Head of Fraud & Financial Crime

TN United Kingdom; Clayton-le-Moors; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Head of Financial Crime to spearhead innovative fraud prevention strategies. This pivotal role involves leading a dedicated team, ensuring compliance with regulatory standards, and collaborating with senior management to enhance financial security. The ideal candidate will possess extensive experience in financial crime prevention and a deep understanding of AML regulations. Join a forward-thinking organization that values digital innovation and offers robust employee development opportunities.

Qualifications

• Proven senior experience in financial crime or fraud prevention.
• Deep knowledge of AML and fraud detection.

Responsibilities

• Lead the Financial Crime team and develop fraud prevention strategies.
• Ensure compliance with AML regulations and oversee investigations.

Skills

Leadership

Fraud Prevention

AML Compliance

Analytical Skills

Communication Skills

Job description

The job description provides comprehensive information about the role, company, responsibilities, requirements, and benefits. However, it can be improved in terms of formatting and focus to enhance readability and relevance.

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Head of Fraud & Financial Crime, Clayton-le-Moors

Client: Frasers Group

Location: Clayton-le-Moors, United Kingdom

Job Category: Finance

EU work permit required: Yes

Job Description

At Frasers Group, we’re rethinking retail through digital innovation and unique customer experiences. We serve consumers with the world’s best sports, premium, and luxury brands globally. Our financial services arm is expanding, and we are seeking a Head of Financial Crime to lead our fraud prevention strategies.

Key Responsibilities

1. Leadership and Strategy: Lead the Financial Crime team, develop and oversee fraud prevention strategies, ensure policies are compliant with regulations, and act as SME on AML, fraud, and financial crime.
2. Financial Crime Prevention and Oversight: Implement AML and fraud measures, oversee investigations, and ensure customer due diligence.
3. Regulatory Compliance: Ensure adherence to MLRs, JMLSG, PSRs 2017, and other relevant regulations. Develop staff training and stay updated on emerging trends.
4. Collaboration and Reporting: Report to senior management, work with risk and compliance teams, and monitor strategy effectiveness.
5. Team Development: Manage and mentor the team, fostering skills development and cross-training.

Minimum Requirements

• Proven senior experience in financial crime or fraud prevention, ideally in credit card or payment services.
• Deep knowledge of AML, fraud detection, and payment fraud management.
• Understanding of MLRs, JMLSG, PSRs 2017.
• Leadership skills with experience managing teams.
• Excellent communication and analytical skills.

Additional Information

This role is within the SMCR regime and requires FCA approval. The position offers various employee benefits and development opportunities.