Head of Fraud Strategy

Are you an experienced fraud risk leader ready to shape the fraud strategy of a fast-scaling, technology-enabled global correspondent bank? Then you might be the one we are looking for.

Banking Circle is a fully licensed, technology enabled bank processing over €1.5 trillion in payments every year - and growing. We exist to power the global economy’s most ambitious payments businesses with infrastructure that is fast, modern, and engineered for scale. Today, more than 800 people across 11 countries work together as one global team. We move fast, we think boldly, and we build with intent - because our clients depend on us to keep pace with the world’s most dynamic payments flows. We are expanding globally, scaling our capabilities, and deepening our impact, so if you want to shape the future of financial infrastructure - this is the place.

Your team welcomes you with open arms

As the new Head of Fraud Strategy in our Compliance team in London, Luxembourg or Munich, you’ll experience an open and knowledge driven culture, where everyone can thrive, connect with colleagues, learn and grow. Here you will be empowered to make an impact every day.

In this role you will get the chance to lead the design, enhancement and operationalisation of our fraud risk management framework. This is a hands-on leadership role with real scope to assess our current global framework, identify opportunities for improvement, and build a robust, data-led and operationally effective fraud strategy aligned to our risk appetite and business model. In this role you’ll be the senior fraud subject matter expert and will lead on embedding fraud considerations into product design, client oversight and operational processes and collaborate with teams across the bank (including technology) to strengthen prevention and detection of fraud.

We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team.

Exciting work is waiting for you

• Design and implement an enhanced fraud strategy aligned to Banking Circle’s risk appetite and correspondent banking model.
• Develop a scalable fraud risk management framework covering prevention, detection, response and recovery.
• Identify emerging fraud typologies across UK and European and other Global markets
• Partner with Data and Technology teams to improve analytics, detection strategies, monitoring controls, dashboards and MI.
• Strengthen end-to-end fraud case management, including triage, investigation, decisioning, recovery and reporting.
• Act as a senior fraud subject matter expert with internal stakeholders, clients, payment scheme participants and industry forums.

Things we’ll look for on your resume

You have 8+ years of experience in a similar role that has given you a deep understanding of payments, banking operations and emerging fraud patterns, as well as knowledge of relevant regulations gained across fraud risk management roles within banking, payments and financial crime compliance, ideally within a correspondent banking environment.

You have strong data analysis and reporting skills, with the ability to transform complex datasets into actionable insights and intelligence, and experience in preparing and presenting management reports and fraud dashboards. Also, you have proven experience of designing, enhancing or implementing fraud frameworks, controls, governance and monitoring strategies is a must, and you should have the ability to engage senior stakeholders and external partners.

Banking Circle is an international company. Our internal workforce consists of over 50 nationalities, and we serve more than 900 clients and partners located all over the globe. Therefore, our company language is English.

Go ahead and take the first step

We look forward to hearing from you. We review applications and interview candidates continuously. Please note that we don’t accept or consider CVs received through email or direct messages. If you have questions, please reach out to Katja Linnea Serritzlew, Global Recruitment Lead on kals@bankingcircle.com. No recruitment agencies, please.

We are proud to be an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, age, religion, sexual orientation, national origin or any other characteristic protected under federal, state or local laws, regulations and ordinances. To learn more about Banking Circle, visit us at www.bankingcircle.com