Head of Fraud & Financial Crime

JR United Kingdom; England; On-site; GBP 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a Head of Fraud & Financial Crime to lead its fraud prevention strategies in a dynamic financial services environment. This pivotal role involves developing compliance strategies, overseeing investigations, and leading a dedicated team. As the subject matter expert, you will shape the company's approach to financial crime prevention, ensuring adherence to regulations while fostering growth in the expanding financial services division. If you are passionate about combating fraud and have a proven track record in financial crime prevention, this opportunity is perfect for you.

Qualifications

• Proven experience in a senior financial crime or fraud prevention role.
• Deep knowledge of AML frameworks and payment fraud management.

Responsibilities

• Develop and implement financial crime and fraud prevention strategies.
• Ensure compliance with Money Laundering Regulations and JMLSG guidelines.
• Lead and develop the Financial Crime team.

Skills

AML frameworks

Fraud prevention strategies

Payment fraud management

Compliance with Money Laundering Regulations

Job description

Social network you want to login/join with:

Head of Fraud & Financial Crime, Lancashire

Client: MERJE

Location: Lancashire, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 5

Posted: 30.03.2025

Expiry Date: 14.05.2025

Job Description:

MERJE is seeking an experienced Head of Fraud & Financial Crime (FC) to lead the fraud and financial crime prevention strategies. This role offers an exciting opportunity to shape and oversee fraud prevention measures in a rapidly evolving consumer credit and payment services environment.

The Company

Our client is expanding its financial services division, offering consumer credit and regulated payment services. As they prepare for this growth, they seek to enhance their financial crime and fraud prevention capabilities.

The Role

The Head of Fraud will play a crucial role in establishing and overseeing fraud and financial crime prevention for the business. This certified position under SM&CR will lead two sub-teams, develop strategies, and act as the subject matter expert on AML, fraud, and financial crime.

Key Responsibilities of the Head of Fraud:

1. Develop and implement financial crime and fraud prevention strategies.
2. Ensure compliance with Money Laundering Regulations and JMLSG guidelines.
3. Oversee Customer Due Diligence checks and fraud investigations.
4. Report on strategy performance to senior management.
5. Lead and develop the Financial Crime team.

Required Knowledge and Experience for the Head of Fraud Role:

1. Proven experience in a senior financial crime or fraud prevention role.
2. Deep knowledge of AML frameworks and payment fraud management.
3. Understanding of Payment Services Regulations (PSRs) 2017.