At a Glance
- Tasks: Design and implement strategies to combat fraud risk globally.
- Company: Join Swiss Re's dynamic Compliance team fighting financial crime.
- Benefits: Competitive salary, performance-based bonus, and hybrid work model.
- Other info: Opportunity for career growth in a collaborative international environment.
- Why this job: Make a meaningful impact on global fraud risk management.
- Qualifications: 3+ years in anti-fraud roles; strong communication and project management skills.
The predicted salary is between 76000 - 114000 € per year.
Are you passionate about fighting financial crime and building robust frameworks to protect a global organisation? Join our dynamic Compliance team at Swiss Re where you'll play a pivotal role in designing and implementing strategies to combat fraud risk across our worldwide operations. This is your opportunity to apply your expertise in a collaborative, international environment while making a meaningful impact on our organisation's integrity and resilience.
About the Role
As our Compliance Officer - Fraud Risk Framework Owner, you'll be the driving force behind Swiss Re's global fraud risk management strategy. You'll design, oversee, and continuously enhance our fraud risk framework, leveraging your deep technical knowledge of anti-fraud controls and their application to industry to protect our organization against evolving fraud threats. This is a 12-month fixed-term position with the possibility of extension.
Key Responsibilities
- Own and enhance the global Fraud Risk Framework, including policies, standards, and processes that form the foundation of our fraud risk management approach.
- Establish operational strategies to enable effective Compliance oversight of fraud risk.
- Provide ongoing oversight of the design and effectiveness of fraud control environment.
- Monitor and assess fraud-related regulatory developments, determining their impact and defining appropriate actions.
- Lead training and awareness by developing comprehensive global training content and awareness initiatives on the fraud risk for employees, and conducting trainings.
- Advise senior stakeholders on fraud risk management topics and provide expert guidance across business units.
- Support broader Compliance initiatives including policy development, regulatory monitoring, and risk assessments.
- Contribute to Compliance reporting and oversight, ensuring transparency and informed decision-making.
About the Team
The Compliance Financial Crime Risk Frameworks (FCR) team at Swiss Re is responsible for global Compliance frameworks covering four key financial crime risks: Fraud, Bribery and Corruption, Money Laundering and Terrorist Financing, and Economic Sanctions. Our diverse team based in New York, Bratislava, and London develops, maintains, and implements global policies, standards, processes, and supporting technology to manage these risks effectively. We deliver training programs to educate employees on their responsibilities and monitor emerging risks and regulatory developments across all jurisdictions where Swiss Re operates.
About You
You're a seasoned compliance professional with deep expertise in fraud risk management. You combine technical knowledge with excellent communication skills, allowing you to influence stakeholders at all levels. You're detail-oriented yet strategic, and able to see both the big picture and the nuanced implementation requirements. You thrive in a collaborative environment but have the ability to work independently to drive fraud risk related matters.
Requirements
- University degree or equivalent qualification (legal training beneficial).
- Solid compliance experience, including at least 3 years in anti-fraud roles, preferably within insurance or financial services.
- Proven experience in utilizing organizational risk management framework towards fraud risk management.
- A fraud-related certification would be a strong plus.
- Hands‑on experience in developing and maintaining compliance risk frameworks, particularly drafting policies, standards, and processes.
- Strong experience in developing and delivering trainings.
- Strong communication, interpersonal, and presentation skills with the ability to engage effectively with stakeholders across all seniority levels.
- Excellent organizational, analytical, and project management capabilities.
Additional Certifications / Skills
- Certified Fraud Examiner (CFE), Certified Anti‑Fraud Specialist Certification (CAFS), or another professional anti‑fraud certification.
- Knowledge of other financial crime risks (Bribery and Corruption, Money Laundering and Terrorist Financing, and Economic Sanctions).
- Additional languages beyond fluent English, especially German.
- Experience working in multinational organizations with diverse regulatory environments.
Salary
For the United Kingdom, the annual base salary range for this position is between 76,000 EUR and 114,000 EUR for a full‑time role. The specific salary offered considers: the requirements, scope, complexity and responsibilities of the role the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.
Benefits
In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance‑based bonus.
Hybrid Work Model
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%) employer: Swiss Re
Swiss Re is an exceptional employer that champions a collaborative and inclusive work culture, particularly within our Compliance team dedicated to combating financial crime. Employees benefit from a robust hybrid work model, competitive salary packages, and opportunities for professional growth through comprehensive training initiatives. Join us in New York, where you can make a meaningful impact on global fraud risk management while working alongside a diverse team of experts.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%)
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and fraud risk space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of fraud risk management. Be ready to discuss your past experiences and how they relate to the role at Swiss Re. Practice common interview questions with a friend to boost your confidence.
✨Tip Number 3
Showcase your expertise! Create a portfolio that highlights your achievements in compliance and fraud risk management. Include any training materials you've developed or policies you've implemented. This will set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Swiss Re. Let’s make an impact together!
We think you need these skills to ace Compliance Officer - Fraud Risk (12-month fixed-term contract, 80-100%)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Compliance Officer role. Highlight your anti-fraud experience and any relevant certifications to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about fighting financial crime. Share specific examples of how you've contributed to fraud risk management in the past.
Showcase Your Communication Skills:Since this role involves advising senior stakeholders, it's crucial to demonstrate your communication prowess. Use clear and concise language in your application to show us you can engage effectively at all levels.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Swiss Re
✨Know Your Fraud Risk Frameworks
Make sure you brush up on your knowledge of fraud risk management frameworks. Be ready to discuss how you've developed or enhanced similar frameworks in the past, and think about specific examples that showcase your expertise in anti-fraud controls.
✨Prepare for Stakeholder Engagement
Since you'll be advising senior stakeholders, practice articulating complex compliance topics in a clear and concise manner. Think about how you can demonstrate your communication skills and ability to influence decision-making during the interview.
✨Showcase Your Training Experience
Highlight your experience in developing and delivering training content. Prepare to discuss how you've successfully raised awareness around fraud risk in previous roles, and consider bringing examples of training materials you've created.
✨Stay Updated on Regulatory Developments
Familiarise yourself with recent regulatory changes related to fraud risk. Be prepared to discuss how these developments could impact the organisation and what proactive measures you would recommend to address them.
