Fraud Operations Specialist - Fraud Prevention

Zopa; Manchester; Hybrid; GBP 35,000 - 48,000; Full time

Benefits offered by this job

Dog-friendly office

Hybrid working (Manchester 3 days/week

Work abroad up to 120 days/year

Job summary

Zopa is hiring for a fraud analyst to protect customers from fraud while ensuring smooth onboarding for genuine customers. You will review daily fraud alerts, conduct document checks and listen to suspicious calls, gathering evidence to back up claims or investigations.

The role involves handling escalations, conducting payment reviews, and coordinating with Cifas and law enforcement as needed. It is a hybrid role based in Manchester, with some remote flexibility and occasional weekend work.

Qualifications

• Proven experience in a similar fraud role within a financial institution.
• Strong understanding of fraud and AML laws and regulations.
• Excellent attention to detail when examining documents.

Responsibilities

• Handle fraud escalations in the application journey, including document reviews and call listening.
• Complete inbound & outbound payment reviews within service levels.
• Investigate requests to change personal information and apply updates after resolution.
• Investigate fraudulent transaction claims end to end and raise chargebacks where applicable.
• Spot first-party fraud and provide clear, evidenced rationale.
• Keep customers informed throughout investigations and manage expectations.
• Submit reports to Cifas and coordinate with other financial institutions and law enforcement when needed.
• Coach colleagues across Zopa on fraud queries to improve referrals.

Skills

Fraud investigations

Cifas knowledge

Attention to detail

Pressure management

Team player

Tools

Cifas system

Visa fraud tools

Job description

Our Story

We started our journey back in 2005, building the first ever peer-to-peer lending company. Fast forward to 2020 and we launched Zopa Bank. A bank that listens to what our customers don’t like about finance and does the opposite. We’re redefining what it feels like to work in finance. Our vision for a new era of banking puts people front and centre — we’ve built a business that empowers everyone to aim high, every day, to move finance forward. Find out more about our fantastic offerings at Zopa.com!

We’re incredibly proud of our achievements and none of it would be possible without the amazing team here. It’s not just industry awards we’re winning, we’ve also been named in the top three UK’s Most Loved Workplaces.

If you embrace unconventional challenges, are unafraid to think differently and are driven to make an outsized impact, you’ll thrive here at Zopa, so join us, and make it count.Want to see us in action? Follow us on Instagram @zopalife

The role:

You will help protect Zopa's customers from fraud while keeping things smooth for the genuine ones. You'll review and manage daily fraud alerts and claims across all Zopa products. You'll need a sharp eye for detail, experience reviewing documents and listening to suspicious calls, and the judgement to gather the evidence that backs up a claim or investigation.

Weekly working pattern:

This role operates on a hybrid working pattern, with three days per week in the office.

You will work 7.5-hour shifts between 8:00am and 8:00pm, Monday to Friday.

You will also be required to work one weekend day every other week, remotely from 9:00am to 5:30pm, with a day off in lieu during the week.

Some bank holiday working may also be required.

• Handle fraud escalations in the application journey, including document reviews, call listening and any other suspicions raised during onboarding.
• Complete inbound & outbound payment reviews within our service levels, making timely, well-reasoned decisions that protect customers without adding friction for legitimate payments.
• Investigate requests to change personal information and only apply updates once every concern is resolved.
• Investigate fraudulent transaction claims end to end, raising Visa chargebacks where applicable.
• Spot first-party fraud and elevate it with clear, evidenced rationale.
• Keep customers informed throughout an investigation and manage their expectations.
• Submit reports to Cifas and work with other financial institutions and law enforcement when needed.
• Support seniors and team leaders in high priority cases.
• Coach colleagues across Zopa on fraud queries, improving the quality and consistency of referrals.

• Proven experience in a similar role within a financial institution.
• Previous experience using Cifas and Visa.
• Knowledge of fraud and AML laws and regulations.
• Excellent attention to detail when examining documents.
• Able to prioritise cases and stay effective under pressure.
• Adaptable in a fast-paced environment.
• A team player who acts with integrity and treats customers and colleagues with respect.

At Zopa we value flexible ways of working.

We value face-to-face collaboration and a good work-life balance. This hybrid role requires you to come to our Manchester office 3 days a week. (WeWork, Dalton Place, 29 John Dalton Street, M2 6WF) Please note this office is dog friendly so you might see some furry friends about!

You’ll also have the option of working from abroad for up to 120 days a year!* But no matter where you are, we’ll make sure you’ve got everything you need to thrive, both in your work and home life, from day one.

*Subject to having the right to work in the country of choice

Diversity Statement

Zopa is proud to offer a workplace free from discrimination. Diversity of experience, perspectives, and backgrounds leads to better products for our customers and a unique company culture for our people. We are made up of nearly 50 nationalities, have a DE&I forum made up of Zopians wanting to make a difference and we are proud of our culture where everyone can bring their full self to work. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments.

Our approach to AI in interviews

At Zopa, AI isn't something we're testing out — it's part of how we work every day. As a proud partner ofJobs 2030 we'recommitted to building AI fluency across our workforce, and we expectZopiansto use AI as part of how they do their jobs.

Because of that, we want to be transparent about how we think about AI use during our hiring process.

Behavioural and competency-based interviews: pleasedon'tuse AI.These conversations are designed to understandyou— your experiences, your judgment, and howyou'veapproached real situations. An AI-generated answercan'ttell us that. What it can do is get in the way of us finding out whetherwe'rethe right fit for each other.

Technical interviews: it depends on the role.Some technical stages actively welcome AI use,othersdon't. Your Talent Partner will let you knowwhat'sexpected at each stage.Where AI is part of the assessment,we'llbe interested not just in the outcome, but in how you used it – the tools you chose, your reasoning, and the decisions you made along the way.