Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Investigate and manage fraud cases, analyse transactions, and implement prevention strategies.
- Company: Join a dynamic team focused on maintaining financial security and integrity.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Make a real impact by protecting people from fraud while developing your analytical skills.
- Qualifications: Strong analytical skills and adaptability to evolving fraud trends are essential.
- Other info: Ideal for those passionate about security and making a difference in the financial sector.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a diligent Fraud Investigator to identify, investigate, and mitigate fraudulent activities, including APP scams and unauthorized fund transfers. The role involves managing fraud cases in the Reimbursement Claims Management System (RCMS), analyzing suspicious transactions, and implementing strategies to prevent future fraud. Strong analytical skills and adaptability to evolving fraud trends are essential to ensure operational integrity and security.
Key Responsibilities
- Case Management: Lodge and manage fraud cases in RCMS, responding to other financial institutions within prescribed timelines.
- Investigation: Conduct thorough investigations into suspected fraud, including interviewing parties, reviewing transaction histories, KYC data, and documentation, while maintaining accurate records.
- APP Fraud Approval: Prepare detailed investigation reports for APP fraud cases and present findings to relevant authorities for approval within set timelines.
- Fraud Detection: Analyze alerts from fraud detection systems to identify suspicious activities.
- Risk Mitigation: Assess fraud risks, develop strategies to strengthen internal controls, and recommend process improvements for fraud prevention.
- Reporting: Communicate findings and recommendations to stakeholders, including management.
Fraud Operations - AM employer: UK Bank
Contact Detail:
UK Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fraud Operations - AM
✨Tip Number 1
Familiarise yourself with the latest trends in fraud detection and prevention. Understanding current tactics used by fraudsters will not only help you in interviews but also demonstrate your proactive approach to tackling fraud.
✨Tip Number 2
Network with professionals in the fraud investigation field. Attend industry events or join online forums where you can connect with others who work in similar roles. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare for situational interview questions by thinking of specific examples from your past experiences that showcase your analytical skills and adaptability. Be ready to discuss how you've handled challenging cases or implemented successful fraud prevention strategies.
✨Tip Number 4
Research StudySmarter's approach to fraud management and be prepared to discuss how your values align with ours. Showing that you understand our mission and are passionate about contributing to it can set you apart from other candidates.
We think you need these skills to ace Fraud Operations - AM
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills. Tailor your application to highlight your experience in fraud investigation, case management, and analytical skills.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or projects that involved fraud detection, risk assessment, or case management. Use specific examples to demonstrate your analytical abilities and adaptability to changing fraud trends.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your skills align with the company's needs. Mention your familiarity with systems like RCMS and your approach to investigating fraud cases.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in fraud operations.
How to prepare for a job interview at UK Bank
✨Understand the Role
Make sure you have a solid grasp of what a Fraud Investigator does. Familiarise yourself with the key responsibilities mentioned in the job description, such as case management and fraud detection. This will help you answer questions more confidently and demonstrate your genuine interest in the role.
✨Showcase Analytical Skills
Since strong analytical skills are crucial for this position, prepare examples from your past experiences where you've successfully analysed data or identified trends. Be ready to discuss how you approached these situations and the outcomes of your investigations.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific fraud cases or scenarios. Think through potential situations you might face in the role and outline your thought process for investigating and mitigating fraud. This will show your problem-solving abilities and adaptability.
✨Communicate Clearly
Effective communication is key in this role, especially when reporting findings to stakeholders. Practice articulating your thoughts clearly and concisely. You might even want to prepare a brief summary of a past investigation to demonstrate your reporting skills during the interview.
