Fraud and Financial Crime Manager

Hours: Full-time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

About this opportunity

Within Insurance, Pensions & Investment (IP&I), we’re on exciting journey to deepen our relationships with our customers and grow the business further, in a sustainable way. We’re developing new propositions and delivering a seamless service to our customers across all our channels.

IP&I Risk provide independent oversight across the business, on all risk types, ensuring senior management and the IP&I Board can make informed decisions when considering the IP&I Risk profile. We encourage all our colleagues to challenge the status quo and to produce new and innovative ideas. We're focused on creating a values-led culture and are committed to building a truly inclusive environment where you can make a real difference.

IP&I Risk Economic Crime Prevention (ECP) is a second line of defence team of six people, responsible for providing specialist ECP (fraud, anti-money laundering, sanctions, and anti-bribery) oversight. We provide proactive support, data led and insightful advice and challenge.

Are you a proactive individual with a deep understanding of fraud? Join our dynamic IP&I Risk ECP team and play a pivotal role in the oversight of key economic crime initiatives to contribute to IP&I’s bold growth plans.

Your responsibilities will include:

• Supporting the business to understand their legal/regulatory and policy requirements, understand ways to better prevent and detect frauds whilst digitising customer journeys and launching new propositions.
• Be actively involved in fostering a risk culture mindset through proactive management of risk & control, reviewing risk profiles, Risk and Control Self Assessments (RCSA), and relevant data.
• Supporting key business relations with senior management and delivering on critical initiatives.
• Enhancing our operations by taking on various tasks as needed and stepping in for the Senior Manager when necessary.

About us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you!

What you’ll need

• Strong knowledge of Fraud typologies, technology solutions and controls
• Understanding of regulatory requirements for Fraud, Anti-Money Laundering, Sanctions and Anti-Bribery and Corruption matters
• Strong relationship management skills with the ability to influence, provide constructive challenge and communicate (written and verbal) at senior levels
• Understanding of Risk Management Frameworks and RCSA
• Initiative-taking in finding opportunities for, and champions change, to deliver continuous improvement to systems and processes
• Experience and ability to communicate data and perform analytics would be ideal, but not essential

We also offer a wide-ranging benefits package, which includes: 

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies