Job Details
Your newpany
One of the largest banks in the world, with a significant presence in the global market, is currently looking for a Fraud Management Specialist to join their brand-new FCC department as an Associate VP. The bank is known for itsprehensive financial services and a strong international network. They have a diverse business model that includes a variety of financial products and services, catering to both individual and corporate clients.
The successful candidate for the Fraud Specialist role will be weed into a vibrant and diverse cultural environment, working alongside highly respected and high-caliber individuals. This position offers the unique opportunity to help build out a new function within the bank, contributing to the development and implementation of cutting-edge fraud prevention strategies.
Your new role
The Fraud Specialist role is a key position within the bank’s first line of defence, playing a crucial part in the overall integrity and security of the institution. The responsibilities for this role include:Customer Due Diligence (CDD):
Conducting thorough background checks and verifying customer information to prevent fraudulent activities.
Fraud Prevention:
Implementing strategies and systems to detect and prevent fraudulent transactions.
Sanctions Screening:
Ensuringpliance with global sanctions by screening customers and transactions against watchlists.
Transaction Monitoring:
Continuously monitoring customer transactions to identify and investigate suspicious activities.
Centralized Fraud Prevention:
Managing a centralised system for fraud prevention across the bank’s operations.
Risk Management:
Assessing and mitigating financial risks related to fraud.
Management Information (MI) Reports:
Producing detailed reports that provide insights into fraud trends, risks, and prevention measures.
Case Escalation:
Escalating high-risk orplex fraud cases to the appropriate departments or authorities.
Investigations:
Conducting in-depth investigations into escalated cases to uncover and address the root cause of fraud.
What you'll need to succeed
The ideal candidate for the Fraud Specialist role will possess a robustbination of qualifications, experience, and knowledge in the following areas:Fraud-Related Certification:
Holding professional certifications related to fraud detection, prevention, and management.
Banking Operations Experience:
Demonstrating a solid background in banking operations, with a clear understanding of the inner workings of retail and wholesale banking environments.
Fraud Risk Management Experience:
Having hands-on experience in fraud risk management, with a proven track record of effectively managing and mitigating fraud risks.
Regulatory Knowledge:
Being well-versed in PSD2, PSR, and other payments regulations, as well as AML/CTF legislative requirements, ensuringpliance in all fraud-related activities.
Analytical Skills:
Exhibiting strong analytical abilities to scrutinise data and identify patterns indicative of fraudulent behaviour. Possessing excellentmunication skills to articulate findings, escalate cases, and collaborate with teams across the bank.
What you'll get in return
The chosen Fraud Specialist will join a dynamic, multicultural team of esteemed professionals to pioneer a new department within the bank. They’ll have the chance for career growth, enjoy excellent benefits, and work flexibly with a hybrid schedule, fostering both professional development and personal well-being.
One of the largest banks in the world, with a significant presence in the global market, is currently looking for a Fraud Management Specialist to join their brand-new FCC department as an Associate VP. The bank is known for itsprehensive financial services and a strong international network. They have a diverse business model that includes a variety of financial products and services, catering to both individual and corporate clients.
The successful candidate for the Fraud Specialist role will be weed into a vibrant and diverse cultural environment, working alongside highly respected and high-caliber individuals. This position offers the unique opportunity to help build out a new function within the bank, contributing to the development and implementation of cutting-edge fraud prevention strategies.
Your new role
The Fraud Specialist role is a key position within the bank’s first line of defence, playing a crucial part in the overall integrity and security of the institution. The responsibilities for this role include:
Conducting thorough background checks and verifying customer information to prevent fraudulent activities.
Implementing strategies and systems to detect and prevent fraudulent transactions.
Ensuringpliance with global sanctions by screening customers and transactions against watchlists.
Continuously monitoring customer transactions to identify and investigate suspicious activities.
Managing a centralised system for fraud prevention across the bank’s operations.
Assessing and mitigating financial risks related to fraud.
Producing detailed reports that provide insights into fraud trends, risks, and prevention measures.
Escalating high-risk orplex fraud cases to the appropriate departments or authorities.
Conducting in-depth investigations into escalated cases to uncover and address the root cause of fraud.
The ideal candidate for the Fraud Specialist role will possess a robustbination of qualifications, experience, and knowledge in the following areas:
Holding professional certifications related to fraud detection, prevention, and management.
Demonstrating a solid background in banking operations, with a clear understanding of the inner workings of retail and wholesale banking environments.
Having hands-on experience in fraud risk management, with a proven track record of effectively managing and mitigating fraud risks.
Being well-versed in PSD2, PSR, and other payments regulations, as well as AML/CTF legislative requirements, ensuringpliance in all fraud-related activities.
Exhibiting strong analytical abilities to scrutinise data and identify patterns indicative of fraudulent behaviour.
What you'll get in return
The chosen Fraud Specialist will join a dynamic, multicultural team of esteemed professionals to pioneer a new department within the bank. They’ll have the chance for career growth, enjoy excellent benefits, and work flexibly with a hybrid schedule, fostering both professional development and personal well-being.
