Head of Fraud

Head of Fraud

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the fraud strategy and manage risk across IAG Loyalty.
  • Company: IAG Loyalty is a leader in the loyalty industry, serving over 69 million members globally.
  • Benefits: Enjoy hybrid working with flexibility, plus a supportive team culture.
  • Why this job: Join a dynamic team driving innovation in fraud prevention and making a real impact.
  • Qualifications: Experience in fraud risk management and strong leadership skills required.
  • Other info: We value diversity and encourage applicants from all backgrounds.

The predicted salary is between 48000 - 72000 £ per year.

IAG Loyalty is a pioneer in the loyalty industry with over 30 years of experience. It is home to British Airways Holidays and Avios – the loyalty currency of British Airways, Iberia, Aer Lingus, Vueling, Qatar Airways, Finnair and Loganair.

With a vision to create the world\’s most rewarding experiences, IAG Loyalty enables more than 69 million members worldwide to collect and redeem Avios through a diverse range of partners spanning retail, travel and financial services.

Its parent company, International Airlines Group (IAG), is one of the world’s largest airline groups with 600+ aircraft carrying more than 122 million customers to 260 destinations across 91 countries each year.

About Avios

Avios is the global loyalty currency of British Airways, Iberia, Aer Lingus, Vueling, Qatar Airways, Finnair and Loganair. It enables over 69 million members in more than 200 countries worldwide to collect and redeem rewards across a broad ecosystem of travel, retail and financial services partners.

More than 20 million Avios are collected and 16 million are redeemed every hour through partnerships with thousands of leading brands including Nectar, American Express, Uber, Cabify, Repsol and Royal Caribbean. From flights and hotel stays to groceries and daily commutes, Avios allows members to turn their everyday spending into meaningful rewards.

The opportunity

We\’re looking for an experienced Head of Fraud to lead the enterprise fraud strategy across IAG Loyalty. You\’ll be responsible for designing and delivering a unified fraud risk management strategy and framework while enabling tailored, risk-based solutions that meet the unique needs of each business.

You\’ll work closely with the Chief Information Security Officer (CISO) and the Head of Legal Operations and Compliance, ensuring alignment across fraud, cyber security, data privacy, and risk management functions.

This role is based out of our London office. We call our approach to hybrid working The Blend — it’s about giving you the flexibility to choose where you do your best work, while staying connected with your team and the wider business. This means you will be required to spend at least two days per week in the office, with the rest of the time working from home. You may also be required to work from one of our other office or partner locations, based on your role and \’to do\’ list.

What you’ll get up to

Strategic Leadership:

  • Define and lead the group-wide fraud risk management strategy and operating model.
  • Act as the primary advisor to the CFO and executive leadership on fraud risks, threats, and mitigation across all types of fraud.
  • Develop and implement scalable governance frameworks that balance group-wide consistency with local business flexibility.

Fraud Governance & Compliance:

  • Oversee the development and rollout of fraud policies, controls, and escalation frameworks across IAG Loyalty.
  • Ensure fraud-related regulatory compliance across all relevant markets and operating regions.
  • Conduct fraud risk assessments and maintain an active view of the internal and external threat landscape.
  • Lead enterprise-wide fraud monitoring, investigations, and case management processes.
  • Oversee the implementation of fraud detection technologies and data analytics to proactively mitigate risk.
  • Manage complex, high-impact investigations in coordination with Legal, HR, CIPS and external agencies.

Collaboration & Stakeholder Management:

  • Collaborate closely with the CISO to align fraud prevention efforts with cybersecurity strategy.
  • Partner with the Head of Legal Operations and Compliance on risk, privacy, and regulatory intersections.
  • Build trusted relationships with IAG Group and Airline leaders to ensure business-embedded fraud risk practices.

Technology & Innovation:

  • Champion adoption of advanced fraud detection tools, automation, and intelligence-sharing across the group.
  • Drive the integration of fraud analytics into business systems and digital platforms.
  • Stay ahead of emerging digital fraud trends, including threats related to AI, identity fraud, and platform abuse.

People & Business Leadership:

  • Lead, coach, and grow a high-performing fraud team covering prevention, detection and resolution across functions and geographies.
  • Foster a culture of transparency, ethical behaviour, and continuous learning across the group.
  • Contribute actively to the broader Senior Leadership Community, driving transformation and resilience.

What we need from you

  • Deep background in fraud risk management, including experience in a senior leadership role.
  • Success in leading large-scale fraud programs across complex, multi-entity environments.
  • Strong knowledge of fraud detection technologies, compliance requirements, and investigative protocols.
  • Professional certifications such as CFE, CAMS, or equivalent.
  • Excellent stakeholder management, strategic thinking, and communication skills.
  • Ability to thrive in a fast-paced, collaborative environment and deliver impact.

