Fraud Specialist - Remote
- Recruiter
- Jameson Legal
- Location
- Homeworking
- Salary
- £40000 - £55000 per annum
- Posted
- 23 Mar 2021
- Closes
- 20 Apr 2021
- Ref
- MBP-PL-10674
- Contact
- Jameson Legal
- Vacancy Type
- Other
- Contract
- Permanent
- Hours
- Full Time
- Practice Areas
- Banking/Finance, Capital Markets, Regulatory/Compliance
- Experience Level
- Junior Level, Mid Level
A fast-growing mobile payments fintech is looking for a fraud specialist to support the Legal, Risk and Compliance Function, which develops and provides oversight of AML/CFT, sanctions, risk management, licensing and strategic compliance matters for the firm.
As part of the Legal, Risk and Compliance team, you will play a critical role in proactively identifying, mitigating and blocking constantly evolving forms of fraud risk for the firm and enabling the firm's growth. You will have a wide remit to support the UK/EU Head of LRC in reviewing and developing the business' implementation and execution of Risk Management Frameworks, Policies and Standards.
This role can be based remotely.
Responsibilities
- Providing specialist 2LOD Fraud SME content knowledge and participating in 2LOD Risk Reviews.
- Conducting and leading investigations and reviews, and determining the action/resolution needed to close the case.
- Placing appropriate hold on accounts deemed with fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements.
- Working closely with business units and stakeholders to recommend and implement fraud prevention and detection measures and controls.
- Ensuring risk policy requirements are met, risks are being appropriately managed, accurately reported and escalated to both 1LOD and 2LOD management as appropriate.
- Providing detailed due diligence reports and rec DMLRO/MLRO with SAR preparation when suspicion has been reached.
- Consulting with the organisation's business units on fraud prevention, trends and detection/response issues/questions.
- Assisting the LRC Management team to drive the end-to-end fraud risk strategy for new & existing products.
- Coordinating the creation and implementation of processes to prevent, detect and respond to fraud, based on fraud intelligence and event analysis.
- Supporting the delivery of fraud and enterprise security education, training, and awareness programs.
- Developing relationships and working with key partners across product, engineering, data science and business teams to effectively manage fraud risk programs.
Requirements:
- Minimum of five years' experience.
- Minimum of a Bachelor's degree. An advanced degree preferred, and certification(s) from professional bodies relevant to the financial services sector will be advantageous.
- Ability to work in a fast-paced environment, along with experience operating in a second line role or corresponding control function in a Financial Services organisation.
- Broad knowledge of a consumer banking environment with a good understanding of Fraud Risks included schemes and identification methods, as well as experience of Operational Risk.
- Be a driven self-starter. The successful candidate will be joining a dedicated, hardworking team collectively motivated by their mission and vision.
- Experience working in Fintech and liaising with regulators and internal audit staff such as examinations, audit and reviews, document production, and issue responses is desirable.
For a confidential chat about this or other roles please contact Matt Pollard in the Jameson Legal London office. matt.pollard@jamesonlegal.com
Jameson Legal acts as an employment business for temporary recruitment and as an employment agency for fixed term contract and permanent recruitment.
To view a list of other current job opportunities, please visit www.jamesonlegal.com