Head of Fraud Strategy in London

Head of Fraud Strategy in London

London Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Capital One (Europe) plc

At a Glance

  • Tasks: Lead fraud strategy and manage a team to protect customers from fraud.
  • Company: Join Capital One, a leader in innovative banking solutions.
  • Benefits: Enjoy flexible working, competitive salary, and extensive career development opportunities.
  • Other info: Diverse and inclusive workplace with a focus on personal growth.
  • Why this job: Make a real impact in a dynamic role at the forefront of fraud prevention.
  • Qualifications: Experience in fraud strategy and strong analytical skills required.

The predicted salary is between 80000 - 100000 £ per year.

As Head of Fraud Strategy you'll be centre stage in a business built on rigorous analytics and risk management. You'll have responsibility for setting Capital One's fraud strategy and oversight of all fraud analysis and systems.

What you'll do

  • Fraud Management – define and manage fraud and disputes strategy for a growing UK Card business with aspirations to move into a multi-product offering.
  • Manage and support a team of fraud strategy analysts to ensure ongoing excellence in fraud outcomes for our customers.
  • Be accountable for our fraud losses and ensure performance remains within appetite.
  • Own and manage the credit oversight program for UK Fraud with support and collaboration from Enterprise Fraud.
  • Provide consultancy to other intent and product owners across the business to ensure business change is delivered in line with fraud risk appetite and with appropriate fraud controls.
  • Represent Capital One at industry forums and events (e.g. UK Finance, Cifas, various conferences).
  • Assess new technology and ensure Capital One remains one step ahead of fraud.
  • Build relationships with vendors and understand what new products and services are worth pursuing.

What we're looking for

  • Significant experience managing a fraud strategy or fraud analysis function within a financial services organisation.
  • Ability to manage varying workload and solve for both the short and the long term.
  • A proven track record of finding resolutions using data and a strong quantitative orientation matched with conceptual thinking skills.
  • Ability to combine business experience and insights with econometric and statistical modelling skills to reach results that are both intuitive and technically sound.
  • Strong business judgement and integrity: be a tenacious decision maker, able to bring a healthy, balanced approach to business.

Where and how you'll work

This is a permanent position based in our Nottingham or London offices. We have a hybrid working model which gives you flexibility to work from our offices and from home. We're big on collaboration and connection, so you'll be based in one of our offices 3 days a week on Tuesdays, Wednesdays and Thursdays. If you're London based, there will be an expectation that frequent travel to Nottingham will be required. Many of our associates have flexible working arrangements, and we're open to talking about an arrangement that works for you.

What's in it for you

  • Bring us all this - and you'll be well rewarded with a role contributing to the strategic direction and roadmap of an organisation committed to transformation.
  • We offer high performers strong and diverse career progression, investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers).
  • Immediate access to our core benefits including pension scheme, bonus, generous holiday entitlement and private medical insurance – with flexible benefits available including season-ticket loans, cycle to work scheme and enhanced parental leave.
  • Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym, subsidised restaurant, mindfulness and music rooms. In London, you can heighten your mood with a run on our rooftop running track or an espresso at the Workshop Coffee café.

What you should know about how we recruit

We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it's about what you do, not just what you say. That's why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages.

We also partner with organisations including the Women in Finance and Race At Work Charters, Stonewall and upReach to find people from every walk of life and help them thrive with us. We have a whole host of internal networks and support groups you could be involved in, to name a few:

  • REACH – Race Equality and Culture Heritage group focuses on representation, retention and engagement for associates from minority ethnic groups and allies.
  • OutFront – to provide LGBTQ+ support for all associates.
  • Mind Your Mind – signposting support and promoting positive mental wellbeing for all.
  • Women in Tech – promoting an inclusive environment in tech.
  • EmpowHER - network of female associates and allies focusing on developing future leaders, particularly for female talent in our industry.

Capital One is committed to diversity in the workplace. If you require a reasonable adjustment, please contact ukrecruitment@capitalone.com. All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com.

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

Who We Are

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Head of Fraud Strategy in London employer: Capital One (Europe) plc

At Capital One, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As the Head of Fraud Strategy, you'll benefit from our commitment to employee growth through extensive training programmes and diverse career progression opportunities, all while enjoying a flexible hybrid working model. Our London office features inspiring facilities, including a rooftop running track and a vibrant café, making it an ideal environment for those seeking meaningful and rewarding employment.

Capital One (Europe) plc

Contact Details:

Capital One (Europe) plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Fraud Strategy in London

Tip Number 1

Network like a pro! Get out there and connect with industry folks at events or online. Building relationships can open doors that a CV just can't.

Tip Number 2

Prepare for interviews by researching the company and its fraud strategies. Show us you know your stuff and can bring fresh ideas to the table!

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role. We want to hear how you can tackle fraud challenges head-on.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are keen to join us directly.

We think you need these skills to ace Head of Fraud Strategy in London

Fraud Strategy Management
Fraud Analysis
Risk Management
Data-Driven Decision Making
Quantitative Analysis
Statistical Modelling
Business Judgement

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Fraud Strategy role. Highlight your experience in fraud management and analytics, and show how your skills align with what we're looking for at Capital One.

Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. Use data and examples to illustrate how you've successfully managed fraud strategies or improved outcomes.

Be Authentic:Let your personality shine through in your application. We value diversity and want to see the real you, so don’t be afraid to express your passion for fraud strategy and how it aligns with our mission at Capital One.

Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, your application will go straight to the right people, and you'll be one step closer to joining our team!

How to prepare for a job interview at Capital One (Europe) plc

Know Your Fraud Strategy Inside Out

Before the interview, dive deep into Capital One's current fraud strategy and recent initiatives. Familiarise yourself with their approach to fraud management and be ready to discuss how your experience aligns with their goals. This shows that you're not just interested in the role but also invested in the company's mission.

Showcase Your Analytical Skills

As the Head of Fraud Strategy, you'll need to demonstrate a strong quantitative orientation. Prepare examples from your past where you've successfully used data analysis to drive decisions or improve outcomes. Be specific about the tools and methodologies you used, as this will highlight your technical expertise.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world scenarios. Think of situations where you've had to manage fraud risks or lead a team through challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.

Emphasise Collaboration and Leadership

Capital One values teamwork and collaboration. Be prepared to discuss how you've led teams in the past, particularly in high-pressure situations. Highlight your ability to build relationships across departments and how you’ve consulted with other stakeholders to align fraud strategies with business objectives.