilities by sharing experiences where you inspired or developed a team. Show how you can motivate others to improve their skills and adapt to changes in the fraud landscape.
We think you need these skills to ace Fraud and Risk Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Fraud and Risk Manager position. Tailor your application to highlight your relevant experience in fraud detection and risk management.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous roles related to fraud prevention, team management, and your ability to develop effective processes. Use specific examples to demonstrate your skills and achievements in these areas.
Showcase Your Problem-Solving Skills: The job requires a proactive approach to identifying and mitigating fraud risks. Include examples in your application that showcase your ability to think critically and develop innovative solutions to complex problems.
Communicate Effectively: Since the role involves collaboration with various teams and communication with senior management, ensure your application reflects your strong communication skills. Use clear and concise language to convey your ideas and experiences.
How to prepare for a job interview at MERJE
✨Show Your Expertise in Fraud Detection
Be prepared to discuss your detailed understanding of fraud behaviors and the associated risks. Share specific examples from your past experiences where you successfully identified and mitigated fraud risk.
✨Demonstrate Leadership Skills
Since the role involves managing a team, highlight your experience in leading and developing individuals. Talk about how you've inspired your team to improve their skills and adapt to changes in the fraud landscape.
✨Highlight Collaboration Experience
Discuss your ability to work with cross-functional teams. Provide examples of how you've collaborated with departments like compliance, finance, and customer due diligence to enhance processes and mitigate risks.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think of situations where you had to apply a methodical approach to tackle fraud-related challenges and be ready to explain your thought process.