Published on

May 22, 2024

Published on

May 22, 2024

Published on

May 22, 2024

Published on

May 22, 2024

First Party Fraud Strategy Manager

First Party Fraud Strategy Manager

First Party Fraud Strategy Manager

First Party Fraud Strategy Manager

Full-time

/

United Kingdom

/

Remote

Full-time

/

United Kingdom

/

Remote

Full-time

/

United Kingdom

/

Remote

Full-time

/

United Kingdom

/

Remote

About the job

Business Unit: Chief Operating Office - Fraud💰: £56,000 - £82,000 Per annum DOE + red-hot benefits📍: Remote - work from anywhere within the UK
Be the voice we need. Live a life more Virgin.
Our Team❤It’s an exciting time for us as we grow our Economic Crime (PROTECT) team who have a critical role to play, keeping us and our customers safe. They are our first line of defence function and responsible for day-to-day fraud and financial crime risk identification, ownership, management and control. We’re seeking an inspiring and engaging Senior Fraud Strategy Manager who is insatiably curious and isn’t afraid to challenge the status quo.
As a member of the Fraud Strategy team, you’ll be responsible for leading our efforts in detecting, preventing and mitigating First Party Fraud on our unsecured lending products (credit cards, loans, bank accounts). You’ll work closely with stakeholders in commercial, credit risk & operations to develop robust fraud strategies to prevent credit abuse risk. We’re seeking a highly skilled, innovative professional who can make an impact.
What you’ll be doing🔑 Driving the development of the first party fraud strategy and the overarching control environment to detect and prevent credit abuse.• Conducting first party fraud risk assessments to identify, assess, document first party fraud risks.• Conducting root cause analysis on first party fraud events to identify control gaps, owning the delivery of mitigating controls.• Developing, owning and monitoring a range of KRI’s in relation to first party fraud, taking ownership to resolve any breaches.• Working collaboratively with stakeholders within Fraud Analytics, Credit Risk, Operations & Commercial to ensure robust controls are in place.• Translating policy and technical standards into strategic priorities and change• Championing upstream control improvements outside of fraud systems.• Support the development of the Money Mule prevention strategy.• Keeping up to date on emerging fraud trends and techniques and incorporate findings into fraud prevention strategies.• Providing effective analytics to support business cases for fraud investment and impact assessment of non-fraud driven change within the Bank.• Keeping abreast of emerging technologies to support senior leaders in the consideration of proposals, RFPs and general industry insight to support with change and innovation.
🌟We need you to have• Proven track record of developing and implementing successful fraud prevention strategies and initiatives to prevent first party fraud.• Demonstratable experience of successfully influencing stakeholders and driving change throughout an orgainsation.• In depth knowledge of CIFAS rules and procedures in the context of first party fraud.• Significant knowledge and understanding of first party fraud risk and industry trends to identify risks that may impact our organisation.• Prior experience of successfully leading a team.• Strong Analytical and problem-solving skills, with the ability to interpret complex data and identify actionable insights.• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.• Gravitas to challenge and influence senior management to get the best outcomes.• Proficiency in one or more programming languages such as SAS, SQL, Python or R
Red Hot Rewards🎁🔥Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy moreUp to five extra paid well-being days per year20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adoptMarket-leading pensionFree private medical cover, income protection and life assuranceFlexible benefits include Cycle to Work, wellness and health assessments, and critical illnessAbility to work anywhere in the UK (where the role allows)
And there's no waiting around, you'll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can🏃‍♀️💨. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you🤝.

