At a Glance
- Tasks: Manage fraud risk assessments and ensure compliance with government standards.
- Company: Join HS2, the UK's innovative high-speed rail project.
- Benefits: Hybrid work model, competitive pay, and a chance to make a difference.
- Other info: Opportunity for professional growth in a dynamic environment.
- Why this job: Be at the forefront of tackling fraud in a major infrastructure project.
- Qualifications: Experience in fraud risk management and strong communication skills.
The predicted salary is between 50000 - 65000 £ per year.
On behalf of HS2, we are looking for a Fraud Risk Manager - Inside IR35 for a 6-month contract working on a Hybrid basis (3 days per week in Birmingham office and remaining WFH).
High Speed Two (HS2) Limited is the company responsible for developing and promoting the UK's new high speed rail network. It is funded by grant-in-aid from the government. HS2 Ltd is an executive non-departmental public body, sponsored by the Department for Transport.
Job purpose
The Reporting and Governance Manager is responsible for ensuring Government Functional Standard 013 requirements are met and documented including the management of the Fraud Risk Assessment and assurance programme together with internal management reporting.
Role of Directorate and Capability
The Counter Fraud and Investigations function reports to the Deputy Chief Financial Officer within the CFO Directorate. The Function is responsible for managing the risk of fraud, bribery and corruption within the HS2 Programme and the supply chain to provide suitable assurance that the financial and reputational risks associated with fraud, bribery and corruption are being managed in accordance with company policies, processes and current law.
Main duties and responsibilities:
- Management of the Fraud Risk Assessment (FRA) programme including completion and maintenance of detailed, thematic and enterprise assessments, together with initial fraud impact assessments.
- Undertaking fraud measurement exercises.
- Working with the Proactive Fraud Manager to incorporate data driven fraud insights into the FRA programme and operational controls.
- Liaison with risk management leads within the supply chain to ensure effective management of current and emerging risks.
- Management of and ensuring compliance with Government Functional Standard 013.
- Creation and maintenance of fraud related policies (including Gifts and Hospitality and Whistleblowing etc) and ensuring alignment with regulatory requirements and best practice.
- Internal reporting to senior management and committees.
- Design and delivery of counter fraud training to HS2 staff.
Knowledge:
- Comprehensive knowledge of FRAs (including IFIA's, detailed, thematic and enterprise) and preferably a member of the Government Counter Fraud Profession, Fraud Risk Assessment discipline.
- Knowledge of relevant Regulations and legislation, including fraud-related legislation (e.g., Fraud Act 2006, Bribery Act 2010, and ECCTA 2023).
Type of experience:
- Substantial experience in managing a FRA programme preferably in relation to construction projects, including completing and maintaining detailed, thematic and enterprise level FRAs.
- Experience in coordinating the ongoing assurance of fraud risks, managing various stakeholders and reporting progress to seniors.
- Experience of senior level reporting and working within corporate governance and risk, preferably how they relate to fraud risk oversight.
- Experience of working with a wide range of internal and external stakeholders to ensure compliance with regulatory and organisational standards.
Essential:
Fraud Risk Expertise
- Experience assessing fraud risk within complex environments (e.g. construction / supply chains).
- Ability to design, implement and maintain robust fraud risk models, metrics and assessments.
Governance, Compliance & Reporting
- Strong understanding of corporate governance and fraud-related regulatory frameworks (including Government Functional Standard 013).
- Ability to ensure compliance with relevant legislation and organisational standards.
- Experience producing clear, insightful reporting for senior stakeholders.
Policy & Controls Development
- Ability to develop and maintain fraud-related policies and translate them into effective operational processes within a matrix environment.
Stakeholder Engagement & Communication
- Proven ability to manage and influence a wide range of stakeholders (internal, external, senior leadership, regulators, suppliers).
- Strong written and verbal communication skills, including simplifying complex fraud risk concepts.
Training & Capability Building
- Ability to design, deliver and maintain effective fraud awareness and training programmes.
Please be aware that this role can only be worked within the UK and not Overseas.
In applying for this role, you acknowledge that this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs.
Fraud Risk Manager in Birmingham employer: Public Sector Resourcing
HS2 Ltd is an exceptional employer, offering a unique opportunity to contribute to the UK's transformative high-speed rail network while working in a supportive and collaborative environment. With a strong focus on employee development, HS2 provides comprehensive training programmes and encourages professional growth, all within a hybrid work model that promotes work-life balance. Located in Birmingham, employees benefit from a vibrant city atmosphere, alongside the stability and resources of a government-sponsored organisation dedicated to innovation and integrity.
StudySmarter Expert Advice🤫
We think this is how you could land Fraud Risk Manager in Birmingham
✨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 Public Sector Resourcing 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 Public Sector Resourcing!
We think you need these skills to ace Fraud Risk Manager in Birmingham
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Fraud Risk Manager, 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 Public Sector Resourcing. 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 Public Sector Resourcing
✨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 Public Sector Resourcing.
✨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 Public Sector Resourcing 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 Public Sector Resourcing.
