Managing Consultant Fraud Payments (London)
Managing Consultant Fraud Payments (London)

Managing Consultant Fraud Payments (London)

London Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead client engagements and provide expert insights on fraud management in payments.
  • Company: Mastercard empowers economies globally, making transactions secure and accessible for everyone.
  • Benefits: Enjoy a dynamic work environment with opportunities for remote work and professional growth.
  • Why this job: Join a cutting-edge team that values innovation and makes a real impact in the payments industry.
  • Qualifications: Undergraduate or master's degree; experience in risk management and fraud strategies preferred.
  • Other info: Candidates must be eligible to work in the UK and apply for travel visas as needed.

The predicted salary is between 48000 - 84000 £ per year.

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. Title and Summary Managing Consultant Fraud Payments Managing Consultant, Authentication, Authorisation and Fraud (AA&F) Subject Matter Expert (SME), Advisors & Client Services Advisors & Client Services (A&CS) team is a key differentiator for MasterCard, providing the cutting-edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global customer base. We combine traditional management consulting with our rich data assets and in-house technology to provide our clients with powerful strategic insights and recommendations. Centered on data-driven technologies and innovation, these services include consulting, loyalty and marketing programs, test-and-learn business experimentation, and data-driven information and risk management services. While specializing in the payments industry, A&CS also works closely with major retailers, airlines, and other enterprises, leveraging data and insights garnered from within and beyond its network. Make an Impact as a Managing Consultant and AA&F Subject Matter Expert
As a Managing Consultant and AA&F subject matter expert, you will be a trusted client business advisor, and scope, lead, and advise on client engagements. As the subject matter expert, you will partner with the Business Development team to develop and pitch engagements that can leverage Mastercard data and consulting knowledge. You will also be resource for enabling centralized training and knowledge management and will lead engagement teams to best in class insights and project deliverables. Leading the work of the project Delivery team, you will provide subject matter and industry expertise, be a resource to others to identify creative and efficient solutions and guide the team to business-focused solutions and recommendations that drive client value. Responsibilities within project management will include owning mid- to senior-level client relationships and proactively engaging in the client agenda, internal culture, and relationship risks.

Bring your Passion and Expertise
We recruit for and value the following core competencies:
• Passion: Actively seeks responsibility and takes pride in guiding project teams towards delivering the highest quality results and recommendations to our clients.
• Subject Matter Expertise: Local go-to person for AA&F, assisting with specialist sales support and product development/refinement as needed, and focused on knowledge sharing and development of team members regionally and globally
• Problem Solving: Leads teams to identify the most critical aspects of a problem, and guides team to business-focused solutions and recommendations that drive client value. Initiates changes to project direction where required, and able to decide and act without the total picture.
• Analytic Excellence: Demonstrates a strong aptitude for structured problem solving and quantitative skills and leads team to effective and efficient technical capability usage regardless of context.
• Project Management: Clear interest in project delivery with business clients, and intuition for the way that companies make decisions and how digital helps address clients' problems.
• Client Management: Inspire client confidence through client recognition of specialization, timely and reliable execution, and develop stakeholder management plans to align priorities and address support and resistance.
• Communication and Presence: Leads composition of complete deliverables and other written communication and demonstrates an ability to communicate verbally in a wide range of complex scenarios and up to senior management levels.
• Commercial Orientation: Ability to identify strong opportunities within the AA&F space, including identification of cross-sell opportunities beyond direct project work, and partner with broader Client Services teammates on contracting activities, leveraging knowledge of capabilities and how they fit together to create relevant solutions for clients.
• Leadership: Instill a sense of urgency, ownership, and empowerment and thoughtful risk taking into leaders at all levels. Structures work so it aligns with team members' goals and motivators.
• Diverse Perspective: Brings a unique skillset or approach to the table in every client engagement or internal activity.
Qualifications:
• Undergraduate or master's degree
• Preferred experience includes:
oProven experience in working in risk management, specifically an aptitude and understanding of the complexity of optimizing authentication, approval rates within fraud management governance across the entire payment eco-system, i.e., Merchants, Acquirers, PSPs and Issuers
oIn-depth knowledge of managing the fraud threats across the entire life cycle covering but not limited to acquisition, account take-over, payment fraud and digital threats
oAppreciation of how digital enablement can enhance cardholder acceptance
oUnderstand the process and procedures of managing a multiple skilled operational center
oStrong insights key components of Strong Customer Authentication
oAcquiring risk management knowledge and experience advantageous
oDeep knowledge of mitigating fraud losses through advanced fraud strategy capabilities and analytics
oStrong numerical aptitude
oAppreciation of the scheme's rules and regulations

