Fraud Operations Specialist - Fraud Prevention

Zopa Bank Limited; Manchester; Hybrid; GBP 48,000 - 60,000; Full time

Benefits offered by this job

Dog friendly office

Job summary

Zopa Bank Limited in Manchester seeks a Fraud Analyst to handle onboarding fraud reviews, payment reviews, and investigations end to end. You’ll work hybrid with in-office days and remote options, contributing to a secure customer journey.

Applicants should have proven fraud experience in banking, knowledge of AML laws, and strong attention to detail. You’ll collaborate across teams, report to leaders, and support colleagues in high-priority cases.

Qualifications

• Proven experience in fraud roles within financial institutions.
• 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.
• Team player with integrity and respect for customers and colleagues.

Responsibilities

• Handle fraud escalations in the application journey, including document reviews and calls.
• Complete inbound and outbound payment reviews within service levels.
• Investigate requests to change personal information and resolve concerns.
• Investigate fraudulent transaction claims end to end and raise chargebacks where applicable.
• Spot first-party fraud and elevate with evidentiary rationale.
• Keep customers informed during investigations and manage expectations.
• Submit reports to Cifas and liaise with other institutions and law enforcement.
• Support seniors and team leaders on high-priority cases.
• Coach colleagues across Zopa on fraud queries to improve referrals.

Skills

Fraud prevention

AML compliance

Investigation

Onboarding reviews

Document review

Communication

Team player

Pressure handling

Tools

Cifas

Visa

Job description

Job Responsibilities & Qualifications

• 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.
• Hybrid, with one day a week in the office.
• 7.5-hour shifts between 8am and 8pm, Monday to Friday.
• One weekend day every other week, worked remotely, with a day off in lieu during the week.
• Some bank holiday working may be required.
• 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.

Company Culture

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 2-3 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!

Diversity Statement

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 of Jobs 2030, we're committed to building AI fluency across our workforce, and we expect Zopians to 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: please don't use AI. These conversations are designed to understand you - your experiences, your judgment, and how you've approached real situations. An AI-generated answer can’t tell us that. What it can do is get in the way of us finding out whether we’re the right fit for each other.