At a Glance
- Tasks: Investigate fraud alerts and enhance detection systems to protect clients and the business.
- Company: Join Kord, a fast-growing fintech revolutionising client onboarding and compliance.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to innovation and excellence.
- Why this job: Make a real impact in the fight against financial crime while developing your skills.
- Qualifications: 4+ years in fraud analysis or financial crime investigation, with strong analytical skills.
The predicted salary is between 55000 - 65000 £ per year.
About Kord
Kord is an FCA-regulated fintech that helps regulated businesses across the UK bring client onboarding and client money together in one place. Through KYC, Anti-Money Laundering (AML) and identity checks, secure digital wallets and dedicated client money accounts, we help firms verify who they are dealing with and handle funds safely and reliably. We recently closed a £6.4m Series A funding round, a milestone we are grateful for and one we treat as a responsibility rather than a finish line. As we grow, so do the number of clients we serve and the complexity of what we handle, and keeping Kord, our clients and the people who rely on our platform safe from fraud and financial crime matters more than ever.
The role
We are looking for a data-driven, hands-on Fraud Analyst to join our expanding compliance team. You will work directly alongside our MLRO, Head of Compliance and two existing analysts. Your primary focus will be running end-to-end reviews of transaction monitoring alerts, mitigating fraud risk, and improving our detection systems to protect both our genuine clients and the business.
Key Responsibilities
- Alert investigation and case management
- End-to-end review: Carry out daily, hands-on investigations of transaction monitoring alerts, in line with Kord's internal policies and our anti-money laundering (AML) and counter-terrorist financing (CTF) obligations.
- Case disposition: Analyse complex transactional data to close alerts accurately, or escape high-risk, suspicious activity to the MLRO.
- Fraud mitigation: Identify and investigate emerging fraud typologies, account takeover (ATO) attempts, and unusual payment patterns across our e-wallet and embedded account ecosystems.
- System optimisation and collaboration
- Tech stack: Make full use of advanced risk tools, including LexisNexis, automated compliance monitoring systems, and behavioural fraud and biometric verification tools.
- False positive reduction: Review alert performance to reduce false positives, keeping the experience smooth for genuine clients without increasing risk.
- Framework evolution: Feed practical insights to the MLRO and Head of Compliance to tune rules and strengthen Kord's transaction monitoring framework.
- Team support: Work closely with the other two analysts to share knowledge, spread the workload, and keep standards high.
Experience Requirements and qualifications
- Banking or EMI experience: at least 4 years in fraud analysis or financial crime investigation within banking, ideally an EMI (PSP or a fast-paced fintech environment also welcome).
- Product knowledge: A solid understanding of payment flows for e-wallets, embedded finance, cross-border payments or banking-as-a-service (BaaS).
Technical skills
- Tool proficiency: Hands-on experience with LexisNexis (or equivalent screening tools), automated compliance monitoring software, and biometric or identity verification systems.
- Data literacy: Strong analytical skills, with the ability to read raw payment data and spot trends or anomalies.
Core competencies
- Communication: Able to document investigative findings clearly and explain risk rationale to the MLRO and senior management.
- Adaptability: Comfortable in a growing team where processes evolve quickly.
Please note: Kord is unable to offer visa sponsorship for this role. Candidates must have the right to work in the UK without sponsorship. Kord is an equal opportunities employer. We welcome applications from all backgrounds and are committed to building a diverse and inclusive team.
Fraud Analyst employer: Kord
Kord is an exceptional employer, offering a unique opportunity to lead and build the marketing function within a mission-driven fintech at a pivotal growth stage. With a strong commitment to employee development, flexible working arrangements, and a culture that values diverse perspectives, Kord empowers its team members to influence major decisions and grow alongside the business. Join us to make a meaningful impact in a dynamic environment where your contributions are recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Fraud Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Kord. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Fraud Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Kord.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Kord's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Kord
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Kord.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Kord will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Kord employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
