At a Glance
- Tasks: Lead fraud strategy and analysis for a dynamic financial services company.
- Company: Join Capital One, a leader in innovative banking solutions.
- Benefits: Enjoy competitive pay, flexible working, and extensive career development opportunities.
- Other info: Be part of a diverse team committed to inclusion and personal growth.
- Why this job: Make a real impact in fraud prevention while shaping the future of banking.
- Qualifications: Experience in fraud strategy and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ 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 Loughborough employer: Capital One UK
Contact Detail:
Capital One UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Fraud Strategy in Loughborough
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the industry. Attend events, join forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your expertise! Prepare to discuss your experience managing fraud strategies and how you've tackled challenges in the past. Use real examples to demonstrate your skills and make sure to highlight your analytical prowess during interviews.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies you’re interested in, like Capital One, and express your enthusiasm for their work. A little initiative can go a long way in landing that dream role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team. So, get your CV polished and hit that apply button!
We think you need these skills to ace Head of Fraud Strategy in Loughborough
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 us how your skills align with our needs.
Showcase Your Achievements: Don’t just list your responsibilities; we want to see your impact! Use specific examples of how you’ve improved fraud outcomes or managed teams effectively in your previous roles.
Be Authentic: Let your personality shine through in your application. We value diversity and want to know what makes you unique. Share your story and how it connects to 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 be seen by the right people, and you’ll be one step closer to joining our team!
How to prepare for a job interview at Capital One UK
✨Know Your Fraud Strategy Inside Out
Before the interview, dive deep into Capital One's current fraud strategy. Understand their approach to risk management and be ready to discuss how your experience aligns with their goals. This shows you’re not just interested in the role but also invested in the company’s mission.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used data to drive decisions in fraud management. Bring along metrics or outcomes from your previous roles that highlight your quantitative skills. This will demonstrate your ability to combine business insights with analytical prowess.
✨Be Ready for Scenario-Based Questions
Expect questions that ask how you would handle specific fraud-related scenarios. Think through potential challenges and solutions beforehand. This will help you articulate your thought process and decision-making skills effectively during the interview.
✨Emphasise Team Leadership Experience
As a Head of Fraud Strategy, you'll be managing a team. Be prepared to discuss your leadership style and how you've supported your team in achieving excellence. Share examples of how you've fostered collaboration and driven results, which is crucial for this role.