Head of Fraud & Financial Crime

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Head of Fraud & Financial Crime, Lancashire

Client: MERJE

Location: Lancashire, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 5

Posted: 30.03.2025

Expiry Date: 14.05.2025

Job Description:

MERJE is seeking an experienced Head of Fraud & Financial Crime (FC) to lead the fraud and financial crime prevention strategies. This role offers an exciting opportunity to shape and oversee fraud prevention measures in a rapidly evolving consumer credit and payment services environment.

The Company

Our client is expanding its financial services division, offering consumer credit and regulated payment services. As they prepare for this growth, they seek to enhance their financial crime and fraud prevention capabilities.

The Role

The Head of Fraud will play a crucial role in establishing and overseeing fraud and financial crime prevention for the business. This certified position under SM&CR will lead two sub-teams, develop strategies, and act as the subject matter expert on AML, fraud, and financial crime.

Key Responsibilities of the Head of Fraud:

1. Develop and implement financial crime and fraud prevention strategies.
2. Ensure compliance with Money Laundering Regulations and JMLSG guidelines.
3. Oversee Customer Due Diligence checks and fraud investigations.
4. Report on strategy performance to senior management.
5. Lead and develop the Financial Crime team.

Required Knowledge and Experience for the Head of Fraud Role:

1. Proven experience in a senior financial crime or fraud prevention role.
2. Deep knowledge of AML frameworks and payment fraud management.
3. Understanding of Payment Services Regulations (PSRs) 2017.