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- Tasks: Join us as a Compliance Manager to tackle fraud prevention and ensure regulatory compliance.
- Company: Work with a leading multinational Corporate and Retail banking company in the City.
- Benefits: Competitive pay based on skills, with opportunities for growth and development.
- Why this job: Make a real impact in financial crime prevention while working in a dynamic team environment.
- Qualifications: Experience in fraud management and strong analytical skills are essential; banking background preferred.
- Other info: This is a 6-month fixed-term contract role with potential for future opportunities.
The predicted salary is between 36000 - 60000 £ per year.
2 weeks ago Be among the first 25 applicants
Compliance Professionals provided pay range
This range is provided by Compliance Professionals. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
***6 month FTC role***
THE COMPANY:
Our client is a multinational Corporate and Retail banking company based in the City. They are looking for a Compliance Manager – Fraud Prevention to join the team on an FTC basis.
THE RESPONSIBILITIES:
- Have a good understanding of and remain up to date on relevant regulatory requirements and their application in Anti-Money Laundering legislation, Proceeds of Crime Act and Fraud Act.
- Manage Production Orders and other related orders from external agencies i.e HMRC, Law enforcement agencies and enquiries received from regulators and ensure they are dealt with in a timely manner.
- Provide support to the Financial Crime Prevention Team and other departments within the Bank in relation to fraud queries, referrals and guidance.
- Review and conduct timely investigations into allegations of First party fraud, Third Party fraud, internal fraud and Fraud / KYC / AML alerts generated from the Banks fraud prevention systems (including debit card fraud).
- Produce periodic and ad hoc management information (MI) and reports on Fraud.
- Identify and analyse fraud data to uncover new and current trends and patterns.
- Complete Suspicious Activity Reports (SARs) administration, evaluation and reporting.
- Assist in the development and delivery of FCP training.
- Preparation of policies and processes and help with their implementation to prevent fraud.
- Provide reports to the Head of Compliance and the management and Board Committees on fraud related matters.
- Point of contact for CIFAS related matters. Manage CIFAS loadings and reviews, ensuring provisions of the Immigration Act are being met by the Bank and oversee quarterly checks.
- To undertake other Compliance related projects as directed by the Head of Compliance.
EXPERIENCE REQUIRED:
- Good understanding of Fraud management policies.
- Good understanding of debit card fraud investigation.
- Good analytical and communication skills and problem solving.
- Banking background preferred.
- Ability to work to tight deadlines.
- High level of accuracy and attention to detail.
- Able to work independently and as a part of a team.
- Able to deal with internal and external referrals in a timely manner.
For further information please contact Hannah Tabatabai.
Seniority level
Mid-Senior level
Employment type
Contract
Job function
Finance
Industries
Financial Services, Banking, and Investment Banking
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Compliance Manager- Fraud Prevention employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager- Fraud Prevention
✨Tip Number 1
Familiarize yourself with the latest regulations and legislation related to Anti-Money Laundering, the Proceeds of Crime Act, and the Fraud Act. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the compliance and fraud prevention sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organizations.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled fraud investigations or compliance challenges in the past. Highlight your analytical skills and attention to detail, as these are crucial for the role.
✨Tip Number 4
Research the company’s approach to fraud prevention and compliance. Understanding their policies and practices will allow you to tailor your responses during the interview and show that you're genuinely interested in contributing to their team.
We think you need these skills to ace Compliance Manager- Fraud Prevention
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Compliance Manager - Fraud Prevention position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your relevant experience in fraud management, compliance, and banking. Use specific examples that demonstrate your analytical skills and attention to detail.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for this role. Mention your understanding of regulatory requirements and your experience with fraud investigations, as well as your ability to work under tight deadlines.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A high level of accuracy is crucial in compliance roles, so make sure your application reflects that.
How to prepare for a job interview at Compliance Professionals
✨Know Your Regulations
Make sure you have a solid understanding of the relevant regulatory requirements, especially in Anti-Money Laundering legislation and the Fraud Act. Be prepared to discuss how these regulations apply to the role and share any experiences you've had in navigating them.
✨Showcase Your Analytical Skills
Since the role involves identifying and analyzing fraud data, be ready to demonstrate your analytical skills. Prepare examples of how you've successfully analyzed data in the past to uncover trends or solve problems related to fraud.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you managed fraud investigations or dealt with compliance issues, and be ready to explain your thought process and actions taken.
✨Highlight Team Collaboration
This position requires working closely with various departments. Be sure to highlight your ability to collaborate effectively with others, providing examples of how you've worked as part of a team to achieve compliance goals or resolve fraud-related issues.