We might not be right for you if:

  • You prefer focusing only on your to-do list; we are a small, high-performing team that helps each other succeed.
  • You value perfection over rapid iteration; our environment is fast-paced and iterative.
  • You only want to advise but not execute; this role involves both strategic planning and operational delivery.

If you believe you have the right skills but don’t meet every point, we encourage you to apply anyway. We’d love to chat and see if you’re a good fit.

Equity, Diversity and Inclusion at IAG Loyalty

Our vision to create the world’s most rewarding experiences applies to our colleagues as well. We actively foster a culture of belonging, embracing diverse identities, backgrounds, and perspectives. This makes IAG Loyalty a rewarding place to work and enhances our ability to innovate and serve our customers better.

Please inform us if we can make any reasonable adjustments to support your interview process.

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Head of Fraud employer: Avios Group (AGL) Limited

IAG Loyalty is an exceptional employer, offering a dynamic work culture that prioritises flexibility and collaboration through its innovative hybrid working model, The Blend. Employees benefit from a strong commitment to professional growth, with opportunities to lead impactful fraud risk management strategies in a globally recognised company, while being part of a diverse and inclusive environment that values every individual's contribution. Located in London, the role of Head of Fraud not only provides a chance to shape the future of fraud prevention but also to engage with a high-performing team dedicated to excellence and continuous learning.
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Contact Detail:

Avios Group (AGL) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Fraud

✨Tip Number 1

Familiarise yourself with the latest trends in fraud detection technologies and data analytics. Being knowledgeable about advanced tools and techniques will not only help you in interviews but also demonstrate your commitment to staying ahead in the field.

✨Tip Number 2

Network with professionals in the fraud risk management space, especially those who have experience in the airline or loyalty sectors. Engaging with industry peers can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience in leading large-scale fraud programmes. Be ready to share specific examples of how you've successfully managed fraud risks in complex environments, as this will be crucial for the role.

✨Tip Number 4

Understand the regulatory landscape related to fraud and compliance in the airline industry. Being well-versed in these regulations will show that you can effectively oversee fraud governance and ensure compliance across various markets.

We think you need these skills to ace Head of Fraud

Fraud Risk Management
Strategic Leadership
Governance Framework Development
Regulatory Compliance
Fraud Detection Technologies
Data Analytics
Stakeholder Management
Collaboration Skills
Investigative Protocols
Communication Skills
Team Leadership
Problem-Solving Skills
Adaptability to Fast-Paced Environments
Knowledge of Emerging Fraud Trends
Professional Certifications (CFE, CAMS or equivalent)

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Head of Fraud position. Tailor your application to highlight your relevant experience in fraud risk management and leadership.

Craft a Compelling CV: Your CV should clearly outline your experience in fraud risk management, including any senior leadership roles. Use specific examples to demonstrate your success in leading large-scale fraud programmes and your knowledge of fraud detection technologies.

Write a Strong Cover Letter: In your cover letter, express your passion for the role and the company. Highlight your strategic thinking and stakeholder management skills, and explain how you can contribute to IAG Loyalty's vision of creating rewarding experiences.

Showcase Relevant Certifications: If you have professional certifications such as CFE or CAMS, be sure to mention them prominently in your application. These credentials can set you apart from other candidates and demonstrate your commitment to the field.

How to prepare for a job interview at Avios Group (AGL) Limited

✨Understand the Company and Its Vision

Before your interview, make sure you thoroughly research IAG Loyalty and its mission. Familiarise yourself with their loyalty programmes, especially Avios, and understand how they operate within the broader context of the airline industry. This knowledge will help you demonstrate your genuine interest in the role and align your answers with the company's goals.

✨Showcase Your Leadership Experience

As a Head of Fraud, you'll need to exhibit strong leadership skills. Prepare examples from your past roles where you've successfully led fraud risk management initiatives or teams. Highlight your ability to collaborate with various stakeholders, including legal and compliance teams, to create effective fraud prevention strategies.

✨Be Ready to Discuss Technology and Innovation

Given the emphasis on advanced fraud detection tools and analytics in the job description, be prepared to discuss your experience with relevant technologies. Share specific examples of how you've implemented innovative solutions in previous roles and how you stay updated on emerging trends in fraud detection and prevention.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities in real-world situations. Think about potential fraud scenarios that could arise in a loyalty programme and how you would approach them. This will showcase your strategic thinking and ability to handle complex challenges effectively.

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