At a Glance
- Tasks: Design and implement strategies to combat fraud risk globally.
- Company: Join Swiss Re's dynamic Compliance team fighting financial crime.
- Benefits: Competitive salary, performance-based bonus, and hybrid work model.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a meaningful impact on global fraud risk management.
- Qualifications: 3+ years in anti-fraud roles; strong communication and analytical skills.
The predicted salary is between 76000 - 114000 £ per year.
Are you passionate about fighting financial crime and building robust frameworks to protect a global organisation? Join our dynamic Compliance team at Swiss Re where you'll play a pivotal role in designing and implementing strategies to combat fraud risk across our worldwide operations. This is your opportunity to apply your expertise in a collaborative, international environment while making a meaningful impact on our organisation's integrity and resilience.
About the Role
As our Compliance Officer - Fraud Risk Framework Owner, you'll be the driving force behind Swiss Re's global fraud risk management strategy. You'll design, oversee, and continuously enhance our fraud risk framework, leveraging your deep technical knowledge of anti-fraud controls and their application to industry to protect our organization against evolving fraud threats. This is a 12-month fixed-term position with the possibility of extension.
Key Responsibilities
- Own and enhance the global Fraud Risk Framework, including policies, standards, and processes that form the foundation of our fraud risk management approach.
- Establish operational strategies to enable effective Compliance oversight of fraud risk.
- Provide ongoing oversight of the design and effectiveness of fraud control environment.
- Monitor and assess fraud-related regulatory developments, determining their impact and defining appropriate actions.
- Lead training and awareness by developing comprehensive global training content and awareness initiatives on the fraud risk for employees, and conducting trainings.
- Advise senior stakeholders on fraud risk management topics and provide expert guidance across business units.
- Support broader Compliance initiatives including policy development, regulatory monitoring, and risk assessments.
- Contribute to Compliance reporting and oversight, ensuring transparency and informed decision-making.
About the Team
The Compliance Financial Crime Risk Frameworks (FCR) team at Swiss Re is responsible for global Compliance frameworks covering four key financial crime risks: Fraud, Bribery and Corruption, Money Laundering and Terrorist Financing, and Economic Sanctions. Our diverse team based in New York, Bratislava, and London develops, maintains, and implements global policies, standards, processes, and supporting technology to manage these risks effectively. We deliver training programs to educate employees on their responsibilities and monitor emerging risks and regulatory developments across all jurisdictions where Swiss Re operates.
About You
You're a seasoned compliance professional with deep expertise in fraud risk management. You combine technical knowledge with excellent communication skills, allowing you to influence stakeholders at all levels. You're detail-oriented yet strategic, and able to see both the big picture and the nuanced implementation requirements. You thrive in a collaborative environment but have the ability to work independently to drive fraud risk related matters.
Requirements
- University degree or equivalent qualification (legal training beneficial).
- Solid compliance experience, including at least 3 years in anti-fraud roles, preferably within insurance or financial services.
- Proven experience in utilizing organizational risk management framework towards fraud risk management. A fraud-related certification would be a strong plus.
- Hands-on experience in developing and maintaining compliance risk frameworks, particularly drafting policies, standards, and processes.
- Strong experience in developing and delivering trainings.
- Strong communication, interpersonal, and presentation skills with the ability to engage effectively with stakeholders across all seniority levels.
- Excellent organizational, analytical, and project management capabilities.
Additional Certifications / Skills
- Certified Fraud Examiner (CFE), Certified Anti‑Fraud Specialist Certification (CAFS), or another professional anti‑fraud certification.
- Knowledge of other financial crime risks (Bribery and Corruption, Money Laundering and Terrorist Financing, and Economic Sanctions).
- Additional languages beyond fluent English, especially German.
- Experience working in multinational organizations with diverse regulatory environments.
Salary
For the United Kingdom, the annual base salary range for this position is between 76,000 EUR and 114,000 EUR for a full‑time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.
Benefits
In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance‑based bonus.
Hybrid Work Model
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%) in London employer: Hispanic Alliance for Career Enhancement
Swiss Re is an exceptional employer that champions a collaborative and inclusive work culture, particularly within our Compliance team dedicated to combating financial crime. Employees benefit from a hybrid work model, competitive salary packages, and opportunities for professional growth through comprehensive training programmes and exposure to global operations. Join us in making a meaningful impact while advancing your career in a dynamic international environment.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%) in London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Hispanic Alliance for Career Enhancement when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Hispanic Alliance for Career Enhancement!
We think you need these skills to ace Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%) in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%), make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Hispanic Alliance for Career Enhancement. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Hispanic Alliance for Career Enhancement
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Hispanic Alliance for Career Enhancement.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Hispanic Alliance for Career Enhancement in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Hispanic Alliance for Career Enhancement.
