Digital Payments Fraud Strategist
1 month ago
About Frank Consult: Our client, a leading fintech company, specialises in digital payments. They are committed to providing innovative and secure payment solutions that empower businesses and individuals. As they continue to grow, they seek an experienced Digital Payments Fraud Strategist to lead their fraud prevention efforts.
Purpose of Role:
- Develop a comprehensive fraud prevention strategy for digital payments.
Key Responsibilities:
- Lead the development of a robust fraud prevention strategy for digital payments.
- Oversee the monitoring, analysis, and investigation of potential fraud cases.
- Collaborate with other departments to enhance fraud prevention measures and ensure compliance with industry regulations.
- Stay up-to-date with industry trends and best practices in fraud prevention and digital payments.
- Conduct risk assessments and implement measures to mitigate fraud risks.
- Prepare and present detailed reports on fraud trends, risks, and mitigation strategies to senior management.
- Foster a culture of continuous improvement within the fraud team.
- Ensure the confidentiality and security of sensitive information.
Core Competencies:
- Strategic Leadership: Ability to develop effective fraud prevention strategies.
- Analytical Skills: Strong ability to analyse data and make informed decisions.
- Communication Skills: Excellent verbal and written communication skills.
- Problem-Solving: Ability to think critically and solve complex problems related to fraud.
- Integrity and Ethics: Strong commitment to maintaining confidentiality and handling sensitive information.
- Adaptability: Ability to adjust strategies to meet new challenges.
- Resilience: Ability to manage stress and handle high-pressure situations.
- Collaboration: Ability to work effectively with other departments and stakeholders.
- Technical Proficiency: Competence in using fraud detection tools and CRM systems.
Qualification and Experience Required:
- Relevant tertiary qualification in finance, legal, or a related field (advantageous).
- At least 7-10 years of experience in fraud detection and prevention, with a focus on digital payments.
- At least 3-5 years of experience in a leadership role.
- Enhanced knowledge of fraud and financial crime, including AML and STR/SAR directives.
- Proven track record of developing and implementing successful fraud prevention strategies.
Salary Range:
The estimated salary range for this position is between $120,000 and $180,000 per year, depending on location and experience.
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