Fraud & Credit Strategy Consultant

We're currently seeking a Fraud and Credit Strategy Consultant for a 12-month fixed-term contract based in London.

The role is part of the firm’s senior management team as part of the Risk and compliance function in an independent second line of defence role. You will be reporting to the CRO and will assist the CRO to manage the function as a second line of defence by contributing to the oversight and execution of a wide range of risks as well as for the implementation of the firm’s risk strategy.

Main Responsibilities:

• Develop and maintain the anti-money laundering and counter-terrorist financing policy (Financial Crime) in line with evolving statutory and regulatory obligations.
• Ensure that all internal SARs received are investigated without delay and submitted to the relevant law enforcement agency with the regulatory timeframe.
• Make recommendations for action to remedy any deficiencies in financial crime and credit policies, procedures, systems, or controls and follow up on those recommendations.
• Represent the firm to all external agencies, e.g., regulators or law enforcement agencies, and in any other third-party enquiries related to money laundering prevention, investigation, or compliance.
• Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies.
• Regularly review the effectiveness of money laundering compliance policies and procedures to prevent money laundering and counter the financing of terrorism.

Key Skills & Experience:

• University degree
• Minimum 5 years working within a fraud/Credit Strategy function for a financial service lender/deposit taker.
• Proactively finding patterns in transactions that are indicative of fraudulent activity, particularly in new markets
• Ability to monitor, adapt and implement credit strategies.
• Experience in a credit risk environment with automated processes and data driven decisioning tools/culture.
• Experience of devising and implementing fraud strategies within a savings environment.
• Strong numeracy and analytic skills informing evidence-based decisions.