Head of Fraud and Financial Crime

As Head of Fraud & Financial Crime you will be responsible for all elements of Fraud Investigation and Financial Crime monitoring for the company. You will help define or improve on Financial Crime related policies, strategies, and ensure that the business has robust systems in place to minimise Financial Crime risk across their platform. You must be able to identify, create and develop innovative ways for the team to deliver their mandate to the company and other stake holders.

As well as local ownership of Financial Crime procedures, you will work closely with Compliance to ensure the business remain compliant with current and future legislation, and applicable regulations.  You must utilise the policy given and devise procedures that meet expectations.

You will be responsible for leading and managing the team.  Set, agree and deliver on key performance indicators (KPIs). Liaise, as required, with local financial industry representatives to proactively identify Financial Crime trends and organised criminal activity. Lead and guide the wider Financial Crime team on complex investigations and potential suspicious activity, and ensure they are reviewed and resolved in accordance with established procedures internal procedures and local FIU requirements.

You will also be responsible for the chargebacks process, defining the policy and strategies for the business to manage exposure and work inline with Visa rules and other scheme rules that the businss must adhere to regarding dispute resolution.

As it continues to grow, protecting the business and customers from Fraud & Financial Crime (F&FC) risk will be crucial. The team will be instrumental in advising and educating internal stakeholders and partners on best practice and policy, working across all functions to ensure that our systems are working to full optimisation and where required, implement improvements to minimise risks.

SKILLS & KNOWLEDGE REQUIRED:

• 7 years + experience in Financial Crime management ideally in the banking and payments space, five of which should have been in a managerial or leadership position at MLRO/DMLRO level.
• Detailed understanding of Financial Crime typologies in the payments industry and current threats with reference to AML, TF, APP fraud, Sanctions evasion and wider risks.
• Demonstrable understanding of global Financial Crime regulations.
• Experience of discharging Nominated Officer responsibilities in the UK (NCA)
• Experience of managing regulatory engagement relating to Financial Crime, particularly in the UK but also in other geographies.
• Pragmatic and structured approach to leading operational teams in different geographies.
• Evidence of strategic thinking in a payments or banking environment.
• Planning and executing key Financial Crime projects, including remediation.
• Hands-on where necessary.  We are a small team but are focused on getting things done.
• Self-starting and independent with a considered approach to defining best practice.
• Experience and gravitas operating across all levels of an organisation.
• Commercially aware.
• Highly organised.
• Strong team player.
• Excellent Numeracy and Literacy skills.
• Strong IT skills, Microsoft office.
• Solutions focussed.
• Ability to work to tight deadlines.
• Educated to degree or similar standard (desirable).

There is a requirement to be in the office in Yorkshire 1 day every 2-3 weeks

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.