About the job

Business Unit: Chief Operating Office - Fraud💰: £56,000 - £82,000 Per annum DOE + red-hot benefits📍: Remote - work from anywhere within the UK
Be the voice we need. Live a life more Virgin.
Our Team❤It’s an exciting time for us as we grow our Economic Crime (PROTECT) team who have a critical role to play, keeping us and our customers safe. They are our first line of defence function and responsible for day-to-day fraud and financial crime risk identification, ownership, management and control. We’re seeking an inspiring and engaging Senior Fraud Strategy Manager who is insatiably curious and isn’t afraid to challenge the status quo.
As a member of the Fraud Strategy team, you’ll be responsible for leading our efforts in detecting, preventing and mitigating First Party Fraud on our unsecured lending products (credit cards, loans, bank accounts). You’ll work closely with stakeholders in commercial, credit risk & operations to develop robust fraud strategies to prevent credit abuse risk. We’re seeking a highly skilled, innovative professional who can make an impact.
What you’ll be doing🔑 Driving the development of the first party fraud strategy and the overarching control environment to detect and prevent credit abuse.• Conducting first party fraud risk assessments to identify, assess, document first party fraud risks.• Conducting root cause analysis on first party fraud events to identify control gaps, owning the delivery of mitigating controls.• Developing, owning and monitoring a range of KRI’s in relation to first party fraud, taking ownership to resolve any breaches.• Working collaboratively with stakeholders within Fraud Analytics, Credit Risk, Operations & Commercial to ensure robust controls are in place.• Translating policy and technical standards into strategic priorities and change• Championing upstream control improvements outside of fraud systems.• Support the development of the Money Mule prevention strategy.• Keeping up to date on emerging fraud trends and techniques and incorporate findings into fraud prevention strategies.• Providing effective analytics to support business cases for fraud investment and impact assessment of non-fraud driven change within the Bank.• Keeping abreast of emerging technologies to support senior leaders in the consideration of proposals, RFPs and general industry insight to support with change and innovation.
🌟We need you to have• Proven track record of developing and implementing successful fraud prevention strategies and initiatives to prevent first party fraud.• Demonstratable experience of successfully influencing stakeholders and driving change throughout an orgainsation.• In depth knowledge of CIFAS rules and procedures in the context of first party fraud.• Significant knowledge and understanding of first party fraud risk and industry trends to identify risks that may impact our organisation.• Prior experience of successfully leading a team.• Strong Analytical and problem-solving skills, with the ability to interpret complex data and identify actionable insights.• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.• Gravitas to challenge and influence senior management to get the best outcomes.• Proficiency in one or more programming languages such as SAS, SQL, Python or R
Red Hot Rewards🎁🔥Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy moreUp to five extra paid well-being days per year20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adoptMarket-leading pensionFree private medical cover, income protection and life assuranceFlexible benefits include Cycle to Work, wellness and health assessments, and critical illnessAbility to work anywhere in the UK (where the role allows)
And there's no waiting around, you'll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can🏃‍♀️💨. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you🤝.

About the job

Business Unit: Chief Operating Office - Fraud💰: £56,000 - £82,000 Per annum DOE + red-hot benefits📍: Remote - work from anywhere within the UK
Be the voice we need. Live a life more Virgin.
Our Team❤It’s an exciting time for us as we grow our Economic Crime (PROTECT) team who have a critical role to play, keeping us and our customers safe. They are our first line of defence function and responsible for day-to-day fraud and financial crime risk identification, ownership, management and control. We’re seeking an inspiring and engaging Senior Fraud Strategy Manager who is insatiably curious and isn’t afraid to challenge the status quo.
As a member of the Fraud Strategy team, you’ll be responsible for leading our efforts in detecting, preventing and mitigating First Party Fraud on our unsecured lending products (credit cards, loans, bank accounts). You’ll work closely with stakeholders in commercial, credit risk & operations to develop robust fraud strategies to prevent credit abuse risk. We’re seeking a highly skilled, innovative professional who can make an impact.
What you’ll be doing🔑 Driving the development of the first party fraud strategy and the overarching control environment to detect and prevent credit abuse.• Conducting first party fraud risk assessments to identify, assess, document first party fraud risks.• Conducting root cause analysis on first party fraud events to identify control gaps, owning the delivery of mitigating controls.• Developing, owning and monitoring a range of KRI’s in relation to first party fraud, taking ownership to resolve any breaches.• Working collaboratively with stakeholders within Fraud Analytics, Credit Risk, Operations & Commercial to ensure robust controls are in place.• Translating policy and technical standards into strategic priorities and change• Championing upstream control improvements outside of fraud systems.• Support the development of the Money Mule prevention strategy.• Keeping up to date on emerging fraud trends and techniques and incorporate findings into fraud prevention strategies.• Providing effective analytics to support business cases for fraud investment and impact assessment of non-fraud driven change within the Bank.• Keeping abreast of emerging technologies to support senior leaders in the consideration of proposals, RFPs and general industry insight to support with change and innovation.
🌟We need you to have• Proven track record of developing and implementing successful fraud prevention strategies and initiatives to prevent first party fraud.• Demonstratable experience of successfully influencing stakeholders and driving change throughout an orgainsation.• In depth knowledge of CIFAS rules and procedures in the context of first party fraud.• Significant knowledge and understanding of first party fraud risk and industry trends to identify risks that may impact our organisation.• Prior experience of successfully leading a team.• Strong Analytical and problem-solving skills, with the ability to interpret complex data and identify actionable insights.• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.• Gravitas to challenge and influence senior management to get the best outcomes.• Proficiency in one or more programming languages such as SAS, SQL, Python or R
Red Hot Rewards🎁🔥Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy moreUp to five extra paid well-being days per year20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adoptMarket-leading pensionFree private medical cover, income protection and life assuranceFlexible benefits include Cycle to Work, wellness and health assessments, and critical illnessAbility to work anywhere in the UK (where the role allows)
And there's no waiting around, you'll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can🏃‍♀️💨. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you🤝.