• Experience in a consulting organization as a consultant is a bonus
• Experience directly managing multiple people across multiple projects
• Experience as a mentor
• Exceptional analytical and quantitative problem-solving skills and ability to structure analyses to form data-driven solutions to ambiguous client challenges
• Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
• Demonstrated ability to own and develop relationships with both mid- and executive-level client contacts and inspire confidence in Client Services as a sought-after partner
• Ability to multi-task in a fast-paced, deadline-driven environment, and balance thought with action while getting the most out of limited resources
• Advanced Word, Excel, and PowerPoint skills required
• Candidates must be eligible to work in the country of which they are applying for a position in, as well as eligible to apply for travel visas as required by travel needs

Corporate Security Responsibility All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard's security policies and practices;
  • Ensure the confidentiality and integrity of the information being accessed;
  • Report any suspected information security violation or breach, and
  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

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Managing Consultant Fraud Payments (London) employer: Mastercard, Inc.

Mastercard is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration are at the forefront. Located in London, employees benefit from a vibrant city atmosphere, extensive professional development opportunities, and the chance to work with cutting-edge technology in the payments industry. With a strong emphasis on employee growth and a commitment to empowering individuals, Mastercard provides a rewarding environment for those looking to make a meaningful impact.
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Contact Detail:

Mastercard, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Managing Consultant Fraud Payments (London)

✨Tip Number 1

Familiarise yourself with the latest trends in fraud management and digital payments. Understanding the current landscape will not only help you during interviews but also demonstrate your passion for the industry.

✨Tip Number 2

Network with professionals in the payments and fraud management sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the challenges they face, which can give you an edge in discussions.

✨Tip Number 3

Prepare to discuss specific case studies or examples from your past experience that showcase your problem-solving skills and ability to manage client relationships effectively. This will highlight your suitability for the role.

✨Tip Number 4

Research Mastercard's values and recent initiatives in fraud prevention and digital payments. Tailoring your conversation to align with their mission will show that you're not just interested in the job, but also in contributing to their goals.

We think you need these skills to ace Managing Consultant Fraud Payments (London)

Risk Management Expertise
Fraud Detection and Prevention
Authentication and Authorisation Knowledge
Analytical and Quantitative Problem-Solving Skills
Project Management
Client Relationship Management
Strong Customer Authentication Insights
Data-Driven Decision Making
Communication Skills
Leadership and Team Management
Commercial Awareness in Payments Industry
Ability to Multi-task in Fast-Paced Environments
Advanced Proficiency in Microsoft Word, Excel, and PowerPoint
Understanding of Payment Ecosystem
Knowledge of Scheme Rules and Regulations

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management and fraud prevention. Use specific examples that demonstrate your expertise in authentication and approval rates within the payment ecosystem.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your skills align with Mastercard's mission. Mention your understanding of digital payments and how you can contribute to their goals.

Showcase Analytical Skills: Provide examples of how you've used analytical and quantitative problem-solving skills in previous roles. Highlight any experience with data-driven solutions that address client challenges.

Prepare for Interviews: Be ready to discuss your project management experience and how you've built relationships with clients. Prepare to articulate your approach to solving complex problems and driving client value.

How to prepare for a job interview at Mastercard, Inc.

✨Showcase Your Subject Matter Expertise

As a Managing Consultant, you'll need to demonstrate your deep understanding of fraud management and authentication processes. Prepare specific examples from your past experiences where you've successfully navigated complex fraud scenarios or improved client outcomes through your expertise.

✨Highlight Your Problem-Solving Skills

Be ready to discuss how you've tackled challenging problems in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers, focusing on how you identified critical issues and led teams to effective solutions that added value for clients.

✨Demonstrate Strong Communication Abilities

Effective communication is key in this role. Practice articulating complex ideas clearly and concisely, both verbally and in writing. You might be asked to present a case study or analysis during the interview, so ensure you're comfortable discussing your thought process and findings.

✨Prepare for Client Management Scenarios

Since you'll be managing mid- to senior-level client relationships, think about how you've built trust and rapport with clients in the past. Be prepared to share examples of how you've inspired confidence and navigated stakeholder dynamics to achieve successful project outcomes.

Managing Consultant Fraud Payments (London)
Mastercard, Inc.
M
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