Senior Fraud Prevention Strategist
2 months ago
Frank Consult is seeking a seasoned Head of Fraud to spearhead the development and implementation of a comprehensive fraud prevention strategy. The ideal candidate will possess extensive experience in fraud detection and prevention, with a focus on digital payments.
Main Responsibilities:
- Develop and execute a fraud prevention strategy for the digital payments environment, leveraging industry best practices and innovative solutions.
- Utilize advanced fraud detection technologies, such as AI and big data analytics, to monitor, detect, and mitigate fraudulent activities.
- Lead the implementation of systems and tools that support fraud detection, prevention, and investigation.
- Advise on technology adoption to strengthen fraud defenses and ensure alignment with the organization's goals.
- Ensure compliance with AML, STR/SAR directives, and other regulatory requirements related to financial crime.
- Use data analytics to identify and analyze fraud patterns, improving detection accuracy.
- Oversee fraud-related investigations and act as the key point of contact for all fraud matters.
- Provide leadership and mentorship to the fraud team, fostering continuous improvement and knowledge of emerging fraud trends and technologies.
Requirements:
- 10+ years of experience in fraud detection and prevention, with exposure to digital payments being a strong advantage.
- 5+ years in a leadership role managing fraud prevention teams.
- In-depth knowledge of fraud, financial crime, AML, and STR/SAR directives.
- A proven track record of developing and executing fraud prevention strategies.
- Experience with AI technologies and their application in fraud detection and prevention.
- Expertise in data analytics and big data for enhanced fraud detection.
- Relevant tertiary qualification in finance, legal, or a related field.
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