The Fraud Risk team is response for the development and embedding of a robust Fraud Risk Management Framework across the UK to protect the Bank and its customers.
The role holder will be responsible for providing expert advice, guidance and oversight of the UK business in line with the UK and Group Risk Framework and in accordance with internal and regulatory requirements.
Support the development and embedding of the UK Fraud Risk Management Framework and strategies in line with Group, covering the full range of external and internal fraud types
Develop a strong understanding of the key fraud risks and controls across the UK, ensuring these are adequately identified, assessed and managed
Provide subject matter expert guidance and oversight of fraud analysis and the use of the fraud detection systems
Undertake regular fraud loss trend analysis to identify themes and problem fraud performance
Ongoing review and challenge of fraud-related issues and events
Ensure appropriate management information (MI) and Key Risk Indicators (KRIs) are in place to effectively monitor and oversee UK`s fraud risks
Coordination of all fraud related MI; delivering insightful and concise reporting to committees and senior management
Prior experience of fraud detection systems and fraud analytics with the ability to oversee these activities and provide guidance on industry best practise
Strong stakeholder management skills
A self-starter who can use their own initiative to quickly develop knowledge and understanding of the UK businesses and the fraud risks within these businesses
Well-developed report writing and communication skills with the ability to interact at senior levels within the organisation
Experience of risk management with particular knowledge and expertise of financial crime, including but not limited to Credit Cards, Savings, Loans, Mortgages, PCA and internal fraud
Ability to provide intellectual rigor to risk assessment, development of business solutions and decision making
Financial and analytical acumen with the ability to manage an extremely broad and diverse agenda