Fraud Prevention Manager

Fraud Prevention Manager

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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NatWest Group

At a Glance

  • Tasks: Lead a team to combat fraud and protect customers from financial crime.
  • Company: Join a leading bank dedicated to safeguarding its customers against fraud.
  • Benefits: Enjoy competitive perks, potential remote work, and opportunities for professional growth.
  • Why this job: Make a real impact in the fight against fraud while developing your skills in a dynamic environment.
  • Qualifications: Expertise in fraud prevention, data management, and strong stakeholder engagement skills required.
  • Other info: Opportunity to engage with cutting-edge technologies and industry stakeholders.

The predicted salary is between 43200 - 72000 £ per year.

Join us as a Fraud Prevention Manager

  • We’re lookingfor a fraud prevention specialist with expert knowledge of fraud and scam threats across the bank
  • Every day, you and your team will help to keep our customers safe by researching and assessing threats and socialising these with key stakeholders
  • This is your chance to make a far-reaching impact across our bank, as you deliver a fundamental part of our strategy to help us reduce criminal activities

What you’ll do

This role will see you leadingand developing a team of highly skilled analysts to improve our knowledge of the fraud threat landscape. You’ll coach and train your colleagues too, helping them to understand our franchises, products and services so they can assess fraud threats and make suggestions for fraud prevention solutions that protect our customers, processes, and products.

You’ll use visuals to convey the threat landscape, sharing data and insights in an engaging way for your stakeholders and signpost the tools that can be used to help them make important decisions.

You’ll also be:

  • Monitoring fraud trends and using your analysis to protect our customers against financial crime and loss
  • Engaging with industry stakeholders and vendors, completing horizon scanning to identify future threats
  • Providing threat advice for fraud-related projects, strategy enhancements, delivery systems, stakeholders and customer journey owners involved in real-time transactions
  • Helping report risk in different business areas, working with stakeholders to help quantify and document this
  • Support strategic fraud and product decisioning sharing threat insights and identifying potential gaps and necessary tools
  • Engaging with future technologies assess the capability, benefits and threats and presenting these to relevant stakeholder groups

The skills you’ll need

We’re looking for someone who is an expert in fraud and scam prevention and understands the application of fraud systems, statistical models, tools, and analysis techniques.

You’ll also need:

  • Knowledge of fraud prevention, fraud threat environments, and banking industry responses to fraud including legal and regulatory policies
  • An understanding of data management practices, including advanced analytics and data translations for stakeholders
  • Broad knowledge of financial services and how fraud has a wider business impact on key outputs and processes
  • An awareness of fraud in a commercial environment
  • Fantastic stakeholder management skills and the ability to build relationships with executives

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Fraud Prevention Manager employer: NatWest Group

As a leading bank, we pride ourselves on fostering a dynamic and inclusive work environment where innovation thrives. Our Fraud Prevention Manager role offers the opportunity to lead a talented team dedicated to safeguarding our customers, while benefiting from comprehensive training programmes and career advancement opportunities. Located in a vibrant city, we provide a supportive culture that values collaboration and encourages employees to make a meaningful impact in the fight against financial crime.
NatWest Group

Contact Detail:

NatWest Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Fraud Prevention Manager

✨Tip Number 1

Familiarise yourself with the latest trends in fraud prevention and financial crime. Stay updated on emerging threats and technologies by following industry news, attending webinars, or joining relevant forums. This knowledge will not only help you in interviews but also demonstrate your commitment to staying ahead in the field.

✨Tip Number 2

Network with professionals in the fraud prevention and banking sectors. Attend industry conferences or local meetups to connect with potential colleagues and stakeholders. Building these relationships can provide valuable insights and may even lead to referrals for job opportunities.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed fraud risks in previous roles. Think about situations where you identified a threat, implemented a solution, and measured its effectiveness. Being able to articulate these experiences will set you apart during discussions.

✨Tip Number 4

Showcase your analytical skills by being ready to discuss data management practices and how you've used analytics to inform decision-making. Consider preparing a brief case study or example that highlights your ability to translate complex data into actionable insights for stakeholders.

We think you need these skills to ace Fraud Prevention Manager

Expert Knowledge of Fraud Prevention
Understanding of Fraud Threat Environments
Knowledge of Banking Industry Responses to Fraud
Familiarity with Legal and Regulatory Policies
Advanced Data Management Practices
Proficiency in Statistical Models and Analysis Techniques
Ability to Monitor Fraud Trends
Strong Analytical Skills
Excellent Stakeholder Management Skills
Relationship Building with Executives
Experience in Coaching and Training Teams
Capability to Present Data Visually
Understanding of Financial Services Impact on Fraud
Engagement with Industry Stakeholders and Vendors
Horizon Scanning for Future Threats

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your expertise in fraud prevention and your experience with fraud threat analysis. Use specific examples that demonstrate your skills in managing teams and engaging with stakeholders.

Craft a Compelling Cover Letter: In your cover letter, express your passion for fraud prevention and how your background aligns with the role. Mention your understanding of the banking industry and your ability to communicate complex data insights effectively.

Showcase Relevant Skills: Emphasise your knowledge of fraud systems, statistical models, and data management practices. Provide examples of how you've successfully identified and mitigated fraud threats in previous roles.

Prepare for Potential Questions: Anticipate questions related to your experience with fraud trends and stakeholder engagement. Be ready to discuss specific strategies you've implemented to combat fraud and how you measure their effectiveness.

How to prepare for a job interview at NatWest Group

✨Showcase Your Expertise

Make sure to highlight your knowledge of fraud prevention and the various threats in the banking sector. Be prepared to discuss specific examples of how you've successfully identified and mitigated fraud risks in previous roles.

✨Engage with Data

Since the role involves using data to convey insights, come prepared with examples of how you've used analytics to inform decision-making. Discuss any tools or systems you’ve worked with that helped in monitoring fraud trends.

✨Demonstrate Stakeholder Management Skills

This position requires excellent stakeholder management. Prepare to share experiences where you've built relationships with key stakeholders, and how you communicated complex fraud-related information effectively.

✨Stay Updated on Industry Trends

Be ready to discuss current trends in fraud prevention and any emerging technologies that could impact the industry. Showing that you are proactive about staying informed will demonstrate your commitment to the role.

Fraud Prevention Manager
NatWest Group
Location: London
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