At a Glance
- Tasks: Lead a team to develop and optimise fraud prevention strategies using data insights.
- Company: Join NewDay, a forward-thinking company dedicated to combating fraud.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace diversity in a vibrant workplace that values your unique contributions.
- Why this job: Make a real impact in protecting customers while shaping the future of fraud strategy.
- Qualifications: Experience in transactional fraud strategy and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ per year.
At NewDay, our Fraud teams play a critical role in protecting our customers and business from evolving fraud threats. As Senior Manager, Transactional Fraud Strategy, you'll lead a team responsible for identifying emerging fraud trends, develop effective prevention strategies and enhance our fraud capabilities across the customer lifecycle.
You'll combine analytical expertise, leadership and stakeholder management to drive fraud performance, support strategic change initiatives and help shape the future direction of transactional fraud at NewDay.
How you'll contribute:
- Lead, coach and develop a team of fraud analysts, creating a high-performing culture and building analytical capability across the function.
- Develop, implement and optimise transactional fraud strategies, using data and insight to identify emerging threats and reduce fraud losses.
- Partner with teams across Fraud, Operations, Technology, Product, Risk and Change to deliver effective fraud controls whilst balancing customer experience and commercial outcomes.
- Work closely with the Fraud Platform team to enhance fraud detection capabilities and support key transformation initiatives, including card platform migration activity.
- Build strong internal and external relationships, using industry insight and thought leadership to influence fraud strategy and support business objectives.
Requirements:
- Proven experience within Transactional Fraud Strategy in Financial Services.
- Strong Analytical capability, with experience using data to develop fraud strategies and deliver actionable insights.
- Experience working with fraud detection, prevention or decisioning systems.
- Previous people leadership experience, with the ability to coach and develop high-performing teams.
- Strong stakeholder management and communication skills, with experience working across multiple business functions.
- Commercial awareness and the ability to balance fraud risk, customer outcomes and business performance.
It's a plus if you also have these skills:
- Credit Card or Retail Finance experience.
- Knowledge of end-to-end card processing and payment fraud.
- Experience working on large-scale transformation, migration or technology change programmes.
- Exposure to Fraud Intelligence activities, industry forums or external fraud networks.
- Experience partnering with fraud platform or technology teams to enhance fraud capabilities.
At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We don’t discriminate on the basis of protected characteristics or identities. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process.
Tell us if you need accommodations: We’ll put reasonable adjustments in place to support you.
We work with Textio to make our job design and hiring inclusive.
Permanent
Senior Manager, Transactional Fraud Strategy in London employer: NewDay
NewDay is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters innovation and collaboration. With a strong emphasis on employee growth, we provide ample opportunities for professional development and skill enhancement, particularly in the field of analytics. Our hybrid work environment ensures flexibility, allowing you to balance your personal and professional life while contributing to meaningful projects that drive profitability and strategic success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Transactional Fraud Strategy in London
✨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 NewDay. 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 Senior Manager, Transactional Fraud Strategy in London
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 NewDay.
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 NewDay'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 NewDay
✨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 NewDay.
✨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 NewDay 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 NewDay 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.
