Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Develop and maintain fraud risk management frameworks and provide oversight across payment flows.
- Company: Regulated BaaS and embedded finance business with a focus on innovation.
- Benefits: Hybrid working, competitive salary, and the chance to influence key decisions.
- Other info: Ideal for those seeking ownership and influence in a dynamic environment.
- Why this job: Make a real impact in fraud prevention without team management responsibilities.
- Qualifications: Senior experience in fraud prevention within payments or fintech is essential.
The predicted salary is between 80000 - 100000 £ per year.
London (Hybrid)
Do you have deep expertise in fraud risk oversight within payments or fintech? Have you operated in a second line of defence function, building frameworks and challenging first line controls? Are you looking for a senior role where the focus is entirely on fraud expertise rather than team management? If yes, this could be worth a closer look.
We are working with a regulated BaaS and embedded finance business operating across multiple markets to appoint a Head of Fraud and Risk Oversight. This is an individual contributor position and is ideal for an experienced fraud professional who wants to apply deep expertise at a senior level.
What You Will Be Responsible For
- Developing and maintaining the fraud risk management framework, policies and procedures
- Providing second line oversight across products, customer segments and payment flows
- Reviewing and challenging fraud controls, transaction monitoring rules and detection mechanisms
- Conducting fraud risk assessments and identifying control weaknesses and process gaps
- Overseeing QA and control testing of first line fraud operations and investigations
- Maintaining fraud risk reporting and MI for senior management and governance committees
- Acting as the internal subject matter expert on fraud risk across the business
What We Are Looking For
- Senior level experience in fraud prevention and risk management within payments, fintech or banking
- Second line of defence background, risk oversight, compliance or control testing
- Strong understanding of fraud typologies relevant to payments, including APP fraud
- Experience developing or overseeing fraud frameworks and risk assessments
- An individual contributor mindset, comfortable operating without direct reports
- Confident communicator, able to challenge constructively and engage at board level
If you are a senior fraud specialist looking for influence and ownership without management responsibility, this is a rare position worth exploring.
Head of Fraud and Risk Oversight | Payments & Fintech in City of London employer: Mostyn Chase
Contact Detail:
Mostyn Chase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Fraud and Risk Oversight | Payments & Fintech in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the payments and fintech space. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Show off your expertise! Prepare to discuss your experience in fraud risk oversight during interviews. Bring examples of frameworks you've built or challenges you've faced. This is your chance to shine and demonstrate why you're the perfect fit for the role.
✨Tip Number 3
Don’t forget to research the company! Understand their products, customer segments, and payment flows. This will help you tailor your conversations and show that you’re genuinely interested in how you can contribute to their fraud risk management efforts.
✨Tip Number 4
Apply through our website! We make it easy for you to showcase your skills and experience directly to the hiring team. Plus, it shows your enthusiasm for the position and gives you a better chance of standing out from the crowd.
We think you need these skills to ace Head of Fraud and Risk Oversight | Payments & Fintech in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your deep expertise in fraud risk oversight, especially within payments or fintech. We want to see how your experience aligns with the specific responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this individual contributor role. Share examples of how you've developed fraud frameworks and conducted risk assessments in the past.
Showcase Your Communication Skills: Since this role involves engaging at board level, it's crucial to demonstrate your confident communication style. We recommend including instances where you've successfully challenged controls or influenced decisions in your application.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding the position!
How to prepare for a job interview at Mostyn Chase
✨Know Your Fraud Frameworks
Make sure you’re well-versed in the latest fraud risk management frameworks and policies. Brush up on your knowledge of APP fraud and other relevant typologies, as this will show your expertise and readiness to take on the role.
✨Prepare for Scenario Questions
Expect questions that ask you to review and challenge fraud controls or conduct risk assessments. Prepare specific examples from your past experience where you successfully identified control weaknesses or improved processes.
✨Showcase Your Communication Skills
As an individual contributor, you’ll need to communicate effectively with senior management and governance committees. Practice articulating complex fraud concepts clearly and confidently, demonstrating your ability to engage at a board level.
✨Research the Company’s Market Position
Understand the company’s position within the BaaS and embedded finance landscape. Familiarise yourself with their products and customer segments, so you can discuss how your expertise aligns with their specific needs and challenges.