Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead fraud prevention and transaction monitoring in a dynamic payments environment.
- Company: Join a leading firm focused on compliance and financial security.
- Benefits: Competitive salary, career growth, and a supportive team culture.
- Why this job: Make a real impact in preventing fraud and enhancing financial safety.
- Qualifications: Extensive experience in fraud prevention and strong leadership skills.
- Other info: Opportunity to work in a fast-paced environment with a focus on continuous improvement.
The predicted salary is between 100000 - 100000 £ per year.
A key client of ours are seeking an experienced leader to oversee fraud prevention activities and transaction monitoring across a regulated payments environment. This role is responsible for managing the framework used to identify, assess, and respond to suspicious activity, fraud risks, and other financial crime concerns. The successful candidate will lead the ongoing development of monitoring processes and controls, helping to ensure the business operates in a compliant, effective, and commercially sustainable way.
Key responsibilities
- Lead the transaction monitoring and fraud function, ensuring effective oversight of alerts, investigations, case handling, and outcomes.
- Maintain and improve monitoring processes, controls, and governance arrangements across the business.
- Set clear escalation routes and decision-making responsibilities for higher-risk matters.
- Oversee the review and ongoing enhancement of monitoring rules, scenarios, and workflows to ensure they remain effective and proportionate.
- Support the identification and assessment of fraud and financial crime risks relevant to payments and merchant activity.
- Work with internal teams to improve monitoring capability, reporting, automation, and data quality.
- Provide input on fraud and monitoring considerations for new products, business changes, and higher-risk activity.
- Ensure reporting obligations relating to suspicious activity, fraud trends, or other monitoring matters are met accurately and on time.
- Produce and review management information to monitor team performance, control effectiveness, and emerging risks.
- Support audit and review activity by maintaining clear documentation, evidence, and action tracking.
- Lead remediation work arising from internal reviews, incidents, external feedback, or control gaps.
- Act as an escalation point for complex fraud or financial crime matters.
- Build and develop a strong team culture, with a focus on quality, accountability, and continuous improvement.
- Contribute to wider risk and resilience activity where transaction monitoring forms part of the control environment.
Skills and knowledge
- Strong understanding of fraud prevention and financial crime controls within payments or financial services.
- Good knowledge of transaction monitoring processes, alert management, and investigation practices.
- Understanding of relevant regulatory expectations and industry standards.
- Ability to assess risk, make balanced decisions, and communicate clearly with a range of stakeholders.
- Experience producing reporting and management information to support oversight and decision-making.
- Strong organisational skills and attention to detail.
Experience
- Significant experience in fraud, financial crime, transaction monitoring, or a related control function within a regulated business.
- Experience leading teams and managing people in a fast-paced environment.
- Proven ability to improve processes, strengthen controls, and support operational change.
- Experience working across multiple business functions, including compliance, operations, and technology.
- Exposure to external review, audit, or regulatory engagement would be beneficial.
For more information around company benefits please get in touch directly molly@vendtechgroup.com
Head of Fraud employer: Vend Tech Group
Contact Detail:
Vend Tech Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Fraud
✨Tip Number 1
Network like a pro! Reach out to your connections in the fraud prevention and financial crime sectors. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Showcase your expertise! Create a personal brand on LinkedIn by sharing insights about fraud prevention and transaction monitoring. This will help you stand out as a thought leader in the field.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of regulatory expectations and industry standards. Be ready to discuss how you've improved processes and strengthened controls in your previous roles.
✨Tip Number 4
Don't forget to apply through our website! We have loads of opportunities that might be perfect for you, so make sure to check them out and submit your application directly.
We think you need these skills to ace Head of Fraud
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Fraud role. Highlight your experience in fraud prevention and transaction monitoring, and don’t forget to showcase any leadership roles you've had. We want to see how you can bring your unique skills to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about fraud prevention and how your background aligns with our needs. We love seeing candidates who can communicate their vision clearly and effectively.
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just responsibilities. Did you improve a process or lead a successful project? We want to hear about it! Numbers and outcomes speak volumes.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Vend Tech Group
✨Know Your Fraud Fundamentals
Make sure you brush up on your understanding of fraud prevention and financial crime controls, especially within the payments sector. Be ready to discuss specific examples of how you've managed transaction monitoring processes and handled alerts in previous roles.
✨Showcase Your Leadership Skills
As a Head of Fraud, you'll need to demonstrate your ability to lead teams effectively. Prepare to share experiences where you've built strong team cultures, improved processes, or managed people in high-pressure environments. Highlight your approach to fostering accountability and continuous improvement.
✨Be Ready for Scenario-Based Questions
Expect questions that assess your decision-making skills in complex fraud situations. Think about past incidents you've dealt with and be prepared to explain your thought process, the actions you took, and the outcomes. This will show your ability to assess risk and communicate clearly with stakeholders.
✨Understand Regulatory Expectations
Familiarise yourself with the relevant regulatory expectations and industry standards related to fraud and financial crime. Be prepared to discuss how you've ensured compliance in your previous roles and how you would approach this in the new position. This knowledge will demonstrate your readiness to oversee compliance effectively.