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Fraud detection specialist (private banking)

London
Montpellier Resourcing
Banking
Posted: 11 May
Offer description

💸Up to £50,000 plus EXCELLENT bonus and benefits


🏡Hybrid working available


Our client, a highly prestigious private bank dealing with Ultra-High-Net-Worth clients, has an exciting new opening for a Fraud Detection Specialist to join their team. As a Fraud Detection Specialist, you'll be central to protecting the bank and its customers from financial harm by identifying, analysing, and investigating card and payment fraud. You'll serve as a key point of contact across the bank, representing customer, risk, and colleague perspectives to enhance professionalism and customer experience.


🎯Duties of the Fraud Detection Specialist to include:

* Manage daily fraud alerts, engaging with customers on suspicious card and payment activity.
* Conduct in-depth account and transaction analysis to detect fraud patterns.
* Contribute to operational resilience and business continuity efforts.
* Provide feedback on fraud strategies and processes to identify and mitigate fraud.
* Proactively identify emerging fraud trends and inform rule adjustments for investigators.
* Assist with resource planning and daily prioritization of fraud queues.
* Review accounts for fraudulent activity and take appropriate actions.
* Build and maintain strong relationships with other departments for timely and effective fraud response.
* Handle special projects related to emerging fraud risks.
* Ensure immediate blocking of fraudulent accounts and escalate appropriately.
* Accurately record and analyse incidents in the Incident Management System.
* Utilize analytical skills to monitor transaction data, identify trends, and suggest improvements.
* Maintain clear communication with customers, manage expectations, provide fraud warnings, and determine payment acceptance.


✅Requirements for the successful Fraud Detection Specialist to include:

* 10+ years of expert-level experience in fraud detection/operations, with a strong track record of identifying scams.
* Proven experience in authorised push payment (APP) fraud regulations, with a proven ability to identify and prevent these transactions before they are processed.
* Possesses excellent knowledge of banking industry developments, including relevant legislation and advancements.
* Comprehensive understanding of fraud activities within regulatory and legal frameworks.
* Capable of innovative thinking and challenging existing processes to drive improvements.
* Comfortable and adaptable in fast-paced environments.


⭐Benefits include:

* Excellent industry leading pension scheme
* High level bonus
* Hybrid working, allowing you flexibility to balance working from home
* Full private healthcare
* AND MORE!


This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Associates Resourcing Limited are those of an Employment Agency

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