About the job

Business Unit: Chief Operating Office - Fraud💰: £56,000 - £82,000 Per annum DOE + red-hot benefits📍: Remote - work from anywhere within the UK
Be the voice we need. Live a life more Virgin.
Our Team❤It’s an exciting time for us as we grow our Economic Crime (PROTECT) team who have a critical role to play, keeping us and our customers safe. They are our first line of defence function and responsible for day-to-day fraud and financial crime risk identification, ownership, management and control. We’re seeking an inspiring and engaging Senior Fraud Strategy Manager who is insatiably curious and isn’t afraid to challenge the status quo.
As a member of the Fraud Strategy team, you’ll be responsible for leading our efforts in detecting, preventing and mitigating First Party Fraud on our unsecured lending products (credit cards, loans, bank accounts). You’ll work closely with stakeholders in commercial, credit risk & operations to develop robust fraud strategies to prevent credit abuse risk. We’re seeking a highly skilled, innovative professional who can make an impact.
What you’ll be doing🔑 Driving the development of the first party fraud strategy and the overarching control environment to detect and prevent credit abuse.• Conducting first party fraud risk assessments to identify, assess, document first party fraud risks.• Conducting root cause analysis on first party fraud events to identify control gaps, owning the delivery of mitigating controls.• Developing, owning and monitoring a range of KRI’s in relation to first party fraud, taking ownership to resolve any breaches.• Working collaboratively with stakeholders within Fraud Analytics, Credit Risk, Operations & Commercial to ensure robust controls are in place.• Translating policy and technical standards into strategic priorities and change• Championing upstream control improvements outside of fraud systems.• Support the development of the Money Mule prevention strategy.• Keeping up to date on emerging fraud trends and techniques and incorporate findings into fraud prevention strategies.• Providing effective analytics to support business cases for fraud investment and impact assessment of non-fraud driven change within the Bank.• Keeping abreast of emerging technologies to support senior leaders in the consideration of proposals, RFPs and general industry insight to support with change and innovation.
🌟We need you to have• Proven track record of developing and implementing successful fraud prevention strategies and initiatives to prevent first party fraud.• Demonstratable experience of successfully influencing stakeholders and driving change throughout an orgainsation.• In depth knowledge of CIFAS rules and procedures in the context of first party fraud.• Significant knowledge and understanding of first party fraud risk and industry trends to identify risks that may impact our organisation.• Prior experience of successfully leading a team.• Strong Analytical and problem-solving skills, with the ability to interpret complex data and identify actionable insights.• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.• Gravitas to challenge and influence senior management to get the best outcomes.• Proficiency in one or more programming languages such as SAS, SQL, Python or R
Red Hot Rewards🎁🔥Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy moreUp to five extra paid well-being days per year20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adoptMarket-leading pensionFree private medical cover, income protection and life assuranceFlexible benefits include Cycle to Work, wellness and health assessments, and critical illnessAbility to work anywhere in the UK (where the role allows)
And there's no waiting around, you'll enjoy these benefits from day one.
Feeling insatiably curious about this role? Apply as soon as you can🏃‍♀️💨. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you🤝.

Virgin Money

United Kingdom

Visit Company Website

Virgin Money

United Kingdom

Visit Company Website

Virgin Money

United Kingdom

Visit Company Website

Virgin Money

United Kingdom

Visit Company Website

About Company

A proud member of the Virgin Group, we strive to create positive experiences for our millions of customers. Our purpose, Making You Happier About Money, guides the way we do business every day and is the (Virgin) red thread that weaves throughout every decision we make.And we're all-in on it, from our values and behaviours to the products we offer and the experiences we create. We offer market-leading products and services to meet the full range of our 6.6m customers' retail and business banking needs via our leading technology platform, telephone banking and a national network of innovative stores and business banking centres.We're looking to the future – digitising our processes and revolutionising our services. We believe in doing banking differently, coming up with big ideas and working together. We all live our best lives when we can be ourselves, do incredible things, see the possibilities, and feel fired up.Live to make a difference. Live a life that suits you. Live a life more Virgin.

Total Employees

4,667

Company 2-Year Growth

0%

Median Employee Tenure

4.6 years

Because no one goes to school
for fighting fraud.