At a Glance
- Tasks: Lead fraud risk management and collaborate with teams to enhance prevention strategies.
- Company: Join a forward-thinking UK bank dedicated to customer safety.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with a focus on innovation and continuous improvement.
- Why this job: Make a real difference in preventing financial crime while working with cutting-edge technology.
- Qualifications: 7+ years in fraud risk management with strong analytical and partnership skills.
The predicted salary is between 70000 - 90000 £ per year.
About the role
Financial Crime Operations is at the forefront of Revolut’s efforts to keep customers and their money safe. Team members work directly with customers to resolve issues and flag potential concerns. Using cutting‑edge technology and sharp attention to detail, they help prevent financial crime and keep trust at the core of Revolut.
We’re looking for a Senior Fraud Risk Manager to partner directly with Product, Operations, Compliance, and Engineering teams to design, test, and optimise fraud prevention strategies.
What you’ll be doing:
- Owning jurisdiction‑level fraud risk and acting as the primary point of contact for fraud escalations and governance in‑market.
- Performing end‑to‑end fraud risk assessments for existing and new products and services.
- Advising and partnering with Product, Operations, Compliance, and Engineering on fraud risk exposure, scalable control design, and oversight of outsourced operational components.
- Supporting the development of tech‑enabled fraud prevention and detection solutions that can be deployed globally.
- Reviewing fraud performance data to identify emerging typologies, attack patterns, and control gaps.
- Driving root‑cause analysis and remediation of high‑loss scenarios or escalated fraud‑related complaints.
- Balancing fraud loss reduction with positive customer outcomes and friction minimisation.
- Delivering fraud MI, dashboards, and insights that support risk‑based prioritisation and decision‑making.
- Conducting QA and scenario testing of fraud interventions to drive continuous improvement.
- Preparing for future scale by shaping jurisdiction‑specific governance, performance metrics, and early leadership practices.
What you’ll need:
- 7+ years of experience in fraud risk within a 1LoD or product advisory function.
- Expertise in fraud typologies, detection strategies, and key customer risk indicators across retail and business banking.
- Demonstrated success driving measurable fraud loss reduction and control effectiveness improvements.
- Familiarity with fraud analytics, detection models, rule design, or scenario tuning.
- The ability to convert fraud risks into tech‑informed controls embedded into product experiences.
- Solid partnership skills with a track record of influence across Product, Data, Operations, and Compliance teams.
Fraud Risk Manager (UK Bank) in London employer: Revolut Ltd
Revolut is an exceptional employer, offering a dynamic work environment where innovation meets purpose. As a Senior Fraud Risk Manager, you will be at the forefront of safeguarding our customers' financial well-being, collaborating with diverse teams to develop cutting-edge fraud prevention strategies. With a strong emphasis on employee growth, a culture of continuous improvement, and the opportunity to make a meaningful impact in the financial sector, Revolut stands out as a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Fraud Risk Manager (UK Bank) in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Revolut Ltd looking for candidates who are engaged and informed.
We think you need these skills to ace Fraud Risk Manager (UK Bank) in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Revolut Ltd. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Revolut Ltd
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Revolut Